Cafe – Low Rent – Long Lease

For Sale

·
Sydney City Fringe

Business Code: SD1006

$375,000
+ Estimated Stock (SAV) $7000
Key Features: Competitive and secure lease. Very strong online reputation (4.6 stars o Google, 30K followers on Instagram). Established brand recognition. - Prime Inner City location with strong foot traffic. - Proven catering revenue stream.
State: NSW
Suburb: Darlinghurst
Location: One of Sydney's most vibrant Inner City precincts. The location benefits from strong residential density, nearby office workers, hospitality traffic and proximity to Oxford Street, Taylor Square and major transport links.
Premises: This business has an area of 100 sq. mts. - Fully equipped commercial kitchen and cafe fit-out with stone and marble design, private corporate boardroom for meetings and events, bespoke furniture.

Retiring.

Sale Reason

2022

Established

One on site with lease, plus plenty in surrounding streets.

Parking

6 casuals.

Employees

7 days - Monday to Friday - 7:30 am to 3:00 pm. Weekends: 8:00 am to 3:00 pm.

Trading Hours

Current lease commenced January 2024. - Expires December 2028 + 5 year option. - Bond $12,500. 5% annual increases from Jan. 2029.

Lease

Well established cafe with strong local and online following. The business delivers consistent profits, driven by a fantastic low rent, with a long secure lease, making it an ideal opportunity for an owner-operator or experienced hospitality buyer. The business trades as a licensed cafe, 7 days a week, with a focus on seasonal, fresh and local produce. Dishes are crafted by experienced chefs, 30 kgs. coffee and drinks are made by some of Sydney’s top baristas. 30 seats inside – 20 seats outside.

Features

Competitive and secure lease. Very strong online reputation (4.6 stars o Google, 30K followers on Instagram). Established brand recognition. - Prime Inner City location with strong foot traffic. - Proven catering revenue stream.

Potential

Licensed premises providing flexibility for daytime cafe and evening trade. Opportunity for a new operator to extend hours, expand evening trade, or further develop the brand. Catering capability for corporate and private functions.

Comments

Approximately $100,000 of commercial kitchen equipment, furniture and fittings included.

Misc.-1- Operating expenses

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18000
Cost of Goods
$4500
Gross Profit
$13500
Rent
$961
Wages
$4950
Telephone
$45
Insurance
$42
Electricity
$395
Misc 1
$2200
Total Expenses
$8658
Estimated Stock
(Additional)
$7000
Equipment
(Included)
$100000
Net Profit
$4842
Price
$375,000
+ Estimated Stock (SAV) $7000
Price
$375,000
+ Estimated Stock (SAV) $7000
Contact Us

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