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      Cafe & Coffee Shop business for sale in North Sydney

      • Cafe & Coffee Shop
      • North Sydney NSW 2060
      • $290,000

      Thriving Lifestyle Cafe / Coffee Shop - Northern Beaches - Easy to Run

      A highly successful and well established cafe, offering the new owners a lifestyle change and the opportunity to buy an easy to run, friendly business.

      Location Details
      Situated in a beautiful area in the Northern Beaches among predominantly high end residential homes.

      Potential
      Tremendous opportunity to grow the business if desired by extending the hours to capture dinner trade and also by expanding the ready meals / catering side.

      Hours
      Monday to Friday 6:30 am - 4:00 pm
      Saturdays & Sundays 6:30 am - 3:00 pm

      Lease
      The current lease expires in April 2022. Annual rent is $46,000.

      Employees
      1x FT Chef + Owner
      7x Casual

      Reason for Sale
      The current owner is looking to retire.

      History
      Well established as a community cafe with a loyal customer base.

      About the Business
      The business offers breakfast and lunch servings together with cakes, coffee and preprepared take home meals.

      The turnover is $658,000 and the net profits $115,000.

      The cafe has seating for 46 patrons and covers an area of circa 250 m2 to include some external seating.

      Key facts about this cafe:
      - Beautiful Northern Beaches Location
      - An Excellent Lifestyle Change Opportunity
      - Thriving Cafe with Excellent Profits
      - Great Potential For Further Growth
      - Easy to Run in Very Friendly Location

      For more information on this opportunity, please contact the undersigned:

      Peter Barrett
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0474 378 411 T: 1800 858 696 E: peter.barrett@raywhite.com

      For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1766226 to search for the business.

      Disclaimer:
      Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

      Business Highlights

      Business ID

      2013968418

      Last updated

      13 Nov 2017

      Category

      Cafe & Coffee Shop, Restaurant, Food, Beverage & Hospitality, Grocery & Alcohol

      Map for North Sydney NSW 2060

      135 King Street Sydney NSW 2000

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