Phone: (1800) 858 696
Mobile: 0425 223 629
Ray White Business Sales
17/135 King St,
Sydney, NSW 2000
Phone: 1800 858 696
Food/Hospitality for sale
Drummoyne Cafe returning Over $2500 PW to a family operation
Trendy upmarket cafe located in Drummoyne returning great profits to a family operation. Low rent and new lease, this is the perfect entry business to continue building or enjoy the current profits.
Rent: $900 PW
Net Profit: $2,500 PW
Positioned perfectly amongst a busy thoroughfare of Drummoyne just off the always buzzing Lyons Road. Drummoyne boasts a strong $1.932 million median house price and is consumed by schools and public transport.
This site is full of potential for any buyer regardless of experience, with its loyal customer base and upbeat and upmarket suburb surrounding, this cafe is ready to trade and expand.
Developing a constant online presence and creating a unique differential should see an increase in traffic from outside areas.
Being so well equipped and appropriately sized/staffed, only general cafe experience is required at best.
Hours: Monday to Saturday, currently 7am till 4pm
Lease: New lease signed, great terms only $900 PW to be assigned or new lease available upon request.
Employees: 3 casuals, easily run by a family
Reason for Sale: The owner has 2 cafe's and needs to concentrate on one.
About the Business
Located in upmarket Drummoyne only minutes to the CBD this busy suburban cafe is priced to sell. Supported by the local community with limited competition this cafe is perfect as is or why not convert into an evening restaurant trade. Currently returning the family over $2500 PW this business offers a new long term lease at a very reasonable rent. Easy to run business and great starter business for those new to the industry.
Disclaimer: Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.
- Business Category: Food/Hospitality
- Business Sub Category: Cafe/Coffee Shop