5-DAY TRADE LOBBY CAFE IN NORTH SYDNEY
Stock Included: —
Stock Value: —
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About The Business
This fully-fit for purpose lobby cafe in North Sydney ticks every box. Only trading 5-days a week, it allows for a perfect work-life balance. Ideally located in the center of three commercial properties it offers service to around 1,000 local professionals within the immediate area. Currently, the main building has 70% of its tenants back on site and the demand is growing for in-house catering.
The business has a well equipped commercial kitchen, parking space, additional storage, liquor license, outdoor/indoor seating, and a monopoly over the local area.
The vendor and landlord are prepared to provide a reasonable rent-free period and a commitment of rental support in the event COVID restrictions affect future trade.
This is an asset sale, the asking price reflects only 33% of the equipments replacement value and IS NEGOTIABLE for the right buyer, all assets will be transferred unencumbered.
New lease of 5+5 years
Rent-free period and COVID support provided
Exclusive service to three commercial properties
Fully-fit for purpose commercial kitchen and catering facilities
Additional storage and parking space
This business is well suited to an aspiring hospitality entrepreneur or experienced professional, looking to begin or continue their F&B dream at a fraction of the cost in any other circumstance, there is plenty of growth opportunities and support in this amazing location.
Lease: New lease
Annual Rent: Negotiable
Seating Capacity: 30 internal, 35 external
To enquire on this business and obtain further details, please click on the blue button at the top of the page.