, Gymea NSW

For Sale

Food/Hospitality

$850,000

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Full Time 9
    • Staff Casual 17
    • Annual Turnover 2750000
    • Annual Ebit 615000

Business Headline : Iconic Functions Venue + Busy Retail Cafe within Landmark Art Gallery - Sutherland Shire


Price : $850,000


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


A rare opportunity in Sydney’s Sutherland Shire to acquire a highly esteemed and profitable operation set inside landmark grounds of a Regional Gallery and Arts Centre.


Key Features include:



  • Venue has vast seating capacity for 250 both indoors and out and is situated within picturesque garden parklands.

  • An ideal destination. High appeal to a large cross-section of customers including family, children, elderly, mothers groups, art and culture enthusiasts.

  • Highly desirable, established and unique venue site, popular for large private celebrations such as weddings/engagements, premium corporate functions and other tailored events.

  • Beautifully appointed, modern fit-out and equipment.

  • On Premises liquor licence.

  • Easy access with car park for 60 cars and abundant parking in side street. 

  • Café food menu covers breakfast and lunch with a focus on value, quality and seasonality. Menu is complemented by beautiful beverage options.

  • Generous lease term to 31stJuly 2024 with supportive landlord.

  • Very low rent of $115k ex gst per annum.

  • Café operating 7 days, 9am-4pm with option to extend.

  • Site is fully operational, compliant and expertly set up by skilled and reputable operators. All systems, licenses, certificates and approvals are in place. Therefore business risk is minimised.

  • Strong social media base and outstanding feedback from online review platforms. 

  • Favourable results from health and safety inspections.

  • Café and functions trade are both on an upward trajectory on top of an already strong and profitable base.

  • Impressive returns, Full financials are available. Contact broker.

  • Genuine growth / value-add opportunities.


Potential



  • Increase daily café trading, capturing night-time trade thus materially increasing sales.

  • Potential to build on function revenue using brand’s existing reputation and the current strong database of clients. Further leverage possible from the use of the galleries’ database.


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4264760#enquire-now

Annual Rent : $115,000 -
Weekly Rent : $2,212


Annual Turnover : $2,750,000 -
Weekly Turnover : $52,885


Annual Gross Profit : Not Disclosed -
Weekly Gross Profit : Not Disclosed


Annual Ebit : $615,000 -
Weekly Ebit : $11,827


Premise : Leased


Lease Commencement : Aug 2014


Lease End : Jul 2019


Lease Option:
5 years


Total No of Parking : 60



Franchise : No


Approximate Stock Value : $40,000


Year Purchased : 2014


Year Established : 2014


Days Trading : 7


Staff :
9 Full Time - 17 Casual


Reason for Sale : New Venture


Location : Gymea


Business Potential : Increase retail trade hours capturing night time, Drive functions sale via huge database


Parking Comments : 60 cars - Abundance of on site and side street parking