This stunning café/Bar/Restaurant is located in the heart of Rhodes NSW. It's beautiful with heavy foottrafic. Selling Coffee, All Day Breakfast, Brunch, specialty drinks, Cocktail, Beer etc.
-- 98 SQM inside + 20 SQM outside
-- over 50 seat inside + 20 seat out side
-- 1 car spaces + 1 Storage
-- Liquor License
Great location under apartments and very near the shopping mall and the train station in an affluent area in Rhodes NSW
--Currently operational as a café Brunch with Liquor Bar, Selling Coffee, All Day Breakfast, Brunch, specialty drinks, Cocktail, Beer etc.
--Could opening loger hours for night liquor bar and Cocktail
--Huge potential due to the significant and on going residential growth in this popular area
--Do some marketing and advertising
--Add Uber eats and other home delivery
--Potential for an owner operator to further increase sales and profit
--There is also great capacity to expand the range to again cater to a broader audience.
--Add on the massive development across the street, this is definitely a keeper.
Reason for Sale
7 days - Mon. - Sun. - 6 a.m. - 3.30 p.m.
3years + 3 years option ; Commenced from Sep 2018.; 5 % increases - 3 months bond
2 fulltimers + 2 casuals
Compared with other regions in Sydney, Rhodes is an area with high return on investment and low risk, and it is also a good business with huge potential.
Over $200,000 was spent on the equipment and fit out in 2018 and the business is WIWO selling on the equipment value and location - The vendor is also open to selling at a reduced price without the equipment or if the buyer would lease back the equipment (terms to be negotiated ). -This business would also suit changing the menu to include some Chinese cuisine due to the location and clientele in the area - Opportunity plus.
Stunning café/Bar in Rhodes, Selling for $120K
Figure Display Type Regular Weekly Takings $13,500 Cost of Goods $3,900 Gross Profit $9,600 Rent $3,077 Outgoings $289 Wages $3,075 Telephone $20 Insurance $30 Electricity $192 Gas $ Misc 1 $ Misc 2 $ Total Expenses $6,681 Nett Profit $2,919
Estimated Stock (additional)