Property ID : 2380
For Sale AU$459,000 - Cafe, Liquor, Restaurant
…FIRE SALE…URGENT SALE…
***Recently Awarded One of the TOP 5 Cafes in Sydney’s Eastern Suburbs***
Stunning licensed Café based in Woollahra village.
$500K Designer fit out when first opened – as new, nothing to spend.
Operates Under Management, with good staff.
Coffee sales 35kg a week (very strong food sales).
Fully licensed, with alcohol selling well.
Operates 7 days for breakfast and lunch, liquor license in place to also trade for dinners.
Turnover averages $33,000 a week (huger in summer).
UberEats and events increase Turnover to almost $1.7 Mill per annum.
Opportunity to make +$280K EBITDA if Owner/Operator, more with dinners.
Potential is to open dinners (DA/License in place).
A new Yoga studio has opened upstairs.
The new Owner/Operator has the potential to bring this great Café making profit $8K.
TURNOVER: $33,000 avg
PROFIT: $6,900
LEASE: 4 1/2 + 5 Years
RENT: $5,500 Including G S T
WAGES: $8,000
STAFF: Fully Under Management, 5 Full Time, 5 Casual
TRADING: 7 DAYS
