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Exceptional Cafe | Lower North Shore | High Turnover |...

Business for Sale
Lane Cove NSW

This must be the Best Cafe in The Lower North Shore by Far..... This Cafe has absolutely no third party pick up or delivery services so no royalties or commissions to pay to Anyone It has a huge prove

Price $1,079,000

Exceptional Cafe | Lower North Shore | High Turnover | Great Rent | Top Position

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
This must be the Best Cafe in The Lower North Shore by Far.....
This Cafe has absolutely no third party pick up or delivery services so no royalties or commissions to pay to Anyone
It has a huge proven Net Profit due to its Low fixed costs and low staffing requirements
A simple model focusing on High Coffee Sales, Breakfast and light Lunch
No Uber Eats, No Menu log , No Deliveroo , No Hey You ,absolutely nothing at All....
Beautiful Urban Cafe in the Best Position Possible in this affluent Area.
This Area is growing and this Cafe can easily surpass over $ 2 mil Takings per year quite easily with current wages and amenities.
It has a great Lease of 11 years to go with a rent of only $ 967.81 pw ( plus GST ) with 3 Months Bond Only.
No Increases on its Lease till the Year 2022 and that will be only 4%.
Very Short Hours from Monday to Sunday from : 6 am to 2.30 pm.
Excellent Corner Location and its space is 60 sqm which makes it a simple store to Operate.
Coffee Sales are 100 kgs per week proven.
Wages come in at $ 8150.00 PW and Owner takes wages of $ 1,300.00 PW.
Current Owner has been Operating this business for 3 and 1/2 Years.
Its COGS is at 23% due to its location and great margins.
Simple cooking with serving only Breakfast and Lunch , Savvy Operator can extend and take advantage of the afternoon trade as the Area is growing fast.
Reason for this Sale is the current owner is moving back home Overseas.
Excellent paperwork for any due diligence to be done.

This is a Confidential and Exclusive Sale so Please only Genuine Buyers to Inquire .....

CLICK THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION
OR FOR HELP REGISTERING ON OUR SITE PLEASE CONTACT:

Chris Minas
0414 241 332
chrisminas@networkinfinity.com.au

Contact Seller

Contact: Chris Minas
Phone: 0414241332

Bsale ID: 272837
Agent ID: 2005




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