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Food, Beverage & Hospitality business for sale in North Strathfield

  • Food, Beverage & Hospitality
  • North Strathfield NSW 2137
  • $308,000 (GST na)

Popular Cafe & Dessert Bar. North Strathfield, Sydney.

Business Headline : Popular Cafe & Dessert Bar. North Strathfield, Sydney.
Price : $308,000
Category : Food/Hospitality, Cafe/Coffee Shop, Restaurant, Bakery
Key Features:


  • Beautifully appointed, modern fit-out

  • Seating for 100, including 30 al-fresco,

  • 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. 

  • Owner motivated to sell.

  • Staff 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

Business ID2013729616
Floor Area100m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Mar 2019
Map for North Strathfield NSW 2137
Abba Group
Level 13, 135 King Street Sydney NSW 2000

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