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Industry:  Food and Hospitality  
Business Address: Surry Hills, Sydney, NSW, 2010, Australia

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AD ID: B190200016
Asking Price: AUD$120,000
Detail business type: Cafe Shop 
Business Ph: 0432 629 179 
After hours ph:  
Contact Details
Name: Mr. Lou 
Advertising Nature: Private Seller 
Company Name: Mad Spuds Cafe 
Phone: 0412 554 271 
Mobile: 0432 629 179 
Email: mariannaberzi66@hotmail.com 
Postal Code: 2010 
Country: Australia 
Comments: Features

Established in early 2010, this recently renovated Surry Hills caf is a favourite for locals and visitors alike seeking great tasting food and coffee in a friendly and relaxed setting. It is located on a busy street in a trendy inner-city suburb with lots of foot traffic.

The cafe has great online reviews with 4.4 rating on most sights including Google, Facebook and Zomato. Shop has 2 levels approximately 120 sqm, total outside and inside seating capacity is about 44. It has personality and character that differentiates it from other cafes. Current trading has been steady averaging $11k per week but the following improvements could certainly push this business up to $14k plus.

Opportunities include:
1. Extend trading hours. The caf is licensed to do an evening trade until 10pm
2. Introduce a popular brand of coffee
3. Employ a good barista to increase coffee sales
4. You could transform into a 6-day business by closing on a quieter day and extend the hours on the other days. Great opportunity to do earlier breakfasts, extend afternoon trading hours or even do a lucrative evening trade.
5. Greater emphasis on catering
6. Better use of social media
7. Perfect family business

The new owner does not need to be a chef as current staff can run the kitchen without an owner being there. The coffee machine is a new Wega and the Mazzer grinder is near new and in excellent working order. Included in the rent is an apartment/office above that could save you or a staff member $350/week rent. Trading hours are Mon-Sunday 8am to 3pm.

There is 4.5 years left on the current lease. The rent is $1923 per week plus GST plus some outgoings. There is off street parking allocated at the rear of premises (very rare!) which can also be used as a rear courtyard.

The owner is looking to go back to teaching so this is a great opportunity to buy a very stable and easy to run business.

Price $120,000 WIWO negotiable.

For further details, please ring 0432 629 179 or text 0412 554 271.
  • Busy Traffic Area
  • Business + Residence Available
  • Excellent Location
  • Good Turnover
  • Huge Potential
  • WIWO
  • Good Lease