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Popular Cafe & Dessert Bar. North Strathfield, Sydney. For Sale

New South Wales
Asking Price:
$308,000 (AUD)
Sales Revenue:
$637,000 (AUD)
Cash Flow:
$182,000 (AUD)

Business Headline : Popular Cafe & Dessert Bar. North Strathfield, Sydney.

Price : $308,000

Category : Food/Hospitality, Cafe/Coffee Shop, Restaurant, Bakery

Key Features:
Beautifully appointed, modern fit-out
Seating for 100, including 30 al-fresco,
Prime location within a thriving upmarket retail, corporate and luxury apartment hub in inner west Sydney
Menu caters for easy bar desserts such as Macaroons, Tarts and Cakes, plus spectacular made-to-order kitchen desserts prepared exclusively by a fulltime Patissiere.
Fine wine, spirits and signature coffee beautifully accompany food offerings.
Generous lease term to August 2025.
Extensive unencumbered equipment list with custom made fixtures and fittings
Currently operating 7 days, 11am-10:30pm weekdays, 11am-10:30pm weekends
Café is fully operational, compliant and expertly set up, with all systems and processes, licenses in place.
Strong social media base and outstanding feedback from online review platforms.
Genuine growth and value-add opportunities with room for further innovation and improvement.
Owner motivated to sell.
Staff will stay with the business.

Potential:
The kitchen could easily support the inclusion of a savoury focused regular cafe menu.
Further increase trading by opening for breakfast.
Opportunity to better utilise outdoor area with lights, awnings etc.
Potential to build on catering clients using brand’s existing reputation and the abundance of nearby corporate offices and development sites.
Potential to run under management through promotion of current staff.
Potential to build on event and venue hire revenue as this is a highly desirable and unique site for large private functions or corporate events / product launches etc.
Large potential to build wholesale brand.
Possible flagship location for future expansion through licencing agreements or franchising.

To receive further information please complete the below registration:
Annual Rent : $97,826 -
Weekly Rent : $1,881

Annual Turnover : $637,000 -
Weekly Turnover : $12,250

Annual Gross Profit : $465,000 -
Weekly Gross Profit : $8,942

Annual Ebit : $182,000 -
Weekly Ebit : $3,500

Premise : Leased

Lease Commencement : Aug 2017

Lease End : Aug 2022

Lease Option:
3 + 3 years

Total Floor Area : 100 Square Metres

Total No of Parking : 2

Franchise : No

Approximate Stock Value : $12,500

Year Established : 2011

Days Trading : 7

Staff :
2 Full Time - 4 Part Time

Staff Salaries : $176,000

Reason for Sale : New business venture

Location : North Strathfield

Business Potential : Franchise, Increasing close proximity population, Wholesale, Events, Stronger Branding Presence

Parking Comments : 2 cars - Patron Parking on Street & behind building in secure parking

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