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Cafe & Coffee Shop business for sale in Concord

  • Cafe & Coffee Shop
  • Concord NSW 2137
  • $559,000 (GST na)

W1774 - Business For Sale - Cafe Coffee Shop Cafe - Restaurant - Takings $25,000 p.w. - Netting $7,500 pw- Urgent sale

Cafe - Restaurant - Gifts - Inner West
SBX Business Code: W1774
Cafe - Restaurant and gift shop in separate room. - Modern Australian cuisine consisting of an all day breakfast, salads, steak sandwiches, pasta, burgers, sandwiches - Lunch daily specials such as spaghetti, Blue Fin tuna tartare, grilled Fremantle octopus, confit duck legs, Berkshire pork cutlet etc. - Currently 26-28 kgs. of coffee p.w. - Busy on weekends. - Full kitchen with cool room, combi oven - Fully licensed - Liquor License until 1100 p.m. - Currently 16 seats outside - 58 seats inside - Gift shop includes home decoration items, picture frames, porcelain dolls, leather wallets etc.

Potential
Ideal position to continue to grow the coffee side of the business - Could add delivery and Uber - Expand catering - Promote the online store more - Do some marketing and advertising - Improve social media presence- Great potential for a motivated new owner or couple - Open 7 days.

Features
Exceptional location. - Rare opportunity to purchase such a cafe restaurant business. - Well established - First class fit out. - Outstanding indoor and outdoor presentation - Long lease - Award winning for many years. - Well established and known in the area.

Premises
This business has an area of 180 sq. mt. on ground floor and 60 sq. mt. upstairs with large windows.

Location
Brilliant corner location on main road in a residential area of Inner West surrounded by over 5000 units / apartments.

Trading Hours
6 days - Tues. - Sun. - 630 a.m.- 400 p.m.- Dinner - Fri. & Sat. - 6.00 p.m. - 10.00 p.m.

Lease
New 5 + 5 yrs. lease available. - Bond 3 months - rent increases 4% per year.

Employees
1 owner + 4 full timers including 2 baristas.

Comments
One of the best looking cafes / restaurants on our books - Award designed cafe restaurant - Wide glass wall along the outdoor seats. - Inspections by appointment through your broker - Experience in hospitality is required by the landlord - A must to inspect but please be discreet. - Price reduced for quick sale.
Figures
Weekly Sales $24000
Rent (ex GST) $2300
Wages $6500
Profit $7500

SBX Business Code: W1774

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Business ID2017097311
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Last updated  8 Jul 2021
Map for Concord NSW 2137
Map for Concord NSW 2137Concord NSW 2137
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Business Highlights

Business ID2017097311
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Jul 2021
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P.o. Box 19, Crows Nest NSW 2065
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