Industry:
Food and Hospitality
Business Address:
118 Queens Street, Woollahra, Sydney, NSW, 2025, Australia
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Click on pics to enlarge.
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| AD
ID: |
B190500002 |
| Asking
Price: |
AUD$550,000
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| Rent: |
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| Detail
business type: |
Cafe/Restaurant |
| Business
Ph: |
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| After
hours ph: |
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| Name: |
Ms. Kathy Hatzis |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
Luxe Woollahra |
| Phone: |
0412 600 245 |
| Mobile: |
0412 600 245 |
| Fax: |
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| Email: |
kathy@luxewoollahra.com.au |
| Website: |
www.luxewoollahra.com.au |
| Postal
Code: |
2025 |
| Country: |
Australia |
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Comments:
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Features |
AWARDING WINNING CAFE RESTAURANT FOR SALE
Award winning eastern suburbs cafe located in iconic setting open to sale.
* 90 seat licensed Cafe in stunning outdoor courtyard
* Suitable for an established restaurant/bar/wine bar operator
* Full commercial kitchen, $450K designer fit out is only 4 years old (nothing to spend)
* $33K per week turnover ($1.7m p.a), has grown 8.5% in the last 12 months with potential to grow further weekdays and evenings
* Currently under management with Chefs, Barista, Front of House Manager in place (an owner/operator would increase profits)
* 9.5 year lease for an established operator, must demonstrate experience
* $275K net profit p.a./$5,300 net profit per week
* Open 7 days, 7.30-5pm breakfast and lunch
* 2000 social media followers, celebrities visit daily and promote the venue regularly
* The site is a proven success with over 25 years success under various owners and names - so make it your own with the confidence it will succeed
* Rent is 15% of turnover - comparable to other premium Sydney sites
POTENTIAL
* Yoga Studio and Beautician upstairs from, cafe opening soon, will add foot traffic
* Approved DA and liquor license already in place to open for dinners
* Private events held monthly for 50-200 people, can grow this
Price $550,000 negotiable.
Call Kathy on 0412 600 245 for a confidential discussion.
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- Busy Traffic Area
- Excellent Location
- Good Turnover
- Huge Potential
- Good Lease
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