Vibrant Cafe for Immediate Sale

The Phone Code for this property is: 14377. Please quote this number when phoning or texting.

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Exciting opportunity to own a well-established and fully managed cafe in the vibrant Redfern suburb of NSW. There is huge potential to make dollars in this large destination venue.
This Busy Café has been delighting coffee lovers for the past decade and is now looking for a new owner to continue its legacy of success.
Operating from Monday to Sunday, 6.30 am to 3.30 pm, we are a thriving business with a healthy weekly turnover of $24,000 to $ 30,000 Per Week.
With a secure lease in place until April 2026, including options of 3 + 4 years, and a manageable rent of $2,318 per week, this promising venture is now on the market for $600,000.
What sets us apart is our average coffee sales of 40 kgs per week, and with a decade-long presence in the area, our establishment has become a beloved local gem. Additionally, our excellent space allows us to cater to functions, Weddings, Corporate events, Caterings, parties providing us with very high-profit margins.
We are excited to offer this opportunity for a savvy entrepreneur to capitalize on the strengths of our business and unlock potential areas for growth. Join us and make this business your next profitable venture.

Key Features:

Established cafe with a loyal customer base
Average coffee sales of 35-40 kgs per week
Trading seven days a week with flexible hours
Pre booked and paid Functions and Events catering with high profit margins.
Lease until April 2026 with options of 3 + 4 years
Reasonable rent of $2318 per week
Turnover of $24K to $ 30K per week
Huge, discounted price offer of $350K till Nov 2023 only.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.