Cafe - Under Management - Takeaway
Business Code: SD1004
$495,000
Enquire now+ Estimated Stock (SAV) $10,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Premium Eastern Suburbs Cafe - Under Management - Sales $23,000 p.w.
State: NSW
Suburb: Paddington
Location: Situated on premium corner location in one of the Eastern Suburb's most desirable cafe precincts. The site benefits from high foot traffic, and strong local and visitor appeal.
Premises: This business has a total area of 101 sq. mts. with outdoor seating for 65 plus indoor seating for 25. Recently purchased Parisian-style outdoor chairs and efficient stainless-steel electric heaters support year-round outdoor trading.
Business Overview
Well-established, highly regarded cafe selling 40 kgs. high quality coffee p.w., fresh juices, protein shakes, sandwiches, salads, and hearty cafe meals. The menu is known for generous portions and good food. With approx. nine years of consistent history, a loyal local following, and clear pathways for significant growth, this is a rare opportunity to acquire a flagship hospitality asset in the heart of the Eastern Suburbs. The business benefits from high foot traffic, and a prestigious address that attracts both affluent locals and international visitors.
Retirement
Sale Reason
2017
Established
Plenty of parking in the surrounding streets.
Parking
Under Management. - 7 casual staff
Employees
7 days - Weekdays: 6 am to 3 pm. Weekends: 6 am to 4:30 pm. Approved to trade until 10 pm seven days
Trading Hours
Commenced June 2017. Expires May 2032. 3.5% Annual increases. Bond $38,500.
Lease
Features
- Corner position with all-day sun and unmatched outdoor capacity.
- Nine years of consistent turnover and a deep local customer base.
- Strong 4.5-star Google rating from 235 reviews.
- Modern outdoor furniture and efficient heating already installed.
- Approved extended hours alcohol licence.
Potential
The business is currently trading during daytime hours only. Significant latent capacity exists including dinner service expansion - already approved to trade until 10pm seven days. Fully licensed from 10:30am to midnight, 7 days, with no food requirement - currently under-utilised, ideal for wine, beer and cocktails with dinner or late-afternoon trade. Instagram & digital presence over 1000 followers.
Comments
All staff are engaged on a casual basis, providing excellent labour flexibility. The business holds a no-food-required alcohol licence valid from 10:30am to midnight, seven days a week, currently under-utilised and representing a significant upside opportunity. - Misc. -1 - operating expenses.
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