Glebe Café – high foot traffic, new lease, full kitchen, staff in place



This very well known and centrally located café in the popular Inner West suburb of Glebe is offered for sale, boasting a prominent position with enormous street appeal, high foot traffic and a name synonymous with Glebe.

The Vendor, due to personal circumstances, has reluctantly decided to pass on this fantastic opportunity to someone new. Some renovations have recently been completed, staff are in place and the sales are increasing! All the hard work has been done to resurrect this iconic café to its rightful place in the Glebe café scene.

With the return of students to nearby universities and the resurgence of the Glebe Point Road precinct, the time is right for an experienced and astute operator to take the business back to its high sales levels. Average weekly turnover in FY21 was $24.6k/week, despite capacity and other Covid restrictions. Prior to Covid, sales were around $35k/week.

There is footpath seating for around 16 patrons plus around 51 indoor seats. On the lease are also 5 separate apartments which currently bring in a rental of $1,120 per week.

The opportunity is to hit the ground running, capitalise on the good name of the business and catapult this iconic café above and beyond its past glory. Recently updated and with a strong team of staff. The good rent and long lease tick all the remaining boxes for a great business acquisition! Extend the operating hours to previous levels, including nights, to increase the sales. Liquor license possible (STCA). Ramp up the delivery/take-away business.

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


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