, Collaroy NSW

For Sale

Food/Hospitality

$549,000 + GST

90m2

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Full Time 1
    • Staff Casual 6
    • Annual Turnover 858000
    • Annual Gross Profit 622000
    • Annual Ebit 350000

Business Headline : Collaroy Beach Cafe. Prime Position


Price : $549,000


Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant


A rare opportunity exists to acquire a highly reputable Café, long established and profitable.


Serving breakfast, brunch & lunch, this busy café is extremely popular with residents and professionals of the local community. 


Modest rent with an amazing lease secured – 8.5 years remaining until June 2027 plus another 10 yr. option.


This offer on Sydney’s beautiful northern beaches provides aspirational appeal and outstanding financial returns for the astute investor.


Key Features include:



  • Superb location, great exposure to foot traffic and easy access for cars to park on the main road, side streets or in the abundant beach side car park.

  • Cafe has excellent seating for 70, including 20 outside in prime position on the lively Collaroy strip.

  • Modern, streamlined recent fit-out covering 90 square metres of space. 

  • Fit-out designed by industry-leaders in the F&B industry featuring fully equipped modern kitchen, walk in cool room, appealing refrigerated glass display cabinetry etc

  • Business set up by very skilled, experienced and reputable operators with commitment and passion for good quality food.

  • Current trading hours 5am to 3pm, 7 days.

  • Approx. 48kg coffee/hot choc sold per week.

  • Simple, profitable menu for both eat in plus grab & go with organic, vegetarian and eco friendly options. Features burgers, fresh salads, wraps, sandwiches, great coffee, smoothie bowls / acai bowls etc

  • Includes 2 car spots for the owner.

  • Long lease with very low rent @ AUD $69K per annum (equates to 8% of sales)

  • Full accountant prepared financials are available.


Potential:



  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and developments.

  • The functional kitchen could easily support a variation in the current menu based on owner’s creative ambitions.

  • Increase daily trading hours to capture night-time dinner sales.

  • Apply for liquor licence to expand beverage offering and further increase sales.

  • Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4797210#enquire-now

Annual Rent : $69,600 -
Weekly Rent : $1,338


Annual Turnover : $858,000 -
Weekly Turnover : $16,500


Annual Gross Profit : $622,000 -
Weekly Gross Profit : $11,962


Annual Ebit : $350,000 -
Weekly Ebit : $6,731


Premise : Leased


Lease Commencement : Jul 2017


Lease End : Jun 2027


Lease Option:
10 years


Current Outgoings pa: $12,000


Total Land Area : 90 Square Metres


Total Floor Area : 90 Square Metres


Total No of Parking : 2



Franchise : No


Approximate Stock Value : $10,000


Year Purchased : 2001


Year Established : 2001


Days Trading : 7


Staff :
1 Full Time - 6 Casual


Staff Salaries : $210,000


Reason for Sale : New Opportunity


Location : Collaroy


Business Potential : • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and developments. • The functional kitchen could easily support a variation in the current menu based on owner’s creative ambitions. • Increase daily trading hours to capture night-time dinner sales. • Apply for liquor licence to expand beverage offering and further increase sales. • Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.


Parking Comments : 2 cars - Park on the main road, side streets or in the abundant beach side car park.