Network Infinity Phone : (02) 81 **** Mike Arvythis
04 11 ****

Under Semi Management High Profit Cafe. High Turnover. Minimal Competition.

Listing Id : 253321

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : $1,200,000

Business description

Iconic Suburbia Cafe. Minimal competition. Under semi management. Exclusive suburb in St George area, metres from the beach Long secured lease until 2**** **** with CPI increase. Low rent $ 1100 pw (excl. GST) High turnover $ 33 to $ 35 K pw. High volume coffee sales **** **** kgs pw. Excellent net profit. Full commercial kitchen. 2 carspace and storage area. On-premises liquor license. Excellent street exposure, beautiful open plan fitout with indoor and outdoor seatings. Plenty of street parking. This cafe has been a hero of the area with solid trading history. It ticks all the boxes: * High turnover $33 to $ 35 K pw. High coffee sales **** **** kgs pw. * Long secured lease with 12 years remaining. Low rent $ 1100 pw. * Excellent location, excellent street exposure. Minimal competition. * Plenty of potentials to be explored. * Solid trading history, well established. TO DISCUSS FURTHER PLEASE CONTACT MIKE ARVYTHIS **** ****

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