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
- 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
- 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
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
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