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Cafe And Coffee Shop For Sale in NSW

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City Fringe Café

Location:New South Wales

Category:Cafe and Coffee Shop

Asking Price:$295,000

295000

  • Sales revenue : $16,000.00 pw
  • Net profit : $5,010.00 pw
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • City Fringe CafĂ©
  • City Fringe CafĂ©

Business description

This Mediterranean style café has near iconic status in Surry Hills. Well known for its unique style of food, dishes served here include meat, seafood and vegetarian specialities as well as a wide range of house made drinks such as juices & smoothies. The average spend per head for dine in customers is higher than average.

The business has been established for five years and has shown continued growth year on year. The current owners have perfected the menu over this time and while comprehensive, the clever use of ingredients means the operation is quite simple to run and the experienced staff are well placed to assist in a smooth transition to new ownership.

The owners have been very successful in building a very loyal customer base, the café also has strong ratings on all the review platforms and a good social media presence. The café also benefits from a lot of tourist trade and has become a destination for many overseas travellers.

This established and well organised café is located in a prime city fringe location that makes the most of every inch of space to maximise the return. The Current lease runs until 31st August 2020 with an option to renew for five years plus another 5 years.

A strong lease with low rent and high profitability coupled with a business that enjoys a strong reputation and a quirky menu that is different from the usual brunch fare make this a very attractive and interesting proposition for either experienced operators or first time foodies looking for a dream business.

**For confidentiality, the images in this advert are generic and do not accurately represent the style, décor or food of this café**

** Weekly **

Turnover (inc GST) $16,000.00

Rent $1050.00

Net Profit $5,010.00

Other Information

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