GSE Business Consultants Phone : 1300 52 ****
Paul Leach
04158 ****

04158 ****


Busy North Sydney Café & Restaurant

Listing Id : 229759

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : $195,000 + SAV

Business description

This fully licensed Café & Restaurant is in a prime North Sydney location. The dining area is spread across two floors and there is also an outdoor seating area. There are 85 seats inside and 15 outside.

The space is well laid out for functions and the banquet menus which are priced from $35 are very popular.

The business was completely renovated three years ago and requires nothing to be done, an experienced operator could walk in, take over and take the business to the next level very quickly.

The café has been established in its current format since 2014 and it currently trades seven days serving breakfast, lunch and dinner (9pm during the week and 10pm Friday and Saturday)

This business would be ideal for a partnership or family to run, the input of a hands on owner operator would certainly increase sales. There is also the opportunity to build on the already established function side of the business.

The current labour costs could be reduced by approx $1500 - $200o per week by an owner operator.

Profit shown is under full management.

 

**Please note that for confidentiality the image in this advert is generic and is not of the business advertised**

 

Lease
The current lease has five years remaining, (a new lease is also available if required) – 4% increases – A Three  month bond is required.

 

Staff
The business is currently run under full management.  

 

Trading Hours
Monday to Thursday 7:00 - 15:00 17:30 - 21:00

Friday 7:00 - 22:00

Saturday 7:00 - 22:00

Sunday 7:00 - 21:00

 

Opportunity

This business would be ideal for a partnership or family to run, the input of a hands on owner operator would certainly increase sales. There is also the opportunity to build on the already established function side of the business.

The labour cost could be reduced by approx $1500 - $2000 per week by an owner operator.


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