Coffee Shop
Search

$195,000 + SAV Newly Renovated Venue | Eastern Suburbs Food Precinct

For Sale: $195,000 + SAV





Business Overview

This is an incredible opportunity to take over a fully fit-for-purpose premises in the Eastern suburb’s most highly sought-after food precinct, at just a fraction of the establishment costs.


This 47m2 venue is extremely versatile and would suit any takeaway or intimate dining restaurant. There is a spacious commercial kitchen, ample storage, all new equipment, on-premise liquor licence, long lease, and additional outdoor seating.


The vendors have invested over $350,000 into the fitout within the last 12 months and all DA’s/permits are on foot. With tangible assets worth over $280,000 (all still under warranty) and growing revenue, the business offers plenty of scope for a food retailer to take the reins in its current model or transform into a new concept.



Features

  • Highly sought-after location in Sydney's Eastern Suburbs

  • New fixtures and fittings valued at over $280,00

  • Long lease of 2 years + 3 years

  • Recent fit-out value of over $350,000

  • Versatile premises with fully equipped commercial kitchen

  • Liquor Licence and indoor/outdoor seating

Premises

  • Annual Rent: $62,400

  • Term Options: 1.5 years + 3 years | Until 14/12/2026

  • Annual Increase: 3%

  • Seating Capacity: 16 indoor and 8 outdoor