This established café is situated steps away from Sydney Harbour and just north of the Harbour bridge. A café destination for the locals and visitors to the area, this café has minimal competition and boasts a strong customer base, online presence and following. A perfectly positioned café – great views, local destination, consistent trade all year round. A great starter business or an ideal second location for an existing operation.
For the financial year 21/22, sales averaged $9k per week. A new 7.5 year lease (to June 2030) will be provided to the purchaser with some changes in terms or alternatively just over 3 years remaining on the current lease with a rent of $608 per week (8% of turnover) and NO outgoings or electricity or water expenses. Competition, as mentioned, is very limited with location being the key.
Additionally, the overall sales are consistent every week and not affected by holidays or office worker peak periods. A mixture of commercial, residential and visitors make up the customer base.
The café is known for its quiches, sausage rolls, sandwiches, salad specials and a fresh seasonal menu as well as the best coffee. The menu is changed frequently and the sandwiches and in-house baked goods can be enjoyed from within the cafe. Light cooking facilities only.
The opportunity here is to capitalise on the solid customer base and with an invigorated approach seek out further market opportunities, including delivery and 7-day trade as well as enhancing catering. Footpath seating will enhance the visibility and presence of the café. Possible night trading as well as capturing New Year’s Eve and Australia Day fireworks celebrations and Public Holiday trade. With an existing future cashflow already captured, a new owner has the luxury to work on the business expansion whilst being profitable at the same time.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**