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Cafe / Coffee Shop For Sale - St George Area, WIWO Negotiable

Cafes And Restaurants , Food, Hospitality And Accommodation, Sales below $1m

Sydney, NSW 13 Views

Asking Price $155,000 for 100 %

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SALE OR INVESTMENT DETAILS

  • Yes Finance Available (subject to approval)

Reference ID: 20721217

Highlights

  • Cafe / Coffee Shop For Sale - St George Area, WIWO Negotiable
  • Easy to run with simple food preparation
  • Ample opportunities to increase revenue
  • Very low rent

Executive Summary

Easy to run cafe, ideal for husband and wife with very low rent $300 per week with no extra outgoings. Takings approx $7,200 per week, Coffee sales 18-20 kgs per week. Owners will sell on WIWO basis. 


Location Details

Situated near the train station in a community centre and surrounded by apartments in the St George area.


Potential

The business has the potential to increase revenue with additional hours and the use of Uber Eats & Menulog. 


Skills

Very easy to operate as the café has a simple menu.


Hours

Mon-Fri 6am-3pm

Sat-Sun 7.30am-2pm


Lease

New 5 year lease available


Employees

2 x Full Time Owners (Husband & Wife)

2 x Casuals (Weekends only)


Reason For Sale

Owner's wish to sell due to health reasons.

About the Business

This is an opportunity to purchase a well-known and supported easy-to-run cafe. It is situated near a train station and surrounded by shops and apartments. There is potential for an increase in turnover with additional hours. The current owners have operated the business for approximately 3 years, however, must now sell due to health reasons. 


Key facts about this business:

- Easy to run with simple food preparation

- Ample opportunities to increase revenue

- Well supported in the community

- Very low rent

- Owners must sell



For more information on this opportunity, please contact the undersigned:


Nick Poulos

Business Sales Specialist

Mentored Business Sales, Corporate Business Sales & Acquisitions

M: 0410 076 114  T: 1800 858 696 E: nick.poulos@mentored.business


Disclaimer: 

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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