Popular Inner West Cafe | Corner Location

Business For Sale Newtown, New South Wales 2042

Business Category Cafe and Coffee Shop

$249,000 + S.A.V.

Description

Popular Inner West Cafe | Corner Location

This popular Inner West cafe is located on a sunny corner position and is situated directly opposite a park. The shop has a welcoming suburban feel and has become a vibrant meeting place for the locals.

Despite being in the heart of The Inner West, the business has virtually no local competition. With an outdoor seating area that wraps around two sides of the building the cafe is highly visible to passing traffic, plus a busy cycleway goes right past the door.

There has been a cafe in this space for more than twelve years and the business has traded under its current name for just over four years.

The set up and menu make this an easy to run operation that would suit a first time operator or an experienced hospitality professional looking for their next challenge.

Coffee sales are consistently around 30kg – 35kg per week. The menu offers a good selection of breakfast dishes, the lunchtime menu offers sandwiches, salads and burgers.

The business has no online presence at the moment so there is a great opportunity for the new owner to immediately grow the business with social media and online ordering facilities.

Staff
The business currently runs with the owner, a chef/cook, a barista and an all rounder

Lease
The current lease has options until 2028, the landlord has been supportive throughout Covid and is willing to negotiate an additional term if required.

Trading Times
Monday to Friday 7am - 3pm Saturday and Sunday 8am - 3pm

Premises
A well laid out space with an open plan kitchen and counter, seating area and toilets on the ground floor. Downstairs there is a separate storage area and staff bathroom.

Opportunity
The business does not currently have any online or social media presence, a new owner could easily build and online following quite quickly. Investing a little time and money in setting up a website and social media accounts could drive additional sales for turnover. The business also has the opportunity to add a delivery arm to the business. There is a demand locally but this is not something that is currently being offered.

**Weekly**
Turnover (inc GST) 30kg - 35 KG
Wages $4,647
Rent $1,089
Net Profit $2,808
Contact Seller
Paul Leach

Bsale ID: 547436

GSE Business Consultants
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