Sold business 3463778
Ref: 3173, Lobby Cafe, CBD
Business NO.:
3463778
Status:
Active
Price:
$650,000
Plus SAV:
Yes
Updated on:
13/05/2026
Business Features:
Small Business
Is independently run, locally based, and offers the flexibility to do business the way you want.

Ref: 3173, Lobby Cafe, CBD

Cafe/Coffee Shop | Business for Sale | North Sydney

Positioned in one of North Sydney's most sought-after commercial buildings, this is a rare opportunity to secure a dual-concept café & restaurant within the same building, capturing maximum foot traffic while eliminating direct competition.

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Key Financials

  • Asking Price: $650,000
  • Turnover: $33,000-$35,000 per week
  • Net Profit: $6,000 – $7,000 per week
  • COGS: ~30%
  • Wages: $10,500 per week

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    Lease Details

  • Espresso Bar Rent weekly : $1,765 + GST
  • Restaurant Rent weekly : $4,950 + GST

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    Business Highlights

  • Two venues in one building – espresso bar + full-service restaurant
  • Located in a premium North Sydney buildingnear the new Metro
  • Positioned in a rapidly growing commercial hub
  • Recently upgraded, high-end fit-out – no further capital required
  • Includes full commercial kitchen & large cool room
  • Fully licensed venue
  • Strong coffee sales: 70kg+ per week

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    Growth Potential

  • Currently trading Monday to Friday, 7:00am – 4:00pm only
  • Significant upside through:

    • o Afternoon / evening dining & drinks (happy hour)

    o Weekend trading

    o Corporate catering & events

  • Ideal for a hands-on operator ready to scale the business

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    Location Advantage

  • Situated in one of North Sydney's best buildings
  • Previous vacancy due to major tenant (Vodafone) departure
  • Strong future upside with Pepsi Head Office secured to move in
  • High foot traffic set to increase as occupancy returns

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    Exceptional Value

    Replacement cost for a setup of this quality would exceed $1 million – walk in and operate immediately.

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    Reason for Sale

    Owner unable to dedicate time due to multiple business commitments.

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    Rare opportunity in a tightly held North Sydney location.

    Experienced operators only – enquire now.

    TURNOVER: $33,000 - $34,000

    PROFIT: $6,000 - $7,000

    LEASE: 2 Years + 5 Year Option

    RENT: $6,715 + GST

    WAGES: $10,500

    STAFF: 2 Full Time, 8 Casual

    TRADING: Monday - Friday 7.00am - 4.00pm

    For more details, please email broker or call agents.

    GE Real Estate & Business Agents - Kingsgrove
    308A Kingsgrove Road, Kingsgrove, NSW 2208
    Ge Agents