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Posted 01/04/2020 in Food and Beverage by ABBA Group

Long established, profitable Cafe, Great takings. Low rent. Sydney Upper North Shore | ID: 372

Wahroonga NSW 2076, Australia
$670,000.00 Cafe Bar Restaurant / Business For Sale
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Summary

This busy Cafe, situated in the Upper North Shore, draws patrons from both local residents and the nearby hospital, with seating for 75 indoors and 15 outdoors and a great European City feel.

About the Business

Situated in the Upper North Shore, this busy Cafe draws patrons from both local residents and the nearby hospital. With seating for 75 indoors and 15 outdoors, the large foldaway windows give the Cafe a great European City feel. Trading 7 days, and two evenings, the opportunity exists to further expand into the evening trade, especially in the pizza/pasta take away area.

The full kitchen could allow for an expanded menu. Currently, the venue offers a breakfast and lunch menu. Food choices range from classic Aussie to Mediterranean style dishes. An existing liquor license further adds to the opportunity to expand evening trading.

The current owner has operated the business for 10 years, now looking for a well-deserved retirement. He believes that a new face and new menu ideas could step the business up even further. A more active social media presence should definitely increase customer numbers.

The cafe serves between 35-40kg of coffee per week. There are big development plans in the area with a large specialist medical suite, and a new playschool being built next door to the suburban shopping centre. Expectations are that this will draw an additional 1000 people per day to the area.

In addition to the consistent takings and opportunities for growth, how can you go past the very low rental? All this points to opportunities to improve on this successful business.

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

https://www.abbabusinesssales.com.au/ca-forms/ca-form-372
or visit our Website www.abbabusinesssales.com.au and use reference #372 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. Prospective purchasers are responsible for accessing the relevance and accuracy of the business profile and urged to seek independent legal, financial and taxation advice.

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ABBA Group

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Member since 02/03/2020

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Listing Details

  • Asking Price
  • $670,000.00
  • Price Comments
  • Negotiable (NEG)
  • Status
  • Business For Sale
  • Business Type
  • Cafe Bar Restaurant