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

04158 ****

Iconic Inner West Café

Listing Id : 276692

Location : New South Wales - Inner West -Sydney

Category : Cafe and Coffee Shop

Asking Price : 270,000 +SAV

Business description

This café has established a strong reputation over more than 10 years. It is highly regarded by Inner West locals and visitors and well placed on all social media sites
It’s a warm and welcoming space with eclectic furnishings. There is seating for up to **** **** , both inside and out. Fit out replacement cost would be well in excess of $100,000.
It’s so much more than a coffee shop with average customer sales as high as $25 on peak days. A full commercial kitchen produces high quality meals 8 hours per day, 7 days per week, the bar area produces refreshments of the highest quality.
This business represents a strong opportunity for a new owner operator to take over and continue to trade on the solid reputation that the business has built.
Even without increasing sales simply reducing the current labour and food costs would generate significantly higher profits and increase the overall business value.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Reason For Sale
The current owner is at retirement age and ready to move on to the next phase of his life.
Staff No
There are 20 casual staff across the kitchen, bar and wait areas.
Lease Info
3 years remain on the current term with a further 3 x 5 year options available
This café would benefit from a liquor licence. The quality of meals would be well matched with a select range of wines.
Both food and wage costs are a little high. There is opportunity to trim both.
There is significant opportunity to add sales of retail products.
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.
Coffee Sales Per (Kg) 40
Wages $10,135.00
Rent $1,800.00
Net Profit $2,473.00

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