Vendor MUST SELL - if you want a fully functional licensed cafe in Glebe, act now!
This Inner West licensed cafe is for sale. If you are looking for a venue to move straight into and have cash-flow from day one, this is for you! You will need to provide a new focus on the business, its operating costs and expansion of the offering and the mandatory social media marketing.
The rent is good, there are low outgoings and the lease is to June 2027 with a further 5 year option! The current operation is remarkably easy to run, has high foot traffic and benefits from its proximity Glebe Village, Broadway Shopping Centre, Glebe markets and various Universities.
Sales figures are $11,694 per week and the business is currently not operating to its capability or its potential. This is simple to fix for an experienced operator.
There is available footpath seating for around 12 patrons whilst there is seating inside for another 65. It has a functional commercial kitchen with coolroom and is fully licensed.
The opportunity is a quick fix - utilise your hospitality experience to reduce labour and product costs and increase sales to increase the businesses' profitability. Further opportunity to expand night trade and/or introduce additional food offerings, such as pizza, or another cuisine.
Staff No
The business is currently run by:
3 x Casual Chefs
2 x Casual Kitchen Hands
3 x Casual Baristas
3 x Casual Waiters/FOH Total Operational Hours are 65.5
Lease Info
The Lease commenced on July 1, 2022 and expires on June 30, 2027
A 5 year option is available (taking the lease to June 30, 2032).
5% rental increases annually and at option A three month bond is required
Trading Times
7 days a week 7:30am to 3:00pm from Monday to Friday; Thursday 5:30pm to 8:30pm and Friday 5:30pm to 9:30pm 7:00am to 4:00pm and 5:30pm to 9:30pm Saturday 8:00am to 4:00pm Sunday
Size of Premises
The business is in good condition and occupies approximately 132m2 with 65 seats inside and with a footpath license (6m2) for 12 outdoor seats. Grease trap connection, exhaust and coolroom are included. Fully licensed. The business has an approximate 10m frontage with a good street presence and good foot traffic.
Opportunity
The opportunity is a quick fix - utilise your hospitality experience to reduce labour and product costs and increase sales to increase the businesses' profitability. Further opportunity to expand night trade and/or introduce additional food offerings, such as pizza, or another cuisine.
**Weekly**
Coffee Sales 10kg
Sales $11,694
Rent $2,094
Browse through the list of other high performing businesses for sale in Australia.
Quality mind ai | licenced coaching partnership ai-powered behaviour change | australia-wide &global | fully onlin...
Guaranteed profit (up to $5000 a month) - chem-dry carpet cleaning $10k+gst down...
The local guys carpet cleaning franchise for sale – prime territories across australia – ongoing support & training – hi...
Electrical test and tag franchise where you get paid well for your efforts! we have a turnover guarantee of $2,000 per w...
We need more franchise partners asap! we offer an income guarantee of $2000 per week! $10,000 discount for next 10 new f...
Pest control franchise where you get paid well for your efforts? a turnover guarantee of $2,000 per week! $39,900+ gst...
Pest control franchise where you get paid well for your efforts? a turnover guarantee of $2,000 per week! $39,900+ gst ...
Electrical test and tag franchise where you get paid well for your efforts! we have a turnover guarantee of $2,000 per w...
Own your very own numberworks'nwords tuition business...
-overview- annd commercial proudly introduce to the market a perfect opportunity for a passionate florist or energetic ...
Unlock the potential of a premium australian cycling apparel brand with an established online presence and strong founda...
Are you looking to enter the growing disability support sector with a business that offers flexibility, scalability, and...
A well-established online jewellery business is now available for sale, offering a strong brand presence within the affo...
Step into a thriving ecommerce toy brand with global reach and strong customer demand. this well-established online busi...
An exciting opportunity is now available to acquire a newly established ndis provider in the growing western SYDNEY regi...
Step into a growing and fully registered health service business with strong demand, proven systems, and the backing of ...
This is a unique opportunity to acquire an ndis registration shell, offering a buyer the ability to take over existing r...
An opportunity is available to acquire an ndis-registered business in new south wales, offering buyers a straightforward...
Hit the ground running with this established ecommerce business operating in the rapidly growing health and wellness bev...
Secure a ready-made salon premises in a high-traffic inner-city retail precinct, offering the chance to launch your own ...
A rare chance exists to purchase a newly set up, fully registered ndis disability services business located in SYDNEY, n...
This is a rare opportunity to acquire a purpose-driven ecommerce brand operating at the intersection of sustainability a...
Ready to begin an exciting chapter in the world of jewellery? this outstanding online jewellery business presents a rema...
Are you an experienced business broker? join abba group and be part of a business broker revolution summary join us a...