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      Food, Beverage & Hospitality business for sale in North Strathfield

      • Food, Beverage & Hospitality
      • North Strathfield NSW 2137
      • $409,000

      Dessert Bar. Well established and profitable business based on exquisite coffee, sublime chocolate and creative desserts - Inner West Sydney

      Business Headline : Dessert Bar. Well established and profitable business based on exquisite coffee, sublime chocolate and creative desserts - Inner West Sydney
      Price : $409,000
      Category : Food/Hospitality, Cafe/Coffee Shop, Restaurant, Bakery
      Key Features:


      • Beautifully appointed, bespoke fit-out

      • Cafe has excellent seating for 100, including 30 al-fresco, placed in prime location within a thriving upmarket retail, corporate and luxury apartment hub in inner west Sydney

      • Menu caters for easy bar desserts such as Macaroons, Tarts and Cakes, plus spectacular made-to-order kitchen desserts prepared exclusively by a fulltime Patissiere. 

      • Fine wine, spirits and signature coffee beautifully accompany food offerings.

      • Generous lease term to August 2025.

      • Extensive unencumbered equipment list with custom made fixtures and fittings

      • Currently operating 7 days, 11am-10:30pm weekdays, 11am-10:30pm weekends

      • Café is fully operational, compliant and expertly set up, with all systems and processes, licenses in place.

      • Strong social media base and outstanding feedback from online review platforms.  

      • Genuine growth and value-add opportunities with room for further innovation and improvement. 

      • All staff except for existing manager will stay with the business 


      Potential:

      • The kitchen could easily support the inclusion of a savoury focused regular cafe menu.

      • Further increase trading by opening for breakfast.

      • Opportunity to better utilise outdoor area with lights, awnings etc.

      • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby corporate offices and development sites.

      • Potential to run under management through promotion of current staff.

      • Potential to build on event and venue hire revenue as this is a highly desirable and unique site for large private functions or corporate events / product launches etc.

      • Large potential to build wholesale brand.

      • Possible flagship location for future expansion through licencing agreements or franchising.


       
      To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3769402#enquire-now Annual Rent : $97,826 -
      Weekly Rent : $1,881
      Annual Turnover : $637,000 -
      Weekly Turnover : $12,250
      Annual Gross Profit : $465,000 -
      Weekly Gross Profit : $8,942
      Annual Ebit : $182,000 -
      Weekly Ebit : $3,500
      Premise : Leased
      Lease Commencement : Aug 2017
      Lease End : Aug 2022
      Lease Option:
      3 + 3 years
      Total Floor Area : 100 Square Metres
      Total No of Parking : 2

      Franchise : No
      Approximate Stock Value : $12,500
      Year Established : 2011
      Days Trading : 7
      Staff :
      2 Full Time - 4 Part Time
      Staff Salaries : $176,000
      Reason for Sale : New business venture
      Location : North Strathfield
      Business Potential : Franchise, Increasing close proximity population, Wholesale, Events, Stronger Branding Presence
      Parking Comments : 2 cars - Patron Parking on Street & behind building in secure parking

      Business Highlights

      Floor Area

      100m²

      Business ID

      2013729616

      Last updated

      26 Jun 2018

      Category

      Food, Beverage & Hospitality, Bakery, Cafe & Coffee Shop, Restaurant

      Map for North Strathfield NSW 2137

      Level 13, 135 King Street Sydney NSW 2000

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