Surry Hills, New South Wales 2010
$450,000
Key Features
AI generated. Contact seller to confirm.
- Highly sought-after Surry Hills and Sydney CBD fringe location
- Approximately 97 sqm premises with seating for approximately 60 customers
- Impressive open-plan fit-out and fully equipped commercial kitchen
- Licensed premises with walk-in cool room and commercial extraction
- Rear lane access and one car space
- Established customer base with substantial positive online reviews
- Turnover: $19,000 per week takings (approximately, including GST unless stated otherwise)
- Net Profit: $3,461 per week net profit (approximately, owner operated)
- Rent/Lease: $3,300 per week rent; new lease available to incoming purchaser
- Established: Established since 2006; approximately two decades of operation
Business Details
Business Category Cafe
Hidden Gem | Established Since 2006 | Approx. 60 Seats | Outstanding Fit-Out | New Lease Available
A rare opportunity to acquire a long-established and highly regarded cafe positioned in one of Sydney's most tightly held inner-city locations, on the outskirts of the Sydney CBD.
Established since 2006, this business has built a strong reputation and loyal following over many years and is now being offered for sale as the owner looks towards retirement.
Tucked away in a quiet and unique pocket of the inner city, the cafe provides an ideal meeting place and escape from the surrounding hustle and bustle. It attracts a broad mix of local residents, professionals, white-collar and blue-collar workers, together with customers meeting for breakfast, brunch, lunch and quality coffee.
The location is surrounded by a substantial mixture of residential apartments, commercial activity and established inner-city neighbourhoods, while also being moments from open parkland and major transport connections.
The premises offer approximately 97 sqm with an impressive, spacious open-plan layout and seating for approximately 60 customers.
The fit-out is a major feature of the business. The premises are beautifully presented with high ceilings, an open and inviting dining area and a quality commercial kitchen designed to accommodate a substantial cafe operation.
The kitchen and infrastructure include a walk-in cool room, grease trap, commercial ventilation and extraction, together with the equipment and facilities expected of an established high-volume cafe.
The premises are also licensed, providing a purchaser with the opportunity to continue the existing cafe operation while potentially further developing the beverage and food offering, subject to the relevant approvals and licence conditions.
The cafe has developed a reputation for quality cafe meals, breakfasts, lunches and coffee and enjoys a significant online presence with a large number of positive customer reviews.
After approximately two decades of operation, the business benefits from an established customer base and repeat trade rather than relying solely on passing pedestrian traffic. This is a genuine neighbourhood destination where customers know the business and return regularly.
The surrounding area provides an excellent demographic for an established cafe, with a combination of local residents, apartment dwellers, office workers, tradespeople and professionals providing multiple customer markets throughout the day.
The premises also benefit from rear lane access and one car space, an important practical advantage for deliveries, loading and the day-to-day operation of an inner-city hospitality business.
Key Features:
Long-established cafe operating since 2006
Highly sought-after Surry Hills / Sydney CBD fringe location
Quiet, tucked-away position creating a genuine "hidden gem" atmosphere
Strong and loyal established customer base
Excellent reputation with substantial positive online reviews
Approximately 97 sqm premises
Spacious open-plan dining area
Impressive and well-presented commercial fit-out
Fully equipped commercial kitchen
Walk-in cool room
Grease trap
Commercial ventilation and extraction
Licensed premises
Rear lane access
One car space
Established breakfast, brunch, lunch and coffee trade
Surrounded by residential apartments, businesses and local workers
Moments from open parkland and major inner-city amenities
Established trading history and reputed ongoing turnover
Approved daytime trading hours
Opportunity for an experienced operator to continue and further develop the business
New lease available to an incoming purchaser
Genuine retirement sale after approximately 20 years of ownership/operation
This is not a newly established cafe trying to build a customer base from scratch. It represents an opportunity to step into a proven inner-city hospitality business with history, reputation, infrastructure and an established clientele already in place.
The combination of its discreet location, quality fit-out, commercial kitchen, licensing, approximately 60-seat capacity and long trading history makes this an opportunity that would be difficult and costly to recreate from a vacant premises.
After operating from this location since 2006, the owner is now looking towards retirement and is offering the business to the market for the next operator to continue its established reputation.
Inspection is highly recommended to appreciate the location, presentation, fit-out and scale of the premises.
Further information, financial details and inspections are available to genuine purchasers upon completion of confidentiality requirements.
Current Trading Snapshot
Serving approx 20 kilos coffee per week
liquor sales per week $1000
Trading 7 days, from 7am to 4pm
Weekly Summary (approx., incl. GST unless stated otherwise)
Takings: $ 19,000
Cost of Goods: $5,700
Rent: $ 3,300
Staff wages: $4,500
Insurance: $207
Electricity: $307
Gas: $300
Marketing: $60
Rubbish removal: $15
Net Profit (approx.)
Owner operated: $3,461
Contact:_\* Angelo Fournaris \[ XXXXXXXXXX ]\(tel:0410%20544%20347) [ XXXXXXXXXX ](
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