Cafe

Industry: Food/Hospitality - Café/Coffee Shop, Food/Hospitality - Juice Bar | Listed by: Core Business Brokers
Key Strengths
About this business
CAFE IN NEWPORT.

We are pleased to offer this popular coffee lounge, a local icon, for sale for the first time in the last 9 years. Located only some 100 metres to the beach.
Newport is just 5 minutes North of Mona Vale and renowned for its beautiful beach and village atmosphere.

Weekly Turnover $9800 on average over the year with winter months extremely steady and profitable.

Rent $1070 per week which includes a rear private courtyard seating section, a downstairs storage area and double car garage.

Profit to an owner operator approx $2300 per week after all costs and wages to employees.A full roster of staff is available.The cafe operates with strong staff influence allowing the owners two full days off a week plus the owners are able to take holidays with the business continuing under management for 4-6 weeks each year.

Free council car parking directly behind the premises with an easy stroll to the sand of Newport beach.

All the equipment and fit out are in excellent condition. Presentation is first class. Nothing extra to spend in my opinion. The two group Cappuccino machine is owned outright which offers two bonuses to a buyer. One they own a substantial asset and Two it means the coffee kilo value is much lower than competitors assuring that the Cost of goods are 30% or less weekly!

The mouthwatering simple to cook menu provides Breakfasts and Lunches 7 days a week. No Deep Frying is done on the premises. The cafe serves Omelettes, Pancakes, all styles of Eggs as well as  Toasted Paninis, Burgers , Wraps Gourmet salads.

Located in Prime main road position near the City Bus stop there is consistent busy early daily trade with a strong local following for their coffee and foods. 34 kilos of coffee sold on average per week. All invoices available for verification.

Summary:

Steady weekly turnover.
Low cost of goods.
Rent only 11% of Turnover.
Good lease of One year and then two extra Three year options.
Loyal capable and trustworthy staff.
Owners have 2 full days a week off and have 4-6 weeks holidays each year.
Genuine reason for sale after 9 years-Moving interstate with  Children`s schooling up north being sought right now!
Double lock up Parking on site with private rear entrance.Loads of storage.
$219,000 plus stock. Priced to sell but slightly negotiable.

I welcome the chance of providing any serious buyer with all the relevant information.
print

  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
image image image image image image image image
Business Name / Ref #:
Contact Advertiser
Location:
Newport
NSW
Asking Price:
$219,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0294132.....
emailFriend
Embed

Advertiser Details

Certified Business Brokers with an Outstanding Reputation
Location: Suite 1A Level 2 802 Pacific Highway
Gordon, New South Wales
2072, Australia

If you are interested in business like this, you should like:

Events Business On Wheels Food Truck For...

Your own events business on wheels food truck for sale Sydney!!!!!Have...

Ref: 2392, Cafe / Espresso Bar, CBD

Established mini Luxe Cafe in the heart of the new cool CBD. Captive a...

Espresso Bar - Cafe - Very low rent - ...

Espresso Bar - Cafe - Brisbane City Fringe - Agent SBX Code Number: T...

5Day Cafe*Moorabbin*New Equipment*Close ...

• Beautiful industrial Cafe, newly renovated, busy area in Moora...

All Comments

Cafe ListingImage
About this business
CAFE IN NEWPORT.

We are pleased to offer this popular coffee lounge, a local icon, for sale for the first time in the last 9 years. Located only some 100 metres to the beach.
Newport is just 5 minutes North of Mona Vale and renowned for its beautiful beach and village atmosphere.

Weekly Turnover $9800 on average over the year with winter months extremely steady and profitable.

Rent $1070 per week which includes a rear private courtyard seating section, a downstairs storage area and double car garage.

Profit to an owner operator approx $2300 per week after all costs and wages to employees.A full roster of staff is available.The cafe operates with strong staff influence allowing the owners two full days off a week plus the owners are able to take holidays with the business continuing under management for 4-6 weeks each year.

Free council car parking directly behind the premises with an easy stroll to the sand of Newport beach.

All the equipment and fit out are in excellent condition. Presentation is first class. Nothing extra to spend in my opinion. The two group Cappuccino machine is owned outright which offers two bonuses to a buyer. One they own a substantial asset and Two it means the coffee kilo value is much lower than competitors assuring that the Cost of goods are 30% or less weekly!

The mouthwatering simple to cook menu provides Breakfasts and Lunches 7 days a week. No Deep Frying is done on the premises. The cafe serves Omelettes, Pancakes, all styles of Eggs as well as  Toasted Paninis, Burgers , Wraps Gourmet salads.

Located in Prime main road position near the City Bus stop there is consistent busy early daily trade with a strong local following for their coffee and foods. 34 kilos of coffee sold on average per week. All invoices available for verification.

Summary:

Steady weekly turnover.
Low cost of goods.
Rent only 11% of Turnover.
Good lease of One year and then two extra Three year options.
Loyal capable and trustworthy staff.
Owners have 2 full days a week off and have 4-6 weeks holidays each year.
Genuine reason for sale after 9 years-Moving interstate with  Children`s schooling up north being sought right now!
Double lock up Parking on site with private rear entrance.Loads of storage.
$219,000 plus stock. Priced to sell but slightly negotiable.

I welcome the chance of providing any serious buyer with all the relevant information.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$219,000

Login

New user Signup here

Signup or Login with