North West Sydney Cafe $13K p/w Turnover Low Rent
Established North West Sydney Cafe $13K p/w Turnover, Low Rent
1SELL Listing ID: 1AU0305
Price: $149,000 + Stock
Key Highlights of the Business:
Newly established cafe for sale with liquor license in North-West Sydney.
Low rent approx. $5,000 per month.
Brand new fit-out, worth approx. $200,000.
Brand new equipment worth approx. $80,000.
Currently selling 20 kgs of coffee per week.
4.9 star Google rating
Financials:
Annual Revenue: Approximately $676,000
Annual Net Profit: Approximately $104,000
Weekly Financials:
Weekly Revenue: Approximately $13,000
Weekly Net Profit: Approximately $2,000
Lease Agreement:
Current lease agreement valid until 2029.
Annual Rent: $59,000 + GST
This cafe is located in an upper-class community that strongly supports local businesses. Located near established residential and community facilities, the cafe enjoys a steady stream of regular and new customers. With its versatile set-up, the business can easily expand trading hours to offer breakfast through to dinner, and the existing liquor license provides further opportunities to introduce evening trade.
As a newly established cafe, sales are still on a rise. The business is currently achieving $13,000 per week, with turnover expected to continue growing in the coming months. Furthermore, by introducing evening or night trade, a new owner could generate additional revenue and further maximise the cafes potential.
Detailed financial and lease information will be made available to qualified buyers upon the completion of a confidentiality agreement and a successful personal interview.
Cost to acquire this business:
Price: $149,000
Stock: approx. 10,000
Rental bond: approx. $15,000
Disclaimer:
E&OE: Errors & Omissions Excepted.
Photos in this listing may be stock images for illustration purposes only and not images of the actual business or property for sale.
Business-for-sale details are confidential and only available on acceptance of the Confidentiality Deed.
The Purchaser is entirely responsible for their own due diligence and is not to rely on statements or warranties made by the vendor or anyone else on their behalf.
For more details, please email broker or call agents.
