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Cafe And Coffee Shop in Mosman Sydney NSW

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Lower North Shore Cafe/restaurant – High Street Position

Location:Mosman, Sydney, New South Wales

Category:Cafe and Coffee Shop

Asking Price:$99,000 plus stock

99000

  • Sales revenue : $12,243.06 pw
  • Net profit : $1,534.59 pw
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Lower North Shore Cafe/restaurant – High Street Position
  • Lower North Shore Cafe/restaurant – High Street Position

Business description

This Lower North Shore Café/Restaurant is located in a neighbourhood high street strip, nestled amongst other retailers which make the area a local destination.

Surrounded by a mixture of apartments and established homes, with a relatively high volume of passing traffic, easy off-street parking and in close proximity to a local school and businesses, this café has all the ingredients for a successful operation.

The café has a full commercial kitchen with a grease trap and exhaust system, full walk in coolroom, office space, security system and POS system. The ground up renovation of this business was only completed approximately two years ago.

The dining area has approximately 50 seats, with 10 on-premise outdoor seating. There may be scope for further footpath seating subject to Council approval.

The café has been established in its current format for two years and it currently trades seven days serving breakfast and light lunch with a five day (Tues-Sat) dinner service that is sub leased and ready to be incorporated into the main business. A healthy Uber Eats income stream also exists.

Highly motivated vendor selling for well below fit out cost, this business will not be on the market long.

Perfect first business with state-of-the-art equipment and finishes to trade as is or to buy, rebrand, obtain liquor and footpath licences (STCA) and create a specific cuisine destination for an experienced operator.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Opportunity

Operate as a full restaurant in the evenings by owner with a specific cuisine (maintaining the café trade). Rebranding possible to clearly convey nature of business and operation. Apply for Liquor and Footpath licences. Establish catering for local businesses.

**Weekly**

Turnover (inc GST) $12,243.06

Rent $2,100.00

Net Profit $1,534.59

Other Information

  • Employees: The business is currently run by the owner and a 1 full-time chef, 1 casual Chef, 1 full-time barista,1 casual barista, 2 casual waiter/waitress and 2 casual kitchen hands.
  • Trading Hours: 7 days
    Cafe Monday – Friday 6am - 3pm Saturday & Sunday 7am - 3pm
    Restaurant Dinner Tuesday – Saturday 5pm - 10pm
  • Lease Terms: The 3 x 5 x 5 year lease commenced in Sept 2017. – 3.5% increases – A six month bond is required.
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