Iconic Cafe - Northern Beach, Long lease, Well Established.
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business Headline : Iconic Cafe - Northern Beach, Long lease, Well Established.
Price : $249,000
Category : Food/Hospitality, Cafe/Coffee Shop, Restaurant, Takeaway Food
Iconic Beach front Cafe / Restaurant
Well established for 20 years
9.5 years lease remaining
This cafe/restaurant has been in the area for almost 20 years and has been the most popular place.
Well known area and well known branded name. Currently running under semi-management style.
Full potential for investors to run under management or experienced operator to step up to the next level by making upgrades.
Opens for breakfast/lunch/dinner.
- Local icon
- Favourite place for locals & visitors
- Long lease of 9.5 years left
- Full commercial kitchen to serve any types of cuisine
- Fully licensed
- Prime location with beach front in Northern Beaches
- 40 seatings outside & 50 seatings inside
- Increase marketing on social media to attract more customers
- Change of current menu to attract attention
- Owner operate to save wages and increase customer service level
Start making money from day 1 or increase profit by taking it to the next level.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4842963#enquire-now
Annual Rent : $275,000 - Weekly Rent : $5,288
Annual Turnover : $1,352,000 - Weekly Turnover : $26,000
Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed
Annual Ebit : $122,876 - Weekly Ebit : $2,363
Premise : Leased
Lease Commencement : Oct 2018
Lease End : Oct 2023
Lease Option: 5 years
Total Floor Area : 200 Square Metres
Franchise : No
Approximate Stock Value : $15,000
Year Purchased : 2017
Year Established : 2000
Days Trading : 7
Staff : 4 Full Time - 13 Casual
Staff Salaries : $442,000
Reason for Sale : Personal reason
Location : Northern beach
Business Potential : Social Media, Menu Upgrade, Marketing
Parking Comments : car - Plenty of street parking