Sydney CBD Pure Espresso Bar – 50kg per week

  • $149,000 plus SAV

Description

This CBD Espresso bar is situated in a picturesque CBD location, surrounded by multiple high-rise office buildings and well known for its coffee – the queues of customers in the mornings are a testament to that.

A new 5 year lease will be offered to the successful purchaser, with the possibility of either an extension of the current lease with a 5 year option added or a new lease with a 5 year plus 5 year option, dependent upon the qualifications of the purchaser and approval of the landlord.

With a high volume of passing foot traffic, proximity to a bustling tourist precinct and loyal clientele, this café has all the ingredients for a successful operation in its current format or is ready to be transformed with imagination the only limit. As a bonus for a CBD Espresso Bar, this business has exclusive outdoor seating for 20 customers in what can only be described as an oasis in the CBD.

The café currently trades five days a week, serving coffees, pre-prepared baked goods, light breakfast and light lunch (7am – 3pm Mon-Fri). It has a state-of-the-art Espresso bar fitout that includes a Juggler Milk System (8 crate/80L) as well as 2 Modbar Steam taps with 2 Mythos and 1 Ek43 grinder that enables an easy, quick and efficient operation for the 50kg/week coffee usage. It has the customer base, it just need to capitalise on the transaction value of each of those customers, particularly during the lunch and afternoon trade.

Currently run under management, this is a perfect CBD business for an experienced and enthusiastic operator. with enormous potential to expand the offering, presentation and hours of operation and create a new CBD meeting destination for the office workers.

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

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Opportunity

  • Operate beyond current opening hours and days. Apply for Liquor licence.  Expand food offering and lunchtime/afternoon trade. Provide greater street presence, branding and lighting.

Weekly Sales & Turnover

Coffee Sales Per (Kg)

  • 50

Cost of Goods​

  • $3,847.13

Wages

  • $3,665.16

Other​

  • $43.31

Net Profit​

  • $1,378.53

Turnover (inc GST)

  • $13,120.11

Gross Profit​

  • $8,080.24

Rent

  • $2,210.93

Total Expenses

  • $6,701.71
  • Reference No: TDJC1000

Business Listed by

tas-dasios-800x800

Tas Dasios

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.
Call Tas on 0412 156 042

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