Inner North Espresso Bar/Cafe | Run Under Management | Low overheads

Description

This smart and easy to operate cafe is priced competitively and will suit anybody looking to enter the world of business ownership in an affordable and relatively low risk opportunity.

Here are some of the key attributes for this exciting opportunity;

  • Organised and Profitable. This café is run as part of a group by highly experienced operators who keep a close eye on the bottom line and based on last years performance the business will generate in the area of $2400 per week to an owner operator.
  • Easy to run. With low overheads and a simple menu with only light cooking this business is going to be easier to manage than a larger operations making it perfect for a first-time buyer. It would also suit somebody with a bakery looking to sell more products in a low-cost model.
  • Great Lifestyle. The business operates a five-and-a-half-day cycle open from Monday to Friday and half a day on Saturdays, meaning that you can enjoy your home life. It also closes over Christmas, Easter and public holidays.
  • Great returns. An owner operator will net in the region of $120k per annum based on current financial performance.
  • Low-Cost Lease. With 6 years left to run there is plenty of time left on the lease and the rent is only 6.5% of the current average weekly sales.

This café has been a part of my client’s portfolio for many years but reasons that will become apparent to those who look more closely it does not align with the business model my client has pursued as other sites and they have decided to sell the business to focus on their core strategy.

The cafe has its own branding, and the business will be relatively easy to transfer to a buyer.

The business will suit a range of buyers from hospitality professionals looking to enter the market in a low-risk business to owners with bakeries looking for low-cost sites to grow their brand and sell more product.

In a fast-moving market this opportunity is likely to get snapped up so if you are keen o find out more, reach out now for an information pack.

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Trading Times

Weekly Sales & Turnover

Net Profit​

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Business Listed by

rob-illsley-800x800

Hospitality Consultant, Licensed Business Broker Canberra ACT @ GSE Hospitality Brokers

Robert Illsley is a licensed Real Estate Agent running the NSW Regional and Canberra office of GSE Business Consultants who specialise in selling food businesses.

I am very passionate about hospitality and have been involved in the industry for much of my working career. I trained as a Fine Dining Restaurant Manager and I have also been involved in the Wine Industry having spent 6 years working for one of th UK’s most well respected merchants.

In 2014 I set up my own specialty coffee shop which I ran for 4 years and I discovered a passion for broking when I came to sell my business. After a couple of bad experiences with brokers I discovered GSE and Paul showed me the right way to sell a business and he helped me to achieve a great price for my café in a reasonable time frame.

I understand that café owners are hard working people and when it comes to selling you want to entrust the sale to somebody who is as passionate about your business as you are.

I believe that selling a business works best in partnership between the broker and the seller and I work hard to gain an intimate knowledge of how your business works and what makes it special and unique and my passion and knowledge for the industry allow me to speak with authority when I am talking to buyers.

It is never too early to develop an exit strategy so if you have been thinking about selling or just want some help to understand what the process will be like when you do, then don’t hesitate to get in touch with me at any time.

Robert Illsley 0415 243 750

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