Mosman Café – Prized Position, Under Management, Location, Location, Location!

Business For Sale Mosman, New South Wales 2088

Business Category Cafe and Coffee Shop

$369,000 + SAV

Description

Mosman Café – Prized Position, Under Management, Location, Location, Location!

This established café is currently run under management and is a destination for the locals as well as benefiting from a large number of commuters and visitors to the area. This café boasts a strong online presence and following, with very favourable reviews.

A perfectly positioned café in the sought after suburb of Mosman, with no discernable competition. Primed and ready for a new operator to continue to harness the amazing potential of the location which is not able to be replicated.

The lockdowns did not affect the business profit wise. For the Financial Year 20/21, sales averaged $15.2k per week. There are approximately 5 years remaining on the lease.

The café serves its customers the typical breakfast and brunch fare of bacon and egg rolls, waffles, bircher, eggs benedict and smashed avocado whilst providing lunch fare of select burgers and salads. Smoothies, fresh pressed juices and coffee and tea complete the menu. As part of the set-up, a commercial kitchen with an adjacent cool-room, food preparation and storage area are available.

The opportunity here is to capitalize on the location and solid customer base and with an enthusiastic approach, expand the menu and the operating hours and days and seek out further market opportunities, including delivery as well as exploring catering. Possibility of obtaining a liquor license (STCA). Expand the menu offering to provide a further point of difference in the area.

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

Lease

The Lease commenced on March 1, 2022 and expired on February 28, 2027.
Rental increases of 5%
A three month rental bond is required.
The business runs on two concurrent leases with the same landlord.

Premises

The Café occupies a total of approximately ~53m2 with additional storage of approximately ~11m2. It has a compact commercial kitchen and an adjacent food preparation and storage area with a walk in coolroom. Seating for approximately 21 customers.

Staff

The business is currently run under management with the following staff:
1 x Manager Full Time
1 x Head Barista Casual
1 x Barista Full Time
1 x Head Chef Part Time
1 x Cook Part Time
1 x Kitchenhand Casual
4 x Floor Staff Casual

Trading Hours

The Café is open 7 days a week
Monday to Friday 6:30am – 1:30pm
Sat-Sun 8:00am – 2:00pm
The business is closed during the Christmas and Easter weeks.

Opportunity

The opportunity here is to capitalise on the location and solid customer base and with an enthusiastic approach, expand the menu and the operating hours and days and seek out further market opportunities, including delivery as well as exploring catering. Possibility of obtaining a liquor license (STCA). Expand the menu offering to provide a further point of difference in the area.

**Weekly**
Coffee Sales Per (Kg) 30
Turnover (inc GST) $15,772
Rent $1,097
Wages $4,888
Net Profit​ $3,823
Contact Seller

Bsale ID: 577785

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