RARE CAFÉ WITH CONSISTENTLY HIGH TURNOVER AND PROFITABILITY – POS, BAS AND FINANCIAL STATEMENTS AVAILABLE IN DUE DILIGENCE
This is not just any café; it’s a 7-day-a-week hotspot with a turnover of over $32k+ per week and a caffeine haven serving over 65kg of coffee. This highly successful Earlwood Café is for sale for the first time. Strategically located, the exposure, awareness and patronage of the Café is strong day, month and year-round as is evidenced by it consistently high weekly sales.
Situated in a neighborhood with no competition, this café has become a beloved local destination. With its charming ambiance and delectable menu, it has garnered a loyal customer base. The café boasts a VERY simple menu that caters to breakfast and lunch. Whether it’s a morning latte, a hearty brunch, or an afternoon treat, this café has it all. Run under semi-management with a part-time owner. Operating 7 days a week for breakfast and lunch from 6:30am to 3:00pm. It has. A full and roomy commercial kitchen able to handle a substantial increase in turnover. Sales for FY23 have averaged over $32k per week with an average of 65kg of coffee. Financial Statements and BAS available. Rent is under $1,000 per week. With access to 20 indoor seats and 28 outdoor seats it is the perfect café able to cater for the local residents, commuters and visitors.
Well priced and with a motivated vendor to sell, this business is a must to inspect if you are in the market for a profitable suburban cafe. This is a rare and great investment opportunity for someone who is looking for a business with low overhead costs, minimal staffing requirements, and the potential for growth.
With the right vision and enthusiasm, this café can reach new heights. The local community already loves it, and there is untapped potential waiting to be explored. All systems have been put into place for a new owner to take over simply and seamlessly. Unlock even greater potential by possibly obtaining a liquor license (STCA) where you can tap into a new revenue stream and expand your customer base to include evening dinners and social gatherings. Imagine the possibilities of capturing the night trade. Extend your operating hours and transform this café into a vibrant evening hotspot, attracting patrons looking for a cozy spot to unwind with a glass of wine or a delicious dinner. Expand the menu offering and reduce the cost of goods/purchases for further profitability. Ideal business to trade as is and to capitalise on the successful operation by the current owner. This business is all set-up and ready to go. This café is not just a place; it’s a thriving business with a proven track record of financial success. With its impressive weekly turnover, you can expect a quick return on your investment and continued growth.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
The 4 year lease commenced on August 17, 2020 and expires on August 16, 2024.
A further 4 year option to August 16, 2028 is available.
Further Option may be available upon application
Rent: $904.68 plus GST per week plus outgoings
3.5% annual rent increases
5.0% increase at Option
Security Deposit – Three months’ rent plus outgoings plus GST
Premises Details
Very spacious and functional kitchen with a grease trap and exhaust – near new state-of-the-art fitout and equipment. Indoor seating for 20 and outdoor seating capacity of 28 seats. Ample free on street parking nearby.
Staff Details
The business is currently run by:
1 x Chef Full Time
1 x Head Chef Casual
1 x Chef Casual
1 x Kitchen Hand Full Time
2 x Barista Casual
4 x FOH Casual
1 x Owner Casual
There are 58.5 operational hours per week.
Opening Hours
7 days a week
Monday to Friday 6:30am – 3:00pm
Saturday to Sunday 7:00am – 3:00pm
There are 58.5 operational hours per week.
Opportunity
With the right vision and enthusiasm, this café can reach new heights. The local community already loves it, and there is untapped potential waiting to be explored. All systems have been put into place for a new owner to take over simply and seamlessly. Unlock even greater potential by possibly obtaining a liquor license (STCA) where you can tap into a new revenue stream and expand your customer base to include evening dinners and social gatherings. Imagine the possibilities of capturing the night trade. Extend your operating hours and transform this café into a vibrant evening hotspot, attracting patrons looking for a cozy spot to unwind with a glass of wine or a delicious dinner. Expand the menu offering and reduce the cost of goods/purchases for further profitability. Ideal business to trade as is and to capitalise on the successful operation by the current owner. This business is all set-up and ready to go. This café is not just a place; it’s a thriving business with a proven track record of financial success. With its impressive weekly turnover, you can expect a quick return on your investment and continued growth.
**Weekly**
Coffee Sales 65kg
Weekly Sales $32,165
Rent $905
Wages $7,915
Net Profit $7,367