r Sale: Thriving Cafe Restaurant in the Bustling Heart of Randwick City Council, NSW
Are you looking to own a successful cafe restaurant with a proven track record in one of Sydney’s most vibrant communities? Look no further! Nestled in the thriving locale of Randwick City Council, this well-established cafe restaurant presents an exceptional opportunity for aspiring restaurateurs and seasoned investors alike.
Since its inception in 2016, this cafe has enjoyed a robust trading history, with the current owner nurturing its growth and reputation for seven fruitful years. Situated in a prime position on a bustling street teeming with foot traffic, the cafe benefits from high visibility and easy accessibility, drawing in a steady stream of loyal customers and curious newcomers alike.
Financially sound, the cafe boasts average weekly sales of $10,000. This diversified revenue comes from multiple channels, including $5,500 in EFTPOS transactions, $2,000 from an established online ordering system, and $2,500 in cash sales. This balanced income stream ensures stability and potential for growth, especially as the trend towards online ordering continues to rise.
The existing lease agreement extends until June 2026, with an attractive 3-year renewal option, providing peace of mind and security for the new owner. The favorable lease terms include a weekly rent of $1,600 that encompasses GST and outgoings, presenting a cost-effective operational structure in a prime location.
The cafe is staffed by a team of fully trained employees, ensuring a seamless transition for the new owner. The experienced staff are not only skilled in delivering top-notch customer service but are also adept at maintaining the high standards of food quality and hygiene that patrons have come to expect from this establishment.
Beyond its operational and financial strengths, this cafe is a cornerstone of the community, known for its warm atmosphere and welcoming environment. It offers an extensive menu featuring a diverse range of delicious dishes and premium beverages, appealing to a wide audience with varying tastes.
This exceptional opportunity allows for further growth and innovation. Whether you’re looking to expand the menu, extend operating hours, or introduce new marketing initiatives, the foundation is set for you to leave your mark and take this business to new heights.
Don’t miss this rare opportunity to own a lucrative cafe restaurant in one of Sydney’s most dynamic neighborhoods. For more information or to arrange a private viewing, please contact us today. Secure your future in the hospitality industry with this outstanding business offering.
