For Sale: Iconic Café In Sydney’s Prestige Waterfront Suburb

For Sale: Iconic Café in Sydney’s Prestige Waterfront Suburb

List Price

$120,000 + SAV

About the Business

An exceptional opportunity has arisen to acquire this café business, a thriving café located in the heart of one of Sydney's most prestigious waterfront suburbs. Surrounded by a high-end community and within proximity to top private schools, this café enjoys consistent patronage from affluent locals, professionals, and students.

Key Features:

Prime Waterfront Suburb: Set in one of Sydney’s most desirable suburbs, this cafe benefits from a high-visibility position in a major commercial area, drawing constant foot traffic and passersby.

Proven Business: With a strong customer base and a proven business model, this café has established itself as a local favourite. Known for its excellent service, delicious menu, and unique atmosphere, it is a go-to spot for both locals and visitors.

On-Premises Liquor License: Take advantage of the existing liquor license to serve a variety of drinks, from coffee to cocktails, enhancing revenue opportunities, especially a glass of wine with over a meal.

Permitted Extended Night Trading: The extended trading hours allow you to capture a diverse crowd, from morning to lunch-goers to those seeking a cozy evening spot, maximizing profits throughout the day.

Secured Long Lease: Secure your investment with a long-term lease, providing stability and confidence for the future growth of the business.

Extensive Indoor and Outdoor Seating: The large seating area, both indoors and outdoors, creates an inviting and versatile environment for customers to enjoy. The outdoor space is perfect for sunny days, while the cozy indoor setting draws in patrons year-round.

This offers a rare opportunity to own a thriving café in a high-end suburb with unparalleled potential for growth. Its prime location, strong reputation, and diverse revenue streams make it an ideal investment for anyone looking to enter or expand in the café industry.

Trading Hours
Tuesday - Saturday: 7:00AM – 3:00PM, Sunday – Monday: Closed.

Income
Since opened in March to September 2024 the total sales is $296,156.38. Previous owner sales from July to December 2023 were $528,000.

Employee
2 x Fulltime and 2 x Casuals.

Lease

Lease commenced on 19/08/2020 and expires on 18/08/2025 with Renew Option: 5 Year + 5 Year.

The current Lease has no annual rent review except market review when exercise the next 5 year Renew Option and requires Bank Guarantee of 3 Months’ Rent + GST.

Current Monthly Rent: $9,476.91 + GST with no Outgoings.

Premises total lettable space is 91.6 sqm including Grease Trap, Outdoor Seating, Airconditioning, Large Fridges and Freezer (please refer to the attached Inventory List) and 1 reserved basement parking and storage cage.

Property Code: 146