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Cafe & Coffee Shop business for sale in Umina Beach

  • Cafe & Coffee Shop
  • Umina Beach NSW 2257
  • $499,000 (GST na)

Central Coast Beachside Low Rent, Under Management, $20k/week

With an unparalleled position close to numerous recreational facilities, schools and within footsteps to popular Umina Beach, this business is without peer in the area. With ample parking nearby, the visibility, exposure and patronage of the Cafe is strong year-round. During the summer months, turnover can double!

This Cafe has been established for many years and has cemented itself as a destination for locals and tourists alike. The Cafe is known for its offering, most of which is made in-house in the well equipped kitchen. This creates a significant point of difference for this cafe. It is a Multi Award Winning Cafe in the Central Coast and Peninsula region for many years.

Operating 7 days a week for breakfast and lunch, the business has endured the lockdown and has regained easily it's pre-Covid sales levels. With access to outdoor seating, it is the perfect (and only) cafe able to cater for the users of the Council's parks and recreation facilities. It has a full commercial kitchen, is licensed and has plenty of storage space. It also has a solar panel system that reduces the electricity costs significantly. Finally, its low rent of $635 plus GST per week (at less than 3% of turnover) makes this cafe a very attractive proposition. It is run under complete management.

But there is more! The added bonus to this business is the separate and extremely under-utilised restaurant/function centre facility that is included as part of the very favourable lease. With a separate entrance to the Cafe and easy access to the common kitchen, this 100+ seat space is ready for an experienced and enthusiastic operator to create another income stream as a restaurant and/or function centre and reap the financial rewards. Fully licensed, with its own toilets, bar area and air conditioning this business within a business is all set-up and ready to go.

Competitively priced and with a highly motivated vendor looking at taking a break after 20 years in the industry, this business will not be on the market long.

Perfect business with state-of-the-art equipment and finishes to trade as is and to capitalise on the successful operation by the previous owner. Further profitability can be obtained from the reduction in the cost of goods. Opportunity to focus on the restaurant/function centre and to offer dinner/take-away/delivery app service during the day and nights.

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

Staff No
The business is currently run under management with 1 full-time Chef, 1 Casual Cook, 1 Casual and 1 Part-Time server and 1 casual allrounder.

Lease Info
A new 5 year lease commenced on July 1, 2021. Current Rental $2804.96 per month including GST Annual CPI increases. No rental bond

Trading Times
7 days a week; Monday to Sunday 7am to 4pm No restrictions for night trade (within liquor licence)

Size of Premises
Approx. 326 square metres lettable area in total. The Cafe is approximately 50sqm and the restaurant approximately 215sqm (shared kitchen is approximately 70sqm). Full commercial kitchen with exhaust and grease trap. Licenced Restaurant/Function Room of 100+ seats with its own bar area, toilets and outdoor on-premise seating area (20 seats). Cafe outdoor seating access of 30+.

Opportunity
Perfect business with state-of-the-art equipment and finishes to trade as is and to capitalise on the successful operation by the previous owner. Further profitability can be obtained from the reduction in the cost of goods. Opportunity to focus on the restaurant/function centre and to offer dinner/take-away/delivery app service during the day and nights.

**Weekly**
Turnover (inc GST) $20,457.59
Rent $635.00
Wages $5,019.21
Net Profit $4,704.08

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Business Highlights

Business ID2017442863
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Last updated  24 Nov 2021
Map for Umina Beach NSW 2257
Map for Umina Beach NSW 2257Umina Beach NSW 2257
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Business Highlights

Business ID2017442863
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  24 Nov 2021
GSE Business Consultants
Level 32/101 Miller St North Sydney NSW 2060
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GSE Business Consultants
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0412 156 042
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