Local Northern Beaches Cafe – Strong Potential For Growth

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Sydney NSW

Local Northern Beaches Cafe – Strong Potential For Growth

Description

Located along Sydney’s iconic Northern Beaches, this successful Cafe has been established for over 30 years.

Situated in the heart of a large residential area within a small parade of shops and just a short walk from the local primary school, grocery stores and bus stops there is no shortage of passing trade throughout the day with strong support from residents, tradies, tourists and local business workers.

The premises are spacious and open plan with a capacity for 40 customers inside and an additional 14 outside. There is plenty of on street parking available. The food prep area is organised, fully stocked and all equipment is well maintained and in excellent working order.

The menu is varied yet simple to produce with a good range of breakfast dishes plus handcrafted food items including burgers, bacon and egg rolls, wraps and toasties. Coffee sales average around 28kgs per week.

Currently trading 7 days per week, Monday to Friday 6am to 4pm and weekends 7am to 2pm, the business employs 6 staff in total, all of which are casual.

In place is a 5×5 year lease with 3 years remaining and option to renew for 5 more years.

There is huge potential for the new buyer to increase turnover significantly by obtaining a liquor license and open for evening trade as the location is perfect and there is strong demand from the surrounding community. In addition, an extra revenue line could be introduced by teaming up with delivery partners as there are currently no contracts in place.

If you are looking for a well-established business with room for growth then this could be the one for you.

**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

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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