Key Features: Great location. - Established business. -Regular clientele. - Consistent turnover. - Interesting ambience. - Easy to run.
State: NSW
Suburb: Paddington
Location: Prime main street location in affluent residential & shopping area of Eastern Suburbs.
Premises: This small French style cafe has an area of 40 sq mts and is attached to an Antique Gallery.
Owner wants to concentrate on other core businesses.
Sale Reason
2021
Established
Street parking
Parking
1 Manager (Barista) + 1 full timer + 1 casual
Employees
7 days - 7:30 am to 4:00 pm
Trading Hours
The vendor owns the building and would be willing to provide a new long lease.
Lease
Cafe - takeaway selling 20 kgs. coffee per week, a range of croissants, a gourmet selection of baguettes, quiche, pastries & cakes plus a range of fresh juices, coffees, teas and sparkling water. Seating for 24 inside & 12 outside.
Features
Great location. - Established business. -Regular clientele. - Consistent turnover. - Interesting ambience. - Easy to run.
Potential
A new experienced owner operator could easily reduce COGs and reduce wages and increase profits. A new owner could increase trading hours to increase turnover.
Comments
The owner is willing to consider vendor finance (for an approved purchaser) for the sale price or part thereof in the form of a hire purchase arrangement where if they stay 5 years at the end of their lease they own the fit-out. The figures for this business are being shown as if being run by an owner operator.
