St George Area Café – $23k/week, 25kg/coffee, low rent, MUST BE SOLD!!!

Description

The price of this business is now drastically reduced – the Vendor, after 7 years, says sell in the coming weeks! Make an offer! You may be pleasantly surprised!

This South Sydney business has been successfully operating for 7 years – it is time for the owners to pass on their success! Training can be provided. This is a well-positioned business with minimal competition and has an impressive 12m street frontage with parking at the doorstep.

The location has high vehicular passing trade from the industrial estate facing the business as well as a constant stream of local residents. The local schools also bring additional customers as does the proximity to the local sporting fields that are well frequented during Saturday and Sunday kids sports.

The café serves a unique offering of breakfast and lunch – mostly in the form of toasties, burgers and wraps. It also has a small dessert offering plus the regular coffee, tea, smoothies, shakes and frappes.

It boasts an impressive turnover of $23k per week with 25kg of coffee served. Open 7 days a week and closed on Public Holidays. The business is also closed for around 3 weeks during the Xmas period. The lease has 8 years remaining including the option and the rent is $1,100 plus GST per week. Full commercial kitchen with coolroom and two car spaces and a separate storage area included.

The opportunity here is to capitalise on the location and the existing customer base. Revitalise the signage and branding to give a real presence to the business and increase awareness to the passing trade. Extend the menu to provide Catering to the Corporate neighbourhood situated directly opposite the café. Introduce further cafe offerings to align the business further with a standard café and also add additional products (gelato, juices, sandwiches). Opportunity for further night operation as well. Possible liquor license. Training is available!

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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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