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Posted 31/03/2020 in Food and Beverage by ABBA Group

Exquisite Lobby Bar Café, Sydney CBD | ID: 785

Sydney NSW 2000, Australia
$1,199,000.00 Cafe Bar Restaurant / Business For Sale
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Summary

Situated within a prestigious 44-floor office complex with over 5,000 occupants. Established and profitable business with an upward revenue trajectory. A truly magnificent business overall!

About the Business

Currently operating under management, this five-day business will reward the new incumbent with financial spoils and pride of ownership.

Situated within a prestigious 44-floor office complex with over 5,000 occupants.

Established and profitable business with an upward revenue trajectory.

A truly magnificent business overall, priced to sell, will not last long!


Features:

Beautifully appointed, bespoke, modern fit-out with minimalist elements and perfect natural light. Excellent combination of 120 indoor and covered alfresco seats across the 250 sqm tower footprint. Holds a Primary Service Authorisation license – allowing the sale of alcohol without food. Licensed capacity 208 patrons. Currently trading 5 days per week from trade 7 am to 4 pm. Generous lease term to August 31st, 2026.Coffee volume 90kg per week. Daily menu offerings cater to the busy corporate professional covering breakfast and lunch. Café is renowned for the best range of fresh and healthy salads, succulent cuts of meat and poultry all offered at casual dining prices. Enormous potential for genuine growth and value add opportunities.The business could easily be run under management or owner-operated. Genuine reason for sale (owner has multiple other business ventures).Strong social media base and outstanding feedback from online review platforms.Regular catering which absolutely can be driven a lot harder.Potential:

There is a huge untapped potential to extend the trading hours to capture Thursday and Friday evenings where workers seek to unwind, eat drink and be merry. A commitment to capture this opportunity will be welcomed by the landlord most favourably. Potential to build on catering clients using the brand’s existing reputation and the abundance of nearby businesses and developments.Opportunity for the savvy marketer to ramp up promotions and social media presence to increase trade. The site will further benefit from the exciting light rail project near completion.

If you like to know more about the Business please complete our online confidentiality agreement here:

https://www.abbabusinesssales.com.au/ca-form/ca-form-785

or visit our Website www.abbabusinesssales.com.au and use reference #785 to search for the business.



Whilst every care has been exercised in the preparation of the business profile, the information is intended as a guide only and is based on information supplied to ABBA Group from the seller. ABBA Group gives no assurances as to the accuracy of any information or advice contained. That information has not been endorsed or approved by ABBA Group. 

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ABBA Group

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Member since 02/03/2020

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Listing Details

  • Asking Price
  • $1,199,000.00
  • Price Comments
  • Contact Broker
  • Status
  • Business For Sale
  • Business Type
  • Cafe Bar Restaurant