This unparalleled café in Balmain is an operators dream business, consistently busy all year round with a very strong local following. The cafe is fully managed and highly profitable. In a prime location, it is renowned for great coffee and an exceptional menu with all products made on site.
A new lease with low rent and a strong professional team in place, standardised service procedures as well as recipes available too; this well-established business is a great investment opportunity for either an owner operator or investor.
Revenue $ 1,144,000
Cost of Goods $ 396,029
Rent $ 75,000
Expenses $ 23,175
Wages incl Super $ 393,640
Net Profit (p) ebitda $ 256,156
*All figures are quoted exclusive of GST
New lease of 4 + 5 with low rental expense
Commercial kitchen with grease trap
40 kilos of coffee per week
Great position with outdoor seating
Lease: Expires on October 2027
Rental: $75k plus GST
Annual Increases: CPI
Seating Capacity: 42 internal and 8 external
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(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