Under Offer! Iconic Central Coast Cafe For Sale $358,000+sav

Business Sold New South Wales

Business Category Cafe and Coffee Shop

SOLD

Description

Under Offer! Iconic Central Coast Cafe For Sale $358,000+sav

BS8810

40Kg coffee. Income to working owner $160K+ pa

Located in a prominent position close to Brisbane Water this very popular Cafe will tick all of the boxes. Annual revenue exceeds $1.1m from regular returning local clients and visitors/tourists to the area.

BUSINESS HIGHLIGHTS

GM 70.2%

Breakfast and lunchtime service only (8-4pm)

Large premises with seating for 100+

Internal, shaded courtyard and pavement seating

Very prominent location well known to locals

Free on street and off street parking all around

Excellent menu that caters for all diets

Great reputation for coffee - 40Kg's pw
Same family ownership for 18 years

Long lease - 2.5yrs to run + (2x5) year options

Rent 6% of turnover

Experienced long term staff, 2 x F/T, 9 x Casual

The owners wish to see a successful transition to new ownership and believe that due to the established operation of the business and the experienced staff that are in place a 2 week handover period after settlement will be sufficient. A longer period may be available following discussions.

This is an established, well known and popular business operating in a busy and successful location. Maintaining the current standards of food, coffee and service should see continued successful operation for a new owner(s).

The business is for sale for $358,000+SAV which includes Goodwill, all Plant and Equipment + fixtures and fittings.


Property Code: 1053
Contact Seller
Xcllusive Business Sales

Bsale ID: 594601
Broker REF: xcllusive_49_499

Xcllusive Business Sales Pty Ltd