Restaurant- Cafe - Restaurant - Shopping centre location - Upper North Shore-Sales $75,000 p.w - FN1309
Restaurant- Cafe - Upper North Shore - Agent SBX Code Number: FN1309
Fully licensed cafe and restaurant serving a wide range of dishes for breakfast, lunch, and dinner. Popular menu items include salted caramel French toast, dry-aged Wagyu steaks, vibrant Asian fusion cuisine, Margherita pizza, pork ribs, Aussie Wagyu beef burgers with chips, seafood marinara spaghettini, olive pasta, and more. - The business averages coffee sales of 55kgs. per week, and offers 56 indoor seats and 40 outdoor seats. Liquor license valid until 1130 p.m.. State-of-the-art modern fit-out with no further investment required. - Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydneys best-performing cafe/restaurants
Potential
Ideal for an experienced owner-operator looking to improve profit margins-Opportunity to expand catering services-Potential to boost sales through local marketing and a stronger social media presence
Features
Prime location with high foot traffic- Wide selection of popular Australian and Asian fusion dishes- Stylish and modern fit-out in excellent condition- Strong online reviews and loyal customer base.Turnkey operation - nothing more to spend
Premises
Spacious and beautifully designed cafe / restaurant with 340 sqm of total space with fully equipped kitchen, large dining area, and outdoor seating area
Location
Premium position at the outside entrance of a major shopping centre in Sydneys Upper North Shore having excellent visibility, signage exposure, and easy customer access
Trading Hours
7 days - Monday to Sunday 700 am to 930 pm.
Lease
9 year lease commenced March 2019 - 4-month bond - 4% annual rent increases (CPI linked)
Employees
Under full Management - 12 full timers + 5 part timers + 6 casuals.
Comments
Operates under a licensed brand name (3 venues in Sydney under the same branding)- Coffee machine, milk fridge, and drink fridge are owned by the coffee supplier, pizza fireplace is owned by the business- Rent includes outgoings and marketing fees- Sales are steadily growing-Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydneys best-performing cafe/restaurants
Figures
Weekly Sales $75000
Rent (ex GST) $5190
Wages $18350
Profit $27000
Agent SBX Code Number: FN1309 - SBX Business Brokers
For more details, please email broker or call agents.
