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Food, Beverage & Hospitality business for sale in Woolloomooloo

  • Food, Beverage & Hospitality
  • Woolloomooloo NSW 2011
  • $139,000 plus SAV

Inner-city Café and Corporate Catering Business

This well-known Café in an affluent city fringe suburb of Sydney has been established for more than 16 years and has been with the current owner for 3 years. There are 18 seats outside and 4 inside. The café is 46 square metres plus a separate storage area.

Surrounded by numerous small and large offices as well as medium and high-density residential blocks, the café attracts a good mix of corporate and residential customers. Located close to major tourist attractions in an area with high foot traffic, there is good walk-in trade in addition to the many loyal regulars. Pleasant courtyard seating offers a secluded escape for office workers and 'work-from-home' locals. A spacious street frontage accommodates the high volume of take-away customers.

The café is best known for its gourmet sandwiches and also serves breakfast, a range of salads, soups, sweets and rotating seasonal specials. When the current owner took over 3 years ago, the coffee sales were very low at less than 4kg per week but have since grown to over 12kg per week and are expected to continue to grow. The premise is fully licensed and also has a wide range of cold drinks such as fresh juice, milkshakes and smoothies.

The corporate catering side of the business was substantial pre-COVID and is now recovering. A substantial base of regular corporate clients has started to return resulting in promising growth in this area of the business.

The business is currently owner operated with a stable staff base who are capable of running the business in the owner's absence. The owner has plans to relocate outside of Sydney prompting the sale of the business. The owner is willing to offer an extended handover to ensure a smooth transition.

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

Staff No
6 Staff in total including the owner operator. Staff are cross trained in multiple areas of the business allowing great flexibility with rostering.

Lease Info
The 5x5 year lease commenced in May 2015. A $10,000 bond is required. The landlord is also willing to discuss extending the lease.

Trading Times
Mon Fri 7:00am to 3:00pm
Sat 8:00am to 2:00pm
Closed Sundays and Public Holidays

Size of Premises
46 square metres, plus separate storage Semi-commercial kitchen. Outdoor seating area.

Opportunity
Build on established catering business.

Increase marketing. Current main marketing is word of mouth.

Extend opening hours and or Sundays and Public Holidays.

Note to buyers
This business is being sold by the owner with our support from GSE through our Six Steps to Sale Program this means that you will be dealing directly with the seller.

GSE will send out information about the business for you and if you wish to view the business this will be arranged directly with the seller.

Business Highlights

Business ID2016730104
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Category
Last updated  13 Jan 2021
Map for Woolloomooloo NSW 2011
Map for Woolloomooloo NSW 2011Woolloomooloo NSW 2011
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Business Highlights

Business ID2016730104
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  13 Jan 2021
GSE Business Consultants
Level 32/101 Miller St North Sydney NSW 2060
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