Cafe/Coffee Shop Food/Hospitality Business for Sale

Sydney 

$1,100,000Play Video

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    Cafe/Coffee Shop Food/Hospitality Business for Sale in Sydney

    Under Management Cafe/Restaurant - Turnover Exceeds 1.6 million - Low % Rent

      An opportunity exists to acquire a busy, licensed cafe/restaurant in North West Sydney. The business stands out with its edgy menu, inner-city vibe and chic atmosphere.

      Location Details
      Located in the North West of Sydney with a vibrant inner city feel. The business is an affluent, high traffic family area surrounded by prestigious private, independent & high-performing government schools.

      Potential
      The potential in this business is endless. Currently awaiting DA approval from the local council, this will allow increased trading hours to 10pm, 6 nights a week, an extension to the current trading space which essentially doubles the internal trading floor and an increased car park capacity.

      Skills
      Restaurant and/or Cafe hospitality experience will be required.

      Hours
      Mon to Fri - 6am to 4pm
      Sat - 7am to 3pm
      Sun - 8am to 3pm

      Lease
      Current lease expires on the 14th of June 2020, with a 5 year option thereafter. The second shop expires August 2021.

      Employees
      2x Full time
      14x Casuals

      About the Business
      Sitting on the rural fringe of Sydney's Hills District, this cafe/restaurant has built a highly regarded reputation that reflects the businesses consistent revenue.

      Everything in the business is designed to provide a premium experience, from the decor through to the menu, the choice of ingredients and the boutique brands of beers and wines. This is the type of place to linger and enjoy, to take a few moments and relax.

      A few facts about this opportunity:

      • Turnover exceeding 1.6 million
      • Run under management
      • Low percentage rent
      • Superb location
      • Highly popular vibe, well renowned

      For all enquiries please contact the undersigned:

      Paul Smith
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0420 550 433 T: 1800 858 696 E: p.smith@raywhite.com

      Or

      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 1815211 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, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

      Categories:

      Cafe/Coffee Shop, Restaurant, Aerial

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