Listing status: Inactive
Reason: --
North Sydney Top Buy 5 Day Cafe North Sydney Good Lease Low Rent
North Sydney Top Buy 5 Day Cafe North Sydney Good Lease Low Rent
Industry :
--Sub Industry :
North Sydney Cafe - Good Position , Excellent Fit Out , Great Purchase Price !
Listing Price: $ 179 K Lease: 5 years remainingType of Business: Popular Coffee Shop with a Full Kitchen and a Car Space
Welcome to this fantastic opportunity to own a thriving coffee shop in the heart of North Sydney! With its excellent location, impressive turnover, and beautiful fit-out, this cafe is ready for a passionate entrepreneur to take over and make their mark in the bustling coffee scene.
Situated in a prime location, this coffee shop benefits from good foot traffic and a loyal customer base. The trading hours are from Monday to Friday, 6 am to 3 pm, which provides a perfect work-life balance for the new owner. Offering a wide range of coffee options, the cafe sees an impressive sales volume of 25 kg of coffee per week, ensuring a consistent and lucrative revenue stream.
The lease has been secured until August 2025, with the option to extend for an additional 3 years. The weekly rent is set at a reasonable $ 1427.53 Per Week inc GST per week , allowing for favorable profit margins. The business turnover is an impressive $12,000 per week, providing an excellent foundation to build upon.
This cafe boasts a beautiful fit-out, creating an inviting and cozy atmosphere for customers. The current owner has taken pride in maintaining the business for over 3 years, establishing a solid reputation within the community.
Additional Information:
Well-positioned coffee shop with high foot traffic
25 kg of coffee sales per week
Lease until August 2025 with a 3-year option to extend
Affordable weekly rent of $ 1427.53 Per Week inc GST
Weekly turnover of $12,000
Beautifully designed and inviting atmosphere
Listed with Chris Minas ( Network Infinity )
CLICK THE GREEN AGREEMENT BUTTON TO RECEIVE MORE INFORMATION
OR FOR HELP REGISTERING ON OUR SITE PLEASE CONTACT:
Chris Minas
0414 241 332
chrisminas@networkinfinity.com.au
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$179,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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