St George Area Cafe | $15k/week, under management, low rent
Welcome to South Sydney/St George Area!!
This prime location business is under management - it has to be sold and is open to all offers! Priced to sell at $139,000 plus stock.
This is a well-positioned business in the St George area and has a 12m street frontage with parking at the doorstep. Not many opportunities like these come to market regularly.
The location has significant vehicular passing trade from the industrial estate facing the business as well as a constant stream of local residents. The local schools also bring additional customers as does the proximity to the local sporting fields that are well frequented during Saturday and Sunday kids sports.
The cafe serves a unique offering of breakfast and lunch - mostly in the form of toasties, burgers and wraps. It also has the regular coffee, tea, smoothies, shakes and frappes.
It boasts an good turnover of $15k per week with 20kg of coffee served. Open 7 days a week and closed on Public Holidays. The business also closes for around 3 weeks during the Xmas period. The lease has 7 years remaining including the option and the rent is $1,184 plus GST per week. Full commercial kitchen with coolroom and two car spaces and a separate storage area included.
The opportunity here is to capitalise on the location and the existing customer base. Revitalise the signage and branding to give a real presence to the business and increase awareness to the passing trade. Extend the menu to provide Catering to the Corporate neighbourhood situated directly opposite the cafe and introduce further product offerings (cafe style breakfasts, gelato, juices, sandwiches). Opportunity for further night operation as well. Possible liquor license (STCA).
Staff No
The business is run under management by the following:
2 x Casual Barista
1 x Casual Manager/Chef
1 x Casual Chef
2 x Casual FOH
The total operational hours are currently 57 per week
Lease Info
The 5 x 5 year lease commenced September 25, 2022.
With the Option, the lease expires on September 24, 2032
A three month bank guarantee is required.
Trading Times
7 days (Closed Public Holidays)
Mon to Fri 7:00am to 3:00pm
Fri 5:00pm to 8:00pm
Sat to Sun 8:00am to 3:00pm
Size of Premises
Approx. 122m2 internal space - Two Car Spaces, Toilet, full commercial kitchen, garbage room and storage room. Indoor searing for 45. Outdoor/Footpath seating area for 10. Well equipped and presented. Main street position with an approximately 12m exposure.
Opportunity
The opportunity here is to capitalise on the location and the existing customer base. Revitalise the signage and branding to give a real presence to the business and increase awareness to the passing trade. Extend the menu to provide Catering to the Corporate neighbourhood situated directly opposite the cafe and introduce further product offerings (cafe style breakfasts, gelato, juices, sandwiches). Opportunity for further night operation as well. Possible liquor license (STCA)
**Weekly**
Coffee Sales 20kg
Sales $14,798
Rent $1,184
Wages $2,901
Net Profit $1,909
For more details, please email broker or call agents.
