Lower North Shore Cafe –30kg coffee, $18k/week, low rent, no outgoings, no guarantors

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Sydney NSW

Lower North Shore Cafe –30kg coffee, $18k/week, low rent, no outgoings, no guarantors

Description

This licensed Lower North Shore/Middle Harbour Café is the only designated café on the main street of the suburb and occupies an unrivalled position in a local setting. The business is nestled amongst complimentary businesses on a small neighbourhood high street shopping village and commands the coffee scene in the area.

The café location has been established for over 8 years and for over three years in its current format (refurbished and rebranded at that time). It currently trades 7 days a week and provides dinners on Friday and Saturday nights. It is fully licensed and is using over 30kg of coffee per week. Approximately 40 internal seats and 32 footpath seats. Great and consistent turnover of $18k per week.

The daytime café menu is what you would expect. The dinner menu (Friday and Saturday) provides a tailored offering for the neighbourhood and surrounds. The café has a fully fitted commercial kitchen with a grease trap, exhaust system and cool room. The dining area is a light, bright space and is very well maintained (complete refurbishment 3 years ago) and the café also has a dedicated outdoor seating area.

A 3 bedroom residence is also included on the lease which is currently tenanted for $850week. Lease (with Option) to 2031 with NO outgoings and NO guarantors.

Easy to operate, this is a perfect business for an investor, owner operator or a family/couple. The upstairs residence is a bonus to either live in or reduce the overall rent by receiving the rental income. Everything is set up for you and the business is trading consistently high. Walk in and reap the benefits that the current owner has set up from day one. Increase the potential by extending the trading hours, particularly the early afternoons and Sunday night. Capture the school sports groups for their weekly catch ups or the school pick ups. Catering and functions are also a source of income. If you have been looking for a very profitable business with high turnover, limited competition and a loyal following, then this is the one.

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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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