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 satisfactory, 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 capabiility 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.
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