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

04158 ****

Waterfront Café on The Northern Beaches

Listing Id : 272444

Location : New South Wales - Mona Vale -North Coast

Category : Cafe and Coffee Shop

Asking Price : 97,000 + SAV

Business description

This well known Café on The Northern Beaches has been established for more than 40 years and has been with the current owners since 20**** **** . There are 57 seats under cover and 18 inside the café as well as 70 outdoor seats.
The cafe serves breakfasts, a range of seafood, burgers, steaks and desserts. The premises is fully licensed and also has a wide range of cold drinks such as milkshakes, frappes and smoothies.
The cafe has DA approval for a bar, with all engineering, building and environmental certification in place for development. The space allocated for this area is currently not being used and represents a huge opportunity for the new owners.
In addition to the unused bar space the business also has another unused area which could be sub let as an office.
Due to family circumstances the current owners are no longer able to work in the business, this has resulted in the opening hours having to be shortened.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Staff No 
5 Staff in total including a chef, a kitchenhand, 2 baristas, and waitstaff
Lease Info 
The 2x3 year option lease commenced in October 2018. - CPI. increases 
Trading Times 
Mon – Sun 8:00 am to 10:00pm
Size of Premises 
Full commercial kitchen, inside dining area, gutted blank canvas (approved) bar area. Outdoor seating area.
The food cost percentage and wages are currently higher than they should be, an experienced operator could reduce both and greatly improve profits.
Open in the evenings and utilise the bar license and unused space.
Sublet the unused front section of the building as an office.
Note to buyers 
This business is being sold by the owner with our support from GSE through our Six Steps to Sale Program this means that you will be dealing directly with the seller.
GSE will send out information about the business for you and if you wish to view the business this will be arranged directly with the seller.

Turnover (inc GST) $9,367.00
Wages $2,617.00
Net Profit $595.45

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