SOLD Low Rent Cafe in Innerwest Pocket

* The café is currently selling 50kg coffee per week with light and simple café menu only.

* The business risk is very low with extremely low rent of only $650/week (inc. GST and outgoings)

* This is a terrific opportunity not to be missed.

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Overview
* very low rent ($650/week inc. GST & Outgoings)

* Light cooking with heavy coffee sales of 50kg/week

* Easy operation with minimal involvement by the owner

* Adjacent to Council Car Park with plenty of free car spaces available

Sales & Profit Guide
* Weekly turnover hovering $12,000 ~ $13,000 (6 days only)

* Weekly profit $3,000 ~3,500

Lease Info
* Weekly rent only $650/week inc. GST and outgoings

* Rent to Sales Ration: Only 5%

* Remaining Lease: 8 years (3+5 years)

* Rent Increase: 3.5%/year

Employees
* All rounder x 1, Kitchen x 1, Owner Barista x 1

Trading Days & Hours
* 6 Days 5 am ~ 2pm

Potentials & Remarks
* All equipment are purchased outright including coffee machine and grinders

* Currently doing light cooking only. However, there are plenty of spaces available in kitchen to convert to full kitchen should this option be chosen.

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Enquiries to Exclusive Agent:

Alex Young Kim

Principal (Licensee-In-Charge)

Licensed Real Estate and Business Agent | iDEAL Realty Advisors

Suite 02, Level 7, /9 Delhi Road North Ryde, NSW 2000 Australia

T: +61 414 088 089

Disclaimer: All information contained herein has been furnished to us by vendor and third party suppliers. We have not verified this information but have no reason to doubt its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. Suggested financial guideline may have been impacted by the COVID impacted due to volatile trading conditions. Uploaded photos may not be actual and illustration only. All interested parties should make and rely upon their own inquiries to determine whether or not this information is in fact, accurate.