, Redfern NSW

For Sale

Food/Hospitality

$498,000 + GST

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Full Time 2
    • Staff Casual 5
    • Annual Turnover 1040000
    • Annual Gross Profit 707200
    • Annual Ebit 234000

Business Headline : Funky Cafe/Espresso Bar in Trendy City Fringe Suburb


Price : $498,000


Category : Food/Hospitality, Cafe/Coffee Shop, Alcohol/Liquor, Takeaway Food


Brand new fit out for this modern Cafe in a main street location in trendy City fringe. This new business is still in a growth phase. Obvious investment in surrounding new residential developments will bring even more customers in the future.


Key Features:



  • Indoor (28) and outdoor (12) seating

  • Modern Industrial look fit out

  • Simple, trendy menu options, with upsell opportunities

  • Long lease

  • Under semi-management - owner supervises 5 days

  • Open 7 days a week, 7am to 3.30pm trading

  • Sales exceeding 40kg coffee p/w


Opportunities:



  • Activate approved liquor licence

  • Trade selected evenings

  • Increase catering business


Run under semi-mangement, this funky Cafe could be run by an owner operator, or under full management - you decide how many hours you want to work!


Don\'t hesitate, you need to inspect this Cafe before it is sold. Enquire Now!


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4111560#enquire-now

Annual Rent : $65,000 -
Weekly Rent : $1,250


Annual Turnover : $1,040,000 -
Weekly Turnover : $20,000


Annual Gross Profit : $707,200 -
Weekly Gross Profit : $13,600


Annual Ebit : $234,000 -
Weekly Ebit : $4,500


Premise : Leased


Lease Commencement : May 2017


Lease End : May 2025


Lease Option:
7 years


Current Outgoings pa: $18,200



Franchise : No


Approximate Stock Value : $5,000


Year Established : 2017


Days Trading : 7


Staff :
2 Full Time - 5 Casual


Staff Salaries : $260,000


Reason for Sale : Owner has other business interests


Location : Busy Street, Sydney City Fringe


Business Potential : Activate liquor licence, trade selected evenings