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Food, Beverage & Hospitality business for sale in Darlinghurst

  • Food, Beverage & Hospitality
  • Darlinghurst NSW 2010
  • $195,000 (GST na)

Exceptional Classic Neighbourhood Cafe In Thriving Darlinghurst

Summary

This well established business in Sydney's Darlinghurst is the perfect option for those risk-adverse buyers who want a classic neighbourhood cafe with a proven track record and outstanding reputation.

Revenue
$14,000 pw

Rent
$1,100 pw

Net Profit
$2,500 pw

Potential
Create a catering offering and promote this.

Add a liquor licence and take advantage of the ability to trade until 10PM

Utilise the great reputation of the brand and continue growing the wholesale coffee arm of the business.

Ability to add Uber Eats/Deliveroo which is not currently facilitated

Skills
Best suited to somone with some hospitality or management experience.

Hours
Monday 7 - 3
Tuesday 7 - 3
Wednesday 7 - 3
Thursday 7 - 3
Friday 7 - 3
Saturday 8 - 3
Sunday 9 - 2

Lease
Lease From 1 June 2017
Lease to 31 May 2022
Options to 31 May 2027
Increase Terms: CPI + 2%

Employees
6

Reason for Sale
Founder/Owner planning to move out of area

About the Business
ANNUAL TURNOVER $700,000 +

TYPE CAFE
AREA EASTERN SUBURBS
WEEKLY TURNOVER $14,000
WEEKLY RENT $1,100
TRADING 7 DAYS
EMPLOYEES 6
SEATS 37

FOR SALE $195,000

KEY STRENGTHS

An established local favourite with a strong reputation serving the best coffee in the area.

Owner-operator working just 30 hours per week

Quality build and fit-out

Full kitchen and grease trap

Long lease with options to May 2027

35KG of coffee sold per week

Retail coffee sold under the brand to other cafes. New owner could continue to grow the brand and capitalise on the great reputation.

Easy-to-master menu with high margin products

Current owner able to provide training

The hard work has been done. The strong, clear branding makes it easy for a new owner to slip in and continue to grow the business

Business Highlights

Business ID2015954492
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Category
Last updated  12 May 2020
Map for Darlinghurst NSW 2010
Map for Darlinghurst NSW 2010Darlinghurst NSW 2010
Prospertality
Suite 1a/644-646 Botany Rd Alexandria NSW 2015
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