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Food, Beverage & Hospitality business for sale in Sydney City NSW

  • Food, Beverage & Hospitality
  • Sydney City NSW
  • $950,000 (GST na)

High-Yielding Bakery/Cafe

Superlative branded bakery/cafe business operation, offered for the first time and with highly favourable conditions for the shrewd investor.

This is an incredible hospitality business opportunity to not only become part of an exciting and established bakery/cafe brand, but to do so under a friendly and responsible licensing agreement, which is not subject to the ongoing fees (no franchise fees, no royalty payments) that are currently in the industry spotlight.
The current business is pioneering, dynamic and it is still growing. The shop itself won a national award for best design and fit out; and the surrounding centre is an award winning mixed use development which continues to attract more visitors month-on-month - enticing more than six million visitors every year.

RETAIL: 160 sqm approx.(in dominant central position)

TRADING: Monday to Sunday 7am to 5:30pm, and on Thursday the centre trades late so the shop continues to trade until 8:30pm

BUSINESS HIGHLIGHTS:
Under full management
Revenue of $36k per average week
Net profit of over $400k (2018/19)
Coffee 72kg per average week
Est. 2014 trading over 5 years

LOCATION STRENGTHS:
Prime central position within prevalent shopping centre
Approximately 700 parking spaces (for customers) and two hours free parking
Over 120 bicycle parks

LEASE AND RENT:
Commencement: 22 October 2019
Term: Five (5) years plus Five (5) years
Weekly Rental: $3,272 plus outgoings plus GST

Fully equipped kitchen with exhaust, grease trap and walk-in cool room

Impeccably curated and fully systemised turn key business.

Full financials can be provided.

DA approved Bakery/Café for 69 patrons.

VENUE POTENTIAL:
* Massive upside for a hands-on owner operator
* Add a liquor licence (STA)
* Trade later and add a dinner menu

Experienced operator sought-after

Call Barn on 0409 444 555 to discuss

Business Highlights

Business ID2016414706
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Last updated  3 Aug 2020
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