Description

Cafe - takeaway with an all-day breakfast, brunch and lunch menu plus 12 kgs.coffee & cold drinks. New (concrete) floor, new ceiling. New electricals and plumbing throughout incl grease trap and exhaust fan. All equipment is less than 5 years old. - Early morning and lunchtime trade is particularly good with "tradies" and teaching staff from school. - Recent fit out in 2020.- 26 seats inside - 24 seats outside. The following equipment will be included in the sale - double door fridge, single door fridge, commercial dishwasher, camera CCTV system under counter fridge, under counter freezer. Coffee machine can be negotiated based on maintaining supply with the same coffee supplier.

Potential

Could expand the outdoor seating. Fine tune menu offerings. Maybe add alcohol. Maybe add more emphasis on weekend offerings.

Features

Well positioned in growth area. Good exposure on busy road. First rate fit out with separate coffee, food prep areas. New (concrete) floor, new ceiling.

Premises

Small but easily accessible site with an area of 70 sq mts. Two separate customer entrances. Indoor and outdoor seating with long standing footpath DA. External awning added in past 2 years.

Location

Good City fringe location in a growth area with good foot traffic to and from Technology Centre and Redfern station.

Trading Hours

7 days - 7 am to 2 pm weekdays and 8 am to 3 pm. on weekends.

Lease

The vendor also owns the freehold and is willing to provide a new 3 + 3 year lease (option period could be negotiated). 3 months bond. CPI annual increases.

Employees

1.5 full time (owners). 4-5 casuals. No staff transfers can be guaranteed.

Comments

Please note that this business is not being sold on figures. Great opportunity for entrepreneurial operator to take over a well established and well located cafe / restaurant on a WIWO basis buying for the value of the equipment only. Significant upside for an operator able to exploit an increasingly sophisticated market in a gentrifying area.

SBX ID

G1796