North Parramatta Area Cafe - 6 Days, Renovated, Licensed, No Competition, Fantastic Location

Business Under Offer North Parramatta, New South Wales 2151

Business Category Cafe and Coffee Shop Restaurant

Under Contract / Offer

Description

North Parramatta Area Cafe - 6 Days, Renovated, Licensed, No Competition, Fantastic Location

Ever wanted to own an established café in the leafy North Parramatta suburbs that is recently renovated, has no competition, a long lease and is fully licensed and at the fraction of the renovation cost? Here is your opportunity!

This is a well-positioned business with no competition in this neighbourhood area has a large street frontage with parking at the doorstep and with playgrounds and parks nearby. Not many opportunities like these come to market regularly.

The café serves a cafe offering of breakfast and lunch – mostly in the form of breakfast items, burgers, pasta and pizza plus the regular coffee, tea, juices and shakes..

It has a turnover of $11.3k per week with 12kg of coffee served. Open 6 days a week and closed on Monday.

The lease has 8 years remaining including the option and the rent is $1,332 plus GST per week.

Perfect for a husband-and-wife team.

The opportunity here is to capitalise on the location and the existing customer base. Open 7 days a week. Revitalise the signage and branding to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings and utilise the liquor license further. Apply for footpath seating. Opportunity for further night/restaurant operation or even establish a ghost kitchen at night. Alternatively, change the operation into a restaurant of any cuisine, including pizza. Training is available!

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

Lease Details

The 5 x 5 year lease commenced August 1, 2022.

With the Option, the lease expires on July 31, 2032

A three month bank guarantee is required

Guarantors are required for the lease

Premises Details
Approximately 191m2 of internal space – Car Space, Toilet, full commercial kitchen, coolroom and large storage room. Indoor seating for 50. Outdoor/Footpath seating area application required. Well equipped and presented with renovations completed 12 months ago. Full on-premise license. Customer car parking at doorstep.

Staff Details

The business is run by the following:

1 x Full Time Owner/Barista

1 x Casual Head Chef

1 x Casual Chef

2 x Casual FOH

Opening Hours

6 days (Closed Monday)

Mon – Fri 7:00 am to 3 pm

Sat – Sun 8:00 am – 3 pm

Total of 46 operational hours per week

Opportunity
The opportunity here is to capitalise on the location and the existing customer base. Open 7 days a week. Revitalise the signage and branding to give a real presence to the business and increase awareness to the locals. Extend the menu to introduce further product offerings and utilise the liquor license further. Apply for footpath seating. Opportunity for further night operation or even establish a ghost kitchen at night. Alternatively, change the operation into a restaurant of any cuisine, including pizza. Training is available!

** Weekly**

Coffee Sales 12kg

Sales $11,370

Rent $1,332

Wages $3,080

Net Profit $1,315
Contact Seller
Tas Dasios
  • Tas Dasios

Bsale ID: 642361

GSE Hospitality Brokers
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