Inner City Fringe Café – Under Management, 6 days, high exposure

Sold

Sydney NSW

Inner City Fringe Café – Under Management, 6 days, high exposure

Description

This unique inner city/city fringe immaculately presented and profitable café has a solid reputation and is a local destination for residents and businesses. This business is perfectly positioned, with high street exposure, excellent passing traffic and easy, at-the-door parking. This business is well known in the area and beyond and is run under semi management so it is perfectly set up for a continued successful operation.

Operating 6 days a week for breakfast and lunch only, current weekly sales are $6.5k per week (Jul 20-May 21) with a low rent of approximately $850 per week. Currently the business closes on public holidays and during the Christmas/New Year period. Approximately 5 years remaining on the lease with the possibility of a further 3 year option or a completely new lease.

The café has a full commercial kitchen with a grease trap and exhaust system. The indoor dining area has approximately 15 seats, with a further 11 footpath seating places.

The menu has a food offering of café fare, together with a unique twist that is in line with its identity.

A very attractive business with a loyal following, great passing traffic, surrounded by residential towers and business (with more planned on the horizon), this business is sure to appeal to a range of buyers from first timers to experienced operators..

This café operation is run expertly under semi-management but still has room to grow with extending the operating hours. For those that wish to open for dinner, the option is available as is the possibility of obtaining a liquor license. The sales through delivery apps with night operation will increase the turnover. Finally, focus on catering will also bring in extra revenue.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Loading

Staff No

Lease Info

Trading Times

Size of Premises

Opportunity

Weekly Sales & Turnover

Coffee Sales Per (Kg)

Cost of Goods​

Wages

Other​

Net Profit​

Turnover (inc GST)

Gross Profit​

Rent

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.

Request more Information about this business

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form