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CONTACT VISION

(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

 © Copyright VBA 2019 All rights reserved

$230,000 DARLINGHURST ESPRESSO BAR | 5-DAY TRADE

For Sale: $230,000






Business Overview

This well-established cafe/espresso bar in Sydney's CBD fringe is a perfect business opportunity for any level of experienced operator. Located in a high foot traffic thoroughfare area and only a stone's throw from the CBD; it has a strong local following, consistent trade, long lease in place and low overheads.


In addition to the strong coffee sales, it offers a simple food menu of sandwiches and light meals, as well as providing additional catering to local businesses (which are in abundance).


Currently operating only 5 days a week, there is also ample opportunity for a new owner to trade on weekends and grow the food/catering arm of the operation.


This business is well established, easy to run and highly profitable to an owner-operator. The perfect opportunity for an enthusiastic entrepreneur, hospitality professional or coffee lover to build on a business with proven success.



Financial Summary


Full access to the business's financials will be provided once an enquiry has been submitted.



Earnings to Owner/PEBITDA: $147,000




Features


Long lease (2+5+5) until November 2032

Low overheads and rent

Easy to operate with minimal staff required

Great location with high foot traffic thoroughfare

Consistent turnover all year round

5-day trade with approval for 7 days

Large storage room and office space on site

Sale includes coffee machine and grinders owned outright valued at $22k








Buying a business is easy with Vision





"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "


Daniel Kogan

(e)  daniel@vbaaustralia.com.au

(m) 0401 620 918

(t)   (02) 8923 2632


The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business

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