Lower North Shore Village Cafe 30kg Coffee, Low Rent

Business For Sale Castle Cove, New South Wales 2069

Business Category Cafe and Coffee Shop Restaurant

$249,000 + SAV

Description

Lower North Shore Village Cafe 30kg Coffee, Low Rent

This licensed Lower North Shore/Middle Harbour Cafe is on the main street of the suburb and occupies an unrivalled position in a local setting. The business is nestled amongst complimentary businesses on a small neighbourhood high street shopping village and commands the coffee scene in the area.

The cafe location has been established over 8 years and for three years in its current format (refurbished and rebranded at that time). It currently trades from 7.00am 2.00pm Monday-Saturday and 8:00am 2:00pm on Sunday and provides dinners on Friday and Saturday nights. It is fully licensed and is using over 30kg of coffee per week. Approximately 40 internal seats and 32 footpath seats. Great and consistent turnover of $18k per week.

The daytime cafe menu is what you would expect. The dinner menu (Friday and Saturday) provides a quality offering for the neighbourhood and surrounds. The cafe has a fully fitted commercial kitchen with a grease trap, exhaust system and cool room. The dining area is a light, bright space and is very well maintained (complete refurbishment 3 years ago) and the cafe also has a dedicated outdoor seating area.

A 3 bedroom residence is also included on the lease which is currently tenanted for $850week. Lease (with Option) to 2031 with NO outgoings.

Easy to operate, this is a perfect business for an investor, owner operator or a family/couple. Everything is set up for you and the business is trading consistently high. Walk in and reap the benefits that the current owner has set up from day one. Increase the potential by extending the trading hours, particularly the early afternoons and Sunday night. Capture the school sports groups for their weekly catch ups or the school pick ups. Catering and functions are also a source of income. If you have been looking for a very profitable business with high turnover, limited competition and a loyal following, then this is the one.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details

The Lease started on February 1, 2021 and expires on January 31, 2026

A 5 year option is available. taking the lease to January 31, 2031

A 3-bedroom residence is included ($850/week rental received)

CPI rental increases annually.

Market Review at the options

No Guarantors required

Premises Details

Approx. 89.1m2 One Car Space, Toilet, full commercial kitchen, and coolroom. Indoor searing for 40. Outdoor/Footpath seating area (9m2) for 32. On premise liquor license. Well equipped and presented and renovated 3 years ago. Upstairs 3-bedroom residence tenanted at $850/week.



Staff Details

The business is run by the following:

1 x Full Time Owner

2 x Full Time Chefs

1 x Casual Kitchen Hand

1 x Full Time Barista

1 x Casual Barista

5 x Casual FOH

Total operational hours are currently 56 per week

Opening Hours

7 days

Mon Sat 7 am to 2 pm

Fri-Sat 5 pm to 9 pm

Sun 8 am 2 pm

Total of 56 operational hours per week

Opportunity

Easy to operate, this is a perfect business for an investor, owner operator or a family/couple. Everything is set up for you and the business is trading consistently high. Walk in and reap the benefits that the current owner has set up from day one. Increase the potential by extending the trading hours, particularly the early afternoons and Sunday night. Capture the school sports groups for their weekly catch ups or the school pick ups. Catering and functions are also a source of income. If you have been looking for a very profitable business with high turnover, limited competition and a loyal following, then this is the one.

** Weekly**

Coffee Sales 30kg

Sales $18,393

Rent $1,248 nett

Wages $5,618

Net Profit $2,465
Contact Seller
Tas Dasios

Bsale ID: 645170
Broker REF: 78853

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