Price Drop For This Awarded, Eastern Suburbs Licensed Cafe.

Business For Sale New South Wales

Business Category Cafe and Coffee Shop

Reduced - $475,000 plus SAV

Description

Price Drop For This Awarded, Eastern Suburbs Licensed Cafe.

Renowned & fashionable café in a prosperous suburb near the famed coastal walk. Boasts over 20% profit margin, streamlined for easy operation with a refined menu, efficient systems, & a robust team.

Revenue: $1,262,013 pa

Rent: $70,783 pa

Net Profit: $328,557 pa

Location Details: Perched in a bustling beachside suburb, just minutes from the iconic coastal walk, this café is a haven for discerning customers. It’s not just a place to dine, but a vibrant social hub, perfect for those seeking a great vibe & premium hangout spot.

Potential: Extend operating hours, integrate food delivery services, enhance the cake business, and broaden to additional locations.

Hours: Monday - Friday 7am-2pm, Saturday - Sunday 7am - 3pm

Lease:
Rent: $70,783 pa
Term: 5 years until Dec 2024
Option to renew: 5 x 5 years.

Employee: Optimised for management-led operation with a dedicated team of 14, primarily casual staff.

Reason for Sale: Owners are pursuing new industry ventures and welcoming a new family addition.

About the Business:

Discover this well-known, trendy café in an affluent suburb near the iconic coastal walk. Boasting an above-average 20% profit margin, it's a financially rewarding gem that's effortless to run, thanks to a streamlined menu, established systems, and a stellar team. More than just a café, it's a community favourite, offering a lucrative opportunity wrapped in an appealing lifestyle. A rare chance to lead a thriving, easy-to-manage business.

This venture thrives with a management-led model, however, yields a significant upside for Owner-operators. Boasting celebrity clientele and strong local support, it offers immense growth potential. We're excited to guide you through this highly coveted business, showcasing its numerous outstanding attributes.

• Highly Profitable: A proven moneymaker with strong financials and an above-industry average profit margin of 20%.
• Trademarked, Expandable Brand: Uniquely positioned for easy multi-location growth.
• Diverse, Loyal Customers: A broad and repeating clientele base. • Prime Location: Nestled in a wealthy area, offering exceptional visibility and accessibility.
• Streamlined Operations: Effortlessly run with established systems and reporting in place.
• Innovative menu: Signature documented recipes and processes that customers rave about.
• Impressive Online Presence: Strong social media following and engagement.
• Ample Seating: Accommodates 35 indoors and over 20 outdoors.
• Award-Winning Reputation: A café that's recognised for excellence.
• Top-Quality Suppliers: Reliable and high-quality supply chain. • Liquor License: Adds a lucrative dimension to the business.
•Plenty of upside available for a new owner.

Quality like this doesn't come up often!

History: Since its inception in 2015, this business has not only grown a robust and expanding customer base but also cultivated a loyal following

Property Code: 138
Contact Seller

Bsale ID: 634149
Broker REF: voltbusiness_49_6

Volt Business Sales Pty Ltd
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