PRICE REDUCED! Inner City Cafe - Amazing Location on Busy Street. First Time for Sale in a Decade

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

Located on one of the most sought-after streets in one of the most popular inner-city suburbs, this cafe has been delighting local residents with delicious food and coffee since 2012.

The business is currently run by a manager, however, it would be great for an owner-operator as well.

Customers are able to eat in or takeaway, with 18 seats inside. This business operates from 8 am to 4 pm 7 days a week. As an added bonus there is a residential space upstairs that is sub-eased bringing in a rental income of $685 per week. Must inspect.

This cafe is easy to run, loved by the locals, and is in an excellent location.

Reasons to buy this business:
> Strategic location
> Loved by the locals
> Food is delicious
> Sub-eased area adds second income stream
> 10 years established

Grab this opportunity today!

Contact George Nicolaides on 0412 008 909 for more information or email george@thebrokerageconnection.com.au.
Know someone that could be interested in this?
Asking Price:
$125,000
Yearly Profit :

----


Country

Australia

State

New South Wales

Suburb

----


Postcode

2010

Locality

----

Established on

Contact the business


Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

Email Broker Verified

Advertiser Details
Thinking of buying this business?

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. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, 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 etc
  • Make sure it’s the right business for you!

In a nutshell, 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 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. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you