ESPRESSO BAR
Sydney, New South Wales
This trendy Café is located in a blue chip northern suburb and patronized by the locals. On the weekend there is an inflow from of people from surrounding suburbs of Sydney that come to the beach which is in close proximity of the local shops and the Café.
SUMMARY
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KEY INFO
- The Café seats 35 with 6 alfresco.
- Early morning trade is brisk and mostly take away from the locals whilst on their way to work.
- There is a constant flow of patrons up until 3 pm and there after it slows down.
- They roast their own coffee beans and also supply certain boutique cafe’s. This makes them unique and customers know it is an exclusive brand and they are getting freshly roasted coffee.
- It also brings down their costs on coffee as it costs them around $13 per kilo instead of $28 per kilo adding more dollars to the bottom line.
- The Espresso sells around 70 kilos of wet coffee per weak with excellent margins whilst being price conscious and passing on the value to the customers.
- Trading hours are 7am-3-30pm, 7 day.
- Currant sales are $22K per week.
- Nets $6K p/w.
- Selling 70KG wet coffee p/w.
- Current rent is $1,100 p/w with a lease of 2yes and an option of a further 5 + 5 years.
- The Espresso Café was voted as the best “bean to cup cafe” in the northern suburbs.
- Vendor is asking over $600K plus SAV (stock at value) being $25k.
PROPERTY INFO
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- Location: Sydney, New South Wales
