Sold

Sydney NSW

Well-known Eastern Suburbs café

$149,000 plus Stock

Description

A well-established café in Sydney’s eastern suburbs is seeking a new operator!

Trading for over a decade, the café is located near a popular beach and a public school, providing prime exposure on a main road, with a large glass frontage and both indoor and outdoor seating.

It serves freshly prepared breakfast and lunch, with coffee sales averaging 26 kg per week, using beans from a renowned Melbourne roaster. Its proximity to a school ensures consistent weekday trade, in addition to busy weekends.

Time Out Sydney previously awarded the café Best Café in Sydney, and its turnover once reached $30,000 per week. With a present owner and a dedicated front-of-house team, it has everything in place to reach those heights again.

The café’s proximity to Queens Park and Centennial Park, along with its comfortable, mural-adorned interiors, ensures a lively yet relaxed vibe. Consistently positive reviews praise the food quality, friendly staff, and the café’s ability to maintain high standards even during busy periods. It is particularly popular for brunch and is regarded as one of the best in the Eastern Suburbs.

Unfortunately, the current owner is stepping down for health reasons, presenting an opportunity for an experienced operator to restore the café’s strong local reputation.

The café is an asset sale only, with a car space included in the lease.

Key Features:
* Prime main road location with excellent visibility
* Close to a public school and popular beach
* Large glass frontage, indoor and outdoor dining
* 26 kg of coffee sold weekly- Roasting Warehouse Specialty Coffee
* Car space included
* Previously awarded Best Café by Time Out Sydney

Staff No

Monday to Thursday - 1 kitchen staff/2 floor staff Friday to Sunday - 2 kitchen staff / 2-3 floor staff

Lease Info

Shop 1-Commenced 1/2/2022-31/1//2032 Shop 2-Commenced 1/2/2022-31/2/2027

Trading Times

Monday to Friday | 7am – 2pm Saturday and Sunday | 8 am – 2 pm

Opportunity

It presents an opportunity for a motivated owner to revive the glory days of the café by being present with a strong front-of-house crew!

Weekly Sales & Turnover

Coffee Sales Per (Kg)

26kg-Roasting Warehouse Specialty Coffee

Turnover (inc GST)

$14,000

Rent

$2,850

Reference No: MGRUB0525

Business Listed by

Marc Gehret

Hospitality Consultant and Licensed Business Broker (NSW) @ GSE Hospitality Brokers

I have over thirty years of experience in the hospitality industry, I started as an apprentice chef in 1993 in Switzerland.

My career has taken me across Europe and Australia and allowed me to gain knowledge and experience in many areas of the industry. I have supported the successful launch of many venues, including hotels, restaurants, coffee shops, and high-volume food production services.

I have owned, operated, and sold two of my own hospitality businesses in Sydney and I have coached and trained many staff.

My coffee shop in Crows Nest on the North Shore of Sydney gave me a great insight into operating and managing an Australian business as well as a solid understanding the good and bad from the owner’s perspective.

My second business, The Fit Chef, a meal preparation company that I operated for seven years taught me a lot about how to keep costs under control. As the meals with a business like this are typically sold for considerably less than in a sit-down venue I refined my financial costing and COGs management skills.

My varied experience has shown me that adjusting to each individual business is crucial, I fully appreciate that each client’s needs are different.

Working in the hospitality industry has enabled me to develop my customer service skills, I pride myself on having a positive and professional approach with everything that I do.

My focus has always been on helping people achieve their goals. I am pleased to now have the opportunity to support the industry from a new perspective with GSE. My goal is to help my clients, whether they are selling or buying to make the process as easy as possible.

Request more Information about this business

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I understand and agree to the GSE Confidentiality Agreement and Marketing Policy*
The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

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