A blank canvas awaits you! This cafe is currently run under management and requires a rebrand as well as a change of offering. It desperately needs to be a café again! This is a well-positioned business in the sought-after Inner West suburb of Stanmore and has a pride of place along the picturesque high street village. Not many opportunities like these come to market in Stanmore. The business is sold on fixtures and fittings. A car space is included!
The location has good passing trade as well as a constant stream of local residents. The local schools also bring additional customers as does the proximity to the train station and the nearby park. Additionally, complementary adjacent restaurant/take-away businesses make the area a destination for the locals.
The café serves its customers ONLY pre-made breakfast and lunch items via a range of pre-made sandwiches, sweets and snack items. There is no cooking done on site although previously a greatly expanded breakfast and lunch menu was on offer which more than doubled the current sales and should be investigated to be reintroduced.
The lease has 9 years remaining including the option and the rent is $670 plus GST per week.
The opportunity here is to capitalise on the location and the existing customer base. Re-establish a breakfast menu and open on Monday. Additionally extend the Monday to Friday trading hours slightly to capture the after-school trade.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
The 5 x 5 year lease commenced October 1, 2022.
With the Option, the lease expires on September 30, 2032
A six month guarantee is required.
Premises Details
Approx. 90m2 – Car Space, Toilet, no commercial kitchen, mezzanine food prep and storage room. Indoor searing for 20. Outdoor/Footpath seating area for 12 (STCA).
Staff Details
The business is run under complete for a total of 49 operational hours:
1 x Full Time Manager/Barista
1 x Casual Barista
Opening Hours
6 days (Closed Monday)
Tue – Fri 6:30 a.m. to 3 p.m.
Sat – Sun 7:30 am – 3 pm
Opportunity
The opportunity here is to capitalise on the location and the existing customer base. Re-establish a full breakfast menu and open on Monday. Additionally extend the Monday to Friday trading hours slightly to capture the after-school trade.
**Weekly**
Coffee Sales 12Kg
Weekly Sales $8,802
Rent $670
Wages $1,575
Net Profit $2,130
