Busy Inner West Café/Espresso Bar

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Sydney NSW

Busy Inner West Café/Espresso Bar

Description

This well established Inner West café is a true destination, by far the busiest café in the area. The business is located in a popular location but has a rent of only 6% of net turnover, the lease has 3 years plus two five year options (13 years in total) to run.

Sales are strong and consistent throughout the year, this café has huge following of loyal regulars, coffee sales average of 60kg per week

The café has been operated by the current owners for seven years, during this time they have created a strong team, systems and processes that allow the operation to run smoothly with or with out the owner being present. Current owner involvement is 20-25 hours per week.

The café currently trades seven days serving breakfast and lunch, the location of the café would also be ideal to open in the evenings.

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

 

 

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Lease Info

Trading Times

Size of Premises

Opportunity

Weekly Sales & Turnover

Coffee Sales Per (Kg)

Cost of Goods​

Wages

Other​

Net Profit​

Turnover (inc GST)

Gross Profit​

Rent

Total Expenses

Business Listed by

Paul Leach

Hospitality Consultant, Certified Exit Planning Advisor, Licensed Business Broker in NSW, SA, QLD, VIC @ GSE Hospitality Brokers

I grew up in the food business, my parents owned two very successful restaurants. I have fond memories of working alongside them from a very early age.

All through my school years I knew that I wanted to be a part of the hospitality industry and the day that I started at college could not come quickly enough. I spent three enjoyable years learning my trade and left college to join my parents in their second restaurant.

In 1992 my parents decided that the time was right for them to sell up and I felt it was also the right time for me to go out on my own.

In 1993 I opened my first Cafe called “Hogarth’s” and that is where it all began. Over the following 25 years, I built and sold nine food businesses. I loved every minute (well most of it) and learnt a lot about how the sale process works, I also learned some very valuable lessons.

I love the food industry and wanted to crack double digits and open shop number ten, unfortunately, the two things that I value the most in my life, my marriage and my health probably would not have lasted if I had done that so I called it a day

I always felt that there was a better way to sell cafes and food businesses and that is where the idea for GSE came from. My vision was to build a specialist firm of hospitality brokers that could make the sales process as straightforward as possible for the owners of hospitality businesses in Australia.

I am now using the experience I gained selling my own businesses as well as selling a lot of other people’s businesses to lead the team of very talented brokers at GSE.

I would love the opportunity to show you more about how the approach that GSE take can help you to sell your business for the price that you want and on your terms.

If you are looking for a specialist Hospitality Broker who has walked the walk and fully understands the industry and all of the nuances of the sales process then I would love to hear from you.

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