GE Business Agents Phone : 6129554 **** Ge Agents
02955 ****

Ref: 2380, Licensed Cafe / Restaurant, Eastern Suburbs

Listing Id : 270915

Location : New South Wales - Woollahra

Category : Cafe and Coffee Shop, Restaurant

Asking Price : 459,000

Business description

...FIRE SALE...URGENT SALE... ***Recently Awarded One of the TOP 5 Cafes in Sydney's Eastern Suburbs*** Stunning licensed Café based in Woollahra village. $500K Designer fit out when first opened - as new, nothing to spend. Operates Under Management, with good staff. Coffee sales 35kg a week (very strong food sales). Fully licensed, with alcohol selling well. Operates 7 days for breakfast and lunch, liquor license in place to also trade for dinners. Turnover averages $33,000 a week (huger in summer). UberEats and events increase Turnover to almost $1.7 Mill per annum. Opportunity to make +$280K EBITDA if Owner/Operator, more with dinners. Potential is to open dinners (DA/License in place). A new Yoga studio has opened upstairs. The new Owner/Operator has the potential to bring this great Café making profit $8K. TURNOVER: $33,000 avg PROFIT: $6,900 LEASE: 4 1/2 + 5 Years RENT: $5,500 Including G S T WAGES: $8,000 STAFF: Fully Under Management, 5 Full Time, 5 Casual TRADING: 7 DAYS Please ring**** **** for more information or [email protected] *To view all our listings please visit

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