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DUAL INCOME | COVID PROOF CAFE | MAS012

$289,000 ONO

Darlinghurst, New South Wales

DUAL INCOME | COVID PROOF CAFE | MAS012

Established in 2010, This cafe is established, profitable & ideally situated in the inner-city suburb of Darlinghurst.

The suburb is known for its funky, high-energy area with cafés, sleek multicultural restaurants and intimate cocktail bars. The café sits in a high pedestrian and vehicular traffic location, surrounded by other businesses which help attract a significant cross-section of the public to the area and within proximity to St Vincent's Private Hospital (100m).

Serving specialty coffee and a range of light meals, 95% of its revenue is from takeaway meals and coffee. The business serves approximately 3500 coffees per week. Among its customers are city dwellers as well as a large portion of St Vincent's Private Hospital staff.

The premises comprise a 40m2 café downstairs and a one-bedroom apartment upstairs, with the capacity for 8 inside and 4 outside. The incoming owner will have the opportunity to either reside in the upstairs apartment or rent it out through AirBnB netting approximately $40,000 per annum.

Ample growth opportunities are available for this café, including extending opening hours, adding catering options and developing a new marketing strategy, including the creation of a website for the business.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

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Last updated: 21st October 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Darlinghurst
State
 New South Wales
Price
$289,000 ONO
Category
  • Cafe/Coffee Shop

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Agency

Business Brokers Network

Business Brokers Network

Contact

Marco Gentili