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Drummoyne Cafe Returning over $2500 Pw to a Family OperationProperty ID 1498143Trendy upmarket cafe located in Drummoyne returning great profits to a family operation. Low rent & new lease, this is the perfect entry business to continue building or enjoy the current profits.
Rent: $900 pw
Net Profit: $2,500 pw
Drummoyne inner west sydney
Continue to develop this cafe into a restaurant or build on the current cafe trade.
General Cafe and Hospital skills would be beneficial
Hours: Monday to Saturday, currently 7am till 4pm
Lease: New lease signed, great terms only $900 pw to be assigned or new lease available upon request.
Employees: 3 casuals, easily run by a family
Reason for Sale: The owner has 2 cafe's and needs to concentrate on one.
About the Business
Located in upmarket Drummoyne only minutes to the CBD this busy suburban cafe is priced to sell. Supported by the local community with limited competition this cafe is perfect as is or why not convert into an evening restaurant trade. Currently returning the family over $2500 pw this business offers a new long term lease at a very reasonable rent. Easy to run business and great starter business for those new to the industry.
Disclaimer: Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.