Redfern Cafe – Under Management, 6 Days, Location, Simple Operation

Business For Sale Redfern, New South Wales 2016

Business Category Cafe and Coffee Shop

$149,000

Description

Redfern Cafe – Under Management, 6 Days, Location, Simple Operation

Located on a main street of Redfern, this unique and very well presented and profitable cafe has a solid reputation and is a local destination for residents and businesses. This business is perfectly positioned, with excellent passing traffic, easy at-the-door parking. This business is well known in the area and beyond and is run under semi management so it is perfectly set up for a continued successful operation.

Operating 6 days a week for breakfast and lunch only, current weekly sales are $6.5k per week (Jul 20-May 21) with a low rent of approximately $850 per week. Approximately 5 years remaining on the lease with the possibility of a further 3 year option or a completely new lease.

The cafe has a full commercial kitchen with a grease trap and exhaust system. The indoor dining area has approximately 15 seats, with a further 11 footpath seating places.

The menu has a food offering of cafe fare, together with a unique twist that is in line with its identity.

A very attractive business with a loyal following, great passing traffic, surrounded by residential towers and business, this business is sure to appeal to a range of buyers from first timers to experienced operators..

This cafe operation is run expertly under semi-management but still has room to grow with extending the operating hours. Further profitability can be obtained from the reduction in wages. For those that wish to open for dinner, the option is available as is the possibility of obtaining a liquor license. The sales through delivery apps with night operation will increase the turnover. Finally, focusing on catering will also bring in extra revenue.

**Weekly**
Coffee Sales Per (Kg) 20kg
Turnover (inc GST) $6,655
Rent $850
Wages $1,146
Net Profit $1,651
Contact Seller

Bsale ID: 543477

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