Ryde Area Café & Cakes

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Sydney NSW

Ryde Area Café & Cakes

Description

This café in the Ryde area has an exceptional reputation in providing great café fare of coffee, breakfast, brunch and lunch as well as mouth-watering sweets, cakes and pastries that are all made in-house. Its sales now are at (or higher than) the pre-Covid 19 levels.

The business has a great lease, great rent and the bonus of an unused, fully contained residential unit with a separate entrance. This can be used for functions or additional seating or alternatively leased out to reduce the low rental even further.

Average turnover for May-August is $15,811 per week (27 kg of coffee per week), rent is $1,676 per week ex GST (less an estimated $500 – $600 per week if the upstairs unit is leased out separately) and net profit is $3,292 per week. Wages and cost of goods are well below industry standard which equates to greater profitability.

The café is well established and situated in a prime location and close to transport, with buses at the door and directly opposite the train station exit. The décor provides a rustic vibe whilst the fit-out is perfectly created to showcase the exceptional and mouth-watering bakery products that it produces.

The café has a full commercial kitchen, geared towards baking but equally at home producing the standard café meals and snacks. Equipped with all the requisite items – ovens, benches, cool room, freezer, racks, blast chiller, mixer and dishwasher.

The café has been operating for over 3 years and it currently trades seven days a week serving breakfast, coffee, cakes, lunch, snacks and afternoon delicacies. Trading hours are Mon-Fri 8am to 5pm and Sat-Sun 9:30am-5pm. The indoor seating consists of approximately 35 seats (limited to 25 with social distancing).

The vendor is highly motivated to sell due to personal reasons and allow the new owner to reap the further potential of this business.

Perfect and simple to run business. Option to have training provided for the bakery operation. Low wages due to the simplicity. Currently run with two full time baristas (one being the owner) and two full time chefs with 3 casual allrounders/barista.

Opportunity exists to expand the trading hours and product offering and focus further on the bakery side of the business. Capture the enormous potential and opportunity exists to revise and expand the product offering and market these to the passing traffic (signage and sampling). Training, assistance and guidance for a new entrant to the café marketplace.

Rent can be reduced by around $500-$600 per week by leasing out the fully self-contained second floor unit.

**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

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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