Iconic Established Cafe Near University With Low Rent In Southwest Sydney

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Glebe, New South Wales 2037

$70,000

Key Features

AI generated. Contact seller to confirm.

Iconic suburban cafe near large university
Indoor/outdoor seating for 32 patrons
Serves approximately 20 kilos of coffee weekly
Trading seven days, 7am to 3:30pm
High visibility to foot and car traffic
Realistically priced at $70,000 (marketing price)

Turnover: $9,000 weekly
Net Profit: $1,627 weekly (approx.)
Rent/Lease: $880 weekly
Stock Value: Not disclosed
Established: Well-established (no year stated)

Business Details

Business Category

An iconic suburban cafe with a bustling shop front, indoor/outdoor seating for 32 with a reputation for brewing delicious coffee paired with a simple yet enticing menu. Positioned in the heart of a vibrant shopping strip with high visibility to foot and car traffic, this well-established cafe is the go-to spot for locals and students alike, thanks to its proximity to a large university.
With a proven track record of delivering an exceptional customer experience, this business is primed for a new motivated owner to take the reins and build on its success. Don't miss out on this realistically priced opportunity! Schedule your inspection now to explore the potential of this thriving cafe.
Currently serving 20 kilos per week approximately.
Trading 7 days, 7am till 3.30 pm.
Weekly summary approximately, includes GST unless stated otherwise.
Takings $9000
Cost of Goods $2500
Rent $880
Outgoings $33
Wages $3500
Tele/Internet $10
Insurance $48
Electricity $153
Gas $38
Rubbish Removal $56
Subscriptions $10
Accounting/Bank Fees $80
Pest control $13
Misc $100
Net Profit Approximately $1,627

Contact:Angelo Fournaris XXXXXXXXXX XXXXXXXXXX

Disclaimer:Financials are vendor-supplied; Network Infinity and its agents make no guarantees or accept liability. Buyers should seek independent advice and conduct their own due diligence. Images are illustrative only.