Cafe In Northern Beaches For Sale

Business description

Café / restaurant $325,000 plus SAV

T/o $1.4ml per annum or approx. $27,000 average weekly sales
RENT $1500 p/w plus outgoings
Long established with same owners since 2003
Good management in place owner works part time 3 days a week
Steady trade all year with excellent fascilities if conditions are wet, plenty of inside seating options
Coffee sales of 35 kilos p/w approx.
Profit approx. $ 250,000 average over the last three years
Excellent procedures in place
Seating for 50 plus inside and out
Full kitchen with open plan design

Full financials available.
For more information please contact Peter Golding thank you.

Property information

Real Estate:

Lease

Location:

Brilliant location in the Upper Northern Beaches ( near Mona vale say 5mins )

Premises details:

Good location with inside and outside seating. Part of strip shops ( no major shopping centre )
The premises are very nice with a kitchen at the rear seating in and out.

Size in square feet:

160s q m

Business Operation

Expansion potential:

Yes the owners have other ideas maybe removing the Deli counter for extra seating. When summer comes these businesses are packed

Competition / Market:

There are many other cafes around the area but this is well established and has other strings to its bow! it is acafe , a restaurant only 3 nights a week, a gourmet foods deli style operation and also a well known cooking Master chef style school.

Reasons for selling:

Owners after seven years are ready to sell and travel.