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Successful Cafe - Espresso Bar With Liquor Licence For Sale

Sydney City Fringe, New South Wales
Asking Price:
$88,000 (AUD)
Sales Revenue:
$442,000 (AUD)
Cash Flow:
Not applicable

Selling 27 kgs. coffee p.w.

Full breakfast and simple lunch menu including sandwiches, drinks and cakes.

16 seats inside - 48 seats in the private covered courtyard.

Supplying catering to the building and surrounding local businesses.

Close to Central Train Station and the Sydney Police Headquarters.

Full financials available: All BAS’s & Tax returns lodged showing real and tangible profits.

Business makes money every single week.

Over 300 staff in the building - mostly successful lawyers and accountants.

Operates 5 days a week – approved for 7 days (Saturday breakfasts would be a massive hit if you want to do it)

Comes with a liquor license that we have not utilised yet. Your profit should* literally double once you start selling beer and wine. Approval is till 10:00 PM. (*opinion only)

Our coffee is amazing (our own blend) and our menu is simple and hassle free to prepare.

Rent is cheap and running costs very reasonable with great staff.

The business is growing literally every single week - and this is without any marketing. We have done zero marketing.

The sale is genuinely a reluctant sale due to personal reasons.

Because we are selling an on going concern to avoid any unnecessary distractions with our regular clientele, we are keeping the name and address confidential until we have a chat first.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

1,5 years plus 3 year option. Landlord is a top person, they will happily extend the lease no problem.

Leasehold Rent:

$47684 incl outs and GST per annum

Location:

Sydney City Fringe - Close to The Sydney Police Center & Central Station.

Premises Details:

In a 12 story commercial building surrounded by high rise residential.

Planning Consent:

Has formal approval to trade as a food premises and has a liquor license.

Business Operation

Expansion Potential:

Loads! We have done no marketing whatsoever. There are so many buildings around us that we should have marketed our catering to but just haven't got around to it. We do not have a Facebook or Instagram presence. Our courtyard area is very popular and would be even more with a revamp. Lastly and probably the most important, you can genuinely have a big spike in your takings if you sell alcohol. Everyone keeps asking us when are we going to start but we haven't. Our building is full of professionals, lawyers, barristers etc.

Competition / Market:

Ummm we have put two of our competitors out of business - not sure if I can say that? Our barista is amazing and the food and service is pretty good.

Reasons for selling:

Genuine family reasons.

Trading hours:

6:00 am to 4:00 pm Monday to Friday.

Employees:
Owner plus 1 barista and 1 part time assistant.
Years established:
The coffee shop has been there for over 10 years, we have had it for 1.5 years.

Other Information

Support & training:

Willing to help no problem.

Furniture / Fixtures value:
$40,000 (AUD)
Inventory / Stock value:
$2,000 (AUD)
Related Documents:

Contact Information

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