Very Profitable And Heavy Foot-traffic Cafe In Ryde Business

Long-standing and profitable café business located in a commercial complex

Key Sale Highlights

Business Overview

About the Business

The ideal lifestyle café business operating 5 days a week and closed on weekends and public holidays for your break.

The café profitable and thriving business are from the large and well-known commercial tenants in the surrounding office towers.

Uniquely considerate as a canteen style café as it is constantly being used by the office workers above for breakfast, lunch and ad-hoc meetings due to it large seating under covered area.

Rarely you will get this opportunity to own or run a café that is long standing and has potential to grow with you!


Average of last 3 Month Sales is $39,000 per month and with an average net profit of $17,200 per month.
Currently No Rent from Landlord.

Trading Hours
Mon – Fri: 6:30am – 3:00pm, Weekends & Public Holidays: Closed.

Employee
2 x Full-time, 1 x Part-time.

Lease
The Lease commenced February 2011 with 12 years + 5 option therefore expires February 2028 with 4% annual rent review and 6 month bond.

Landlord will offer New Lease to New Tenant will 5 Years terms and Base Rent $50,000 + GST per annum.

Strengths & Potentials

✓ This Café has been operating since 2006 and is well supported by the Landlord.

✓ No competition as this is the only Café inside the business complex.

✓ Regular catering accounts to some of the major tenants in the office towers in the area.

✓ Constant all day foot traffic from hundreds of office workers in the surrounding commercial towers.

✓ Large under covered seating capacity to accommodate large crowd and bad weather conditions.

✓ The surrounding office towers are fitting out for new tenants which will increase customers in the café.

✓ Office workers are advised to come back to office more often therefore the café will be busier.

✓ Potential to open on Weekends for visitors to the Lane National Park nearby hence increase sales.

✓ Utilise the large eatery area for weekend functions and introduce flower sales using the offsite Coolroom.

Financials

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Location Details

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

Confidential Business Information and FAQ's

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