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

Licenced cafe For Sale in South Eastern | Solid Turnover | Under Management |

Listing Id : 260159

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : $890,000

Business description

$ 40K Solid Turnover. Under Management, Licenced Cafe! Rent approximately 6 % of turnover. Long secure lease with 6.5 years remaining. Located in one of the best food precincts in South Eastern Sydney. Surrounded by residential and commercial buildings. Street frontage with very inviting, beautifully designed, undercover outdoor seating. Sleek and warm indoor seating with open design counter area. Top quality fit out throughout with no expense spared. A business that you would be proud to own! The store has the ultimate layout to cater for sit-down or take-away patronage. 1**** **** sqm. Total seating for 91. Full commercial kitchen with coolroom, ventilation, greasetrap, all commercial equipment in excellent condition. Short trading hours, closes at 3.30 pm. This business has huge potential to look into: * Currently only trade until 3.30 pm. There is a high demand for later trading, particularly on weekends. Even a couple more hours on Sat & Sun would easily increase the net profit. * Potential to open later for dinner, a wine or dessert bar would work good in this area. * Increasing their offering for take away options, currently there is no premade lunch offering, the area has large number of office workers that need quick lunch options, such as wraps, etc. There is a refrigerated display for premade/ salad on the front counter that is currently under utilised. * Potential to cater for corporate or private functions, which have high profit margin. * Currently runs under managament, an owner-operator could increase the net profit. DO NOT MISS THIS GREAT BUSINESS THAT ACTUALLY MAKES MONEY FIRST TIME ON THE MARKET. To discuss further: PLEASE CONTACT MIKE ARVYTHIS **** ****

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