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Iconic Central Coast Cafe For Sale $358,000+SAV

Listing Id : 238156

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 358,000

Business description

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.

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