Business For Sale Redfern, New South Wales 2016
Business Category Cafe and Coffee Shop
$139,000 + SAV
Inner City Fringe Café – Under Management, 6 Days, High Exposure
This unique inner city/city fringe immaculately presented and profitable café has a solid reputation and is a local destination for residents and businesses. This business is perfectly positioned, with high street exposure, excellent passing traffic and easy, at-the-door parking. This business is well known in the area and beyond and is run under semi management so it is perfectly set up for a continued successful operation.
Operating 6 days a week for breakfast and lunch only, current weekly sales are $6.5k per week (Jul 20-May 21) with a low rent of approximately $850 per week. Currently the business closes on public holidays and during the Christmas/New Year period. Approximately 5 years remaining on the lease with the possibility of a further 3 year option or a completely new lease.
The café has a full commercial kitchen with a grease trap and exhaust system. The indoor dining area has approximately 15 seats, with a further 11 footpath seating places.
The menu has a food offering of café fare, together with a unique twist that is in line with its identity.
A very attractive business with a loyal following, great passing traffic, surrounded by residential towers and business (with more planned on the horizon), this business is sure to appeal to a range of buyers from first timers to experienced operators..
This café operation is run expertly under semi-management but still has room to grow with extending the operating hours. For those that wish to open for dinner, the option is available as is the possibility of obtaining a liquor license. The sales through delivery apps with night operation will increase the turnover. Finally, focus on catering will also bring in extra revenue.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Coffee Sales Per (Kg) 20kg
Turnover (inc GST) $6,655
Net Profit $1,651
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