A very unique cafe come bar on the North side of Sydney.
ANNUAL TURNOVER $600,000 +
TYPE CAFE & BAR
SUITS OWNER OPERATOR OR PARTNERSHIP
WEEKLY TURNOVER $13,000 +
WEEKLY RENT $1,330
WEEKLY PROFIT TO OWNER/S $2,500 +
TRADING 7 DAYS
FOR SALE $149,000 + Stock at value
Situated in an affluent suburb on the Lower North Shore.
Trading since 2016.
Nestled in a cosy laneway that is secluded enough to add atmosphere but still has plenty of foot traffic.
Excellent reputation and reviews.
4.4/5 Google Rating
Hotel Liquor Licence.
Unique alcohol offering that draws customers from all over Sydney.
Dedicated parking space for the owner.
Quality team already in place.
A 5 year lease until November 2021 with another 5 year option to extend until November 2026.
Featured in Lux as Best Day to Night Eatery, Flavours of Sydney, ABC Morning Show and War on Waste Episode 4.
30KG of Coffee per week.
Regularly booked for functions of 30-50 people with a bar tab.
The bar has monthly ticketed events which sell out in advance and are $85 per head. Key suppliers supply product free of charge which makes these events highly profitable.
Menu features freshly baked goods & serious coffee in the morning with signature cocktails in the evenings.
Full financials available.
Monthly ticketed events sell out in advance so a new owner could increase the events to weekly or fortnightly.
Scope to increase revenue with a stronger presence on social media and other advertising avenues.
(Listing Reference 510)