Ultimo Licensed Café, Bar & Catering – Under Management, $32k/week, 5 days, 10% turnover rent


Situated in a unique and recognisable building in Ultimo, this large profitable café, bar and catering business is offered for sale. Fully managed with an impressive turnover of $32k per week (Jul-Dec23) for a 5 day operation (closed Saturday and Sunday). And with the lease agreement being based on 10% of turnover means that when the business closes at the weekend or for holidays (3 weeks at Christmas, Easter etc) there is no rent to pay! Additionally, there are NO annual rent increases!

It has a full commercial kitchen and a good mix of indoor and outdoor seating. The business is underpinned by regular catering and repeat customer base. The catering side to the business is experiencing high year on year growth.

The business trades just 47 weeks a year and has minimal input from the current owners. Wages presented are for an under-management operation.

A secondary and fully fitted café/kiosk space on the lease with a DA approved seating area presents a great opportunity to grow the sales immediately. Plans are available for the unused outdoor space and include everything that you need to increase the seating and visibility almost overnight.

A very manageable business which keeps wages in line and profits healthy. An experienced owner operator will obtain a strong return on their investment.
The opportunities are simple – continue and expand the catering; utilise the approved secondary kiosk space; improve on the current operation! Perfect for an experienced operator who wants a solid cash flow. It ticks all the boxes. These businesses do not come around often, so get in touch today.

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


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