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7 Days Cafe Restaurant In Residential Neighborhood For Sale

Northern Suburbs Sydney, New South Wales
Asking Price:
$199,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
Available on request

A local favorite comfortably sits at $13,000 sales a week bringing excellent profit

· A long-established business with lots of regulars from the neighborhood over the last decade
· Accompanied with a spacious outdoor seating area, much loved by the locals
· Closing early at 3:30pm, ideal as a family business
· Suitable for an experienced owner operator

Financials:

Sales: ˜$13,000/wk
Earning: ˜$3,000/wk
Rent: ˜$1,600/wk
Wages: ˜$3,500/wk (excluding owner salary)
Utilities: ˜$300/wk

Property Information

Real Estate:

Lease

Lease Terms:

Lease expiry in August 2022 with a lenient landlord and new long lease available

Location:

In a suburb on the Lower North Shore of Sydney, conveniently located at the ground floor of an apartment building with the main road and all community facilities close by

Premises Details:

Approx. 26 sqm outside, and 62 sqm inside with an open kitchen; serving 30 seats indoors and 36 seats alfresco

Business Operation

Trading hours:

7 days a week, Monday-Saturday 6am-3:30pm, Sunday 7am-3:30pm

Employees:
The current owner works 3 days a week with a 6 days full time chef, a 5 days barista and a 5 days waiter

Contact Information

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