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Business ID BS8960

Modern café operated under management - Western Sydney.

Operating Profitably Under Management. T/O $1.55 M. Avg.3 years . Owner's Revenue $233K Avg. 3 years

OWNER MOVING INTERSTATE- Business continues to operate very successfully in a tough retail environment

This Coffee Lounge Restaurant was fully refitted in March 2018 on a new seven-year lease so there is nothing to spend. There is a high pedestrian flow ensuing it remains busy and the management team is experienced and will remain. Due to its location, the business income is secure and is an ideal investment for someone looking to establish themselves in the food industry. 

BUSINESS HIGHLIGHTS

    •    Operated under management
    •    30 years history
    •    Very tidy financial records
    •    Best location with high traffic and exposure
    •    Reliable managers in place
    •    $30,000 per week in Sales
    •    $5,000 per week to owner
    •    35-40kg coffee sales
    •    Onsite roasting facility
    •    Beautifully presented
    •    Recently refurbished
    •    Nothing to spend
    •    6 year term remains on lease 

The owner is happy to provide a smooth handover and training period. The business is operated predominantly under management, so we would envisage a 2-3 week handover would be sufficient to a new owner.

This is a very honest business and will tick all the boxes for a suitable buyer looking at acquiring a hospitality business

Sale price $535,000 plus Stock $10,000 (est)

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Business Sale Price:
$535,000 plus Stock
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