Cafe - Espresso - Foyer - Takeaway - Long lease
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Cafe - Espresso - Foyer - Takeaway - Sydney City Fringe - Agent SBX Code Number: SF1518
Cafe - foyer - espresso - takeaway selling approx.10 - 12 kgs. of coffee p.w. - .Also sells salads, burgers, sandwiches, cakes, breakfast menu. - Cost over $250,000 to set up (to include a 4 group Lamarzocco coffee machine value of $30,000) so selling at less than fit out cost. - Full kitchen with grease trap. - 40 seats inside - 20 seats outside
Expand the menu - Potential for delivery and catering as there are hundreds of residential units directly adjacent to the building - Employ a cook or casual to boost sales - Open more hours
Very good location - Profitable - Wide frontage - Low overheads - Good fit out - Easy to run - Nothing to spend - No outdoor seating fees - Opposite bus stop and more retail shops.
Two entrances, one from the street and one from the foyer/supermarket -this is a well laid out and modern espresso bar with wide glass frontage and an area of 77m2.
Foyer building sharing corner location with a large supermarket anchor tenant this espresso bar/cafe is surrounded by high density residential and offices in the City Fringe
7 days - Mon. to Fri. - 6.00 a.m. to 3 p.m. and Sat .& Sun.- 8 a.m. - 12 p.m.
10 year lease lease expires Sep 2023 - C.P.I. annual rental increases - 3 month bond -
Misc.- 1 - Other general expenses - Coffee machine is owned by the vendor, purchase price $30,000- New 20 high-rise apartments block to be built. The above offices has over 300 employees and one whole level belongs to a large appliance centre which trades nearby. - Price reduced for a quick sale to nearly a quarter of the fitout cost - A must to inspect but please be discreet.
Agent SBX Code Number: SF1518 - Sydney Business Exchange