Thriving Lifestyle Cafe / Coffee Shop - Northern Beaches - Easy To Run

North Sydney, NSW

Food/Hospitality / Cafe/Coffee Shop, Deli, Restaurant
$290,000
Listing ID1766226

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A highly successful and well established cafe, offering the new owners a lifestyle change and the opportunity to buy an easy to run, friendly business.

Location Details
Situated in a beautiful area in the Northern Beaches among predominantly high end residential homes.

Potential
Tremendous opportunity to grow the business if desired by extending the hours to capture dinner trade and also by expanding the ready meals / catering side.

Hours
Monday to Friday 6:30 am - 4:00 pm
Saturdays & Sundays 6:30 am - 3:00 pm

Lease
The current lease expires in April 2022. Annual rent is $46,000.

Employees
1x FT Chef + Owner
7x Casual

Reason for Sale
The current owner is looking to retire.

History
Well established as a community cafe with a loyal customer base.

About the Business
The business offers breakfast and lunch servings together with cakes, coffee and preprepared take home meals.

The turnover is $658,000 and the net profits $115,000.

The cafe has seating for 46 patrons and covers an area of circa 250 m2 to include some external seating.

Key facts about this cafe:
- Beautiful Northern Beaches Location
- An Excellent Lifestyle Change Opportunity
- Thriving Cafe with Excellent Profits
- Great Potential For Further Growth
- Easy to Run in Very Friendly Location

For more information on this opportunity, please contact the undersigned:

Peter Barrett
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0474 378 411 T: 1800 858 696 E: peter.barrett@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1766226 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.