The business is completely liquor licensed with immense potential to further build on this great Mediterranean style cafe, with a revenue of $16,000 per week.
Location Details
Ideally located within the heart of one of Sydney's trendiest suburbs and close to the Sydney CBD. Premises is 130 sqm with outdoor seating and capacity for approx. 70 patrons.
Potential
An experienced owner operator would add tremendous value to this venue and help reduce staff and supply costs.
Skills
Would suit a purchaser with previous experience in the food and hospitality industry.
Hours
7 days, from 7am to 10pm.
Lease
Current lease expiry 2021 with a longer lease open for negotiation.
History
This cafe has been operating since 2013. The previous owners expertly built a great reputation, with the oncoming of an experienced owner this reputation can certainly be maintained and improved upon.
Key facts about this cafe/restaurant:
- Warm and welcoming Mediterranean style cafe in Inner West Sydney
- Liquor licensed with trading allowance to 10 pm
- Huge potential to expand the business with regard to trading hours and premises optimisation
- Surrounded by stunning heritage buildings and an abundance of transport
- 110 sqm with 20 sqm outside area
- Seating for up to 70 patrons
- $16,000 in revenue per week
For more information on this opportunity, please contact the undersigned:
Barton Cha
Business Sales Specialist
Mentored Business Sales, Corporate Sales & Acquisitions
M: 0478 024 168 T: 1800 858 696 E: barton.cha@mentoredbsales.com
For more details go to www.mentoredbsales.com and complete our online confidentiality agreement. Use the reference ID 1995132 to search for the business.
Disclaimer:
Due to the confidential nature of the sale, images used may be 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.