$119,000 Northern Beaches Finest | Cafe For Sale

UNDER OFFER

Under Exclusive 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.