UNDER OFFER
Business Overview
This amazing cafe in the heart of Sydney's Northern Beaches is an ideal opportunity for any hospitality professional.
Located only a stone's throw away from the beach; it is surrounded by residential, commercial, and retail neighbours which allowed it to remain profitable throughout all stages of COVID-19 restrictions.
There is a fully trained and professional team in place, the Vendor works part-time in the business and has several senior staff members that can manage the venue in the Vendors absence. With a great team and a high quality, yet effortless to execute the food menu, this business is easy to operate.
The rental amount is below-market for the area and trade is approved for evening service, allowing for additional revenue streams over favourable fixed costs.
Ideal for an owner-operator of any experience level, or a savvy investor looking to take advantage of a well-established business with huge growth potential.
Features
Prime location surrounded by residential, commercial, and retail; only minutes from the beach
Financially sustainable during COVID-19 restrictions
Below market rental and low overheads
Averaging 30 kilos of coffee per week
Fully equipped commercial kitchen with grease trap
Evening trade approved with high demand for nighttime offerings
Financials
Revenue: 12,150
Cost of Goods: $3,811
Rent: $1,322
Expenses: $600
Wages incl Super: $4,500
NET PROFIT/EBITDA: $1,917
PEBITDA (Profit to Working Owner): $2,917
*Average Weekly Revenue, Excl of GST
Premises
Lease: 2.5 years + 3 years | Ending 31 October 2026
Seating Capacity: 24
Operating hours: 6am - 3pm daily
To enquire on this business and obtain further details, please click on the blue button at the top of the page.