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Gosford Cafe – Huge price reduction, $16k/week, low rent, make an offer!

Description

The Vendor wants out by January – make an offer for this profitable business listed well below market value.

This Gosford Cafe on the Central Coast is perfectly positioned, with a high volume of passing traffic, easy on-site parking and is street front located. This cafe is well known in the area, has successfully endured lockdowns and is perfectly set up for a continued successful operation.

Fully licensed with an ambience that draws customers in. Coffee sales are at 20kg+ per week. FY 20/21 weekly sales averaged $16.2 per week, with recent lockdown sales averaging just over $14k (with less hours and less labour costs)and post lockdown sales of $16k+. A very low rent of approximately $700 per week, with low outgoings and 9 years remaining on the lease make this a desirable business. Ample on-site parking.

The cafe has a functional kitchen with a grease trap. The cafe has a total of approximately 50 seats. The business operates 7 days a week from 8am to 2pm for breakfast and lunch only.

The menu serves all day breakfasts, burgers, toasties and salads, accompanied by smoothies, juices and milkshakes. Fully licensed with a good selection of beers, wines and spirits.

An attractive business with a loyal following and with the low rent and high turnover, this business is sure to appeal to many. Realistic Vendor.

Established business with further potential, particularly in the functions area as well as catering requests. Cafe and restaurant operation also has room to grow with extending the operating hours for the Cafe and re-opening nights for the Restaurant. Further sales may be obtained by opening on Public Holidays and during the Christmas Period. Inclusion of Delivery Apps will also assist in sales growth.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

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Business Listed by

tas-dasios-800x800

Licensed Real Estate Agent and Business Broker in NSW @ GSE Hospitality Brokers

Take-aways, restaurants and later cafes and car wash cafes have been an integral part of my life since childhood. I learnt the trades of hand cut chips, filleting fish, making burgers, being a barista, being a waiter, being a cook and on top of all that, producing quality and providing excellent customer service. The initial stages were part of the family business, but later became a choice to support my studies or a change of direction in life.

I had various corporate jobs and landed in a regional role in a large coffee franchise. Here I supported franchisees to effectively (and efficiently) run their businesses from reducing cost of goods and wages, marketing their business both from behind the counter and through local area marketing, sampling activities and providing robust business plans. If you fail to plan, you plan to fail was the motto.Though the process, we were able to understand in detail the business and were subsequently able to make the right decisions for the future direction of the business – whether to continue and increase sales and profit, realise that the full potential of the business has been achieved or accept that the business trajectory is not where it needs to be and therefore create an exit plan.

After a while I decided that I could provide this service to a lot of businesses and industries and got my broker’s licence and started servicing NSW in consulting and selling. I co-authored a book titled ‘Show You the Money’, a business KPI handbook given to prospective and current business owners when engaging the consulting services to assist and guide them through their business decisions. Selling at the right price and time was proving to be the decision most business owners were asking for – and I was only too happy to help! After a few years, I was asked to be involved in a start-up and since then I have been involved in five start-ups, but the passion for hospitality remained.

I believe relationships are the cornerstone of any business and creating the open communication channels and informing the vendor and the buyer of the progress of their venture is paramount. Couple this with the vast experience that I bring, I am able to effectively communicate with both parties with authority and insightfulness. I look forward to sharing your business thoughts and plans and obtaining the best possible results for your business.

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