MAKE AN OFFER – Glebe Café – Under Management, low rent, 6 days, licensed
$59,000 plus stock
Description
Opportunity to acquire a great Inner West café/espresso bar at a fraction of the fitout cost.
This licensed café is located on a prominent road in Glebe. Well known in the area with the locals, this Inner West café location is ready for an enthusiastic operator to continue the successful operation that it currently enjoys.
The café has seating for 30 inside and additional outdoor seating for 10. A small storage area is also included. It is licensed and has no restrictions on trading hours or days (within Liquor License and Council stipulations).
It is currently being run under management with the owner focused on other ventures.
The opportunity here is to extend the trading hours to include nights and Sunday trading. Focus on catering in the area and marketing the business to attract even more customers and increase the projected sales. This is an ideal location for a first business or family business – set up and ready to go!
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Members only
Staff No
The business currently operates with the following staff: 2 x Cook Casual 1 x Owner Casual 1 x Barista Casual 1 x Barista 2 Casual POSITION TYPE AVGE $/HR HOURS PAY Owner/Manager Casual $ 29.00 30 $ 870.00 Barista Casual $ 27.00 42 $ 1,134.00 Cook Casual $ 35.00 30 $ 1,050.00 Cook Casual $ 42.00 6 $ 252.00 TOTAL Owner/Operator $ 28.92 78 $ 2,256.00 TOTAL Under Management $ 30.61 108 $ 3,306.00 Total of 42 business operational hours per week and is run under management
Lease Info
The Lease commenced on July 25, 2021 and expires on July 24, 2024 A 3 year option is available. taking the lease to July 24, 2027 A further option is possible upon application CPI rental increases annually CPI increase at the option
Trading Times
6 days 7am to 2:00pm Monday to Saturday Able to trade 7 days/nights 42 operational hours in total per week
Size of Premises
The business is in good condition and occupies approximately 100m2 with seating capacity of 30 inside and 10 outside on the front decking.
Opportunity
The opportunity here is to extend the trading hours to include nights and Sunday trading. Focus on catering in the area and marketing the business to attract even more customers and increase the projected sales. This is an ideal location for a first business or family business – set up and ready to go!