$498,000

Summary:
ANND Commercial Real Estate proudly introduce to the market a highly praised retail café situated in the bustling heart of North Sydney, presents a lucrative opportunity for aspiring business owners. This café, renowned for its garden-themed décor and exquisite pastry offerings, stands out in a prime location near train stations, office buildings, and hotels.This is a cafe where the food, coffee and service does the talking. Where your daily flat white is made just the way you like it and your toasted granola is topped with yoghurt and fruits from local farmers who pride themselves on their quality produce. And where you can organise to meet friends for your caffeine fix, enjoy an Insta-worthy meal in a warm and welcoming setting, and start or end the day in exactly the right way. The perfect modern, clean, fresh environment which is also suitable for business lunches and meetings.


Key Features:
* Prime Location: Situated in the central business district of North Sydney, offering high foot traffic.
* Attractive Lease Terms: Secure 5+5-year lease starting from September 2020, with a monthly rent of $9,775.06 including GST.
* Spacious Interior: Approximately 220 square meters of space, including a fully equipped commercial kitchen and restroom facilities.
* Fully- renovated：This business have full Comercial kitchen setup, new owner don’t need to spent money on the shop fitting, making money from the first day you takeover.
* Liquor License: The coffee shop has a liquor license and can provides variety of alcoholic beverages.
* Versatile Venue: Ideal for hosting large events, weddings, and various types of gatherings.
* High-Profit: This business weekly sales approximately $25k-30k per week.


Potentials:
* Unique High Tea Service: Offers a one-of-a-kind High Tea experience, including a special Pet High Tea, attracting a diverse clientele.
* Seasonal Menu: Expert chefs create quarterly menus using seasonal fruits and vegetables, ensuring fresh and dynamic offerings.
* Innovative Service: Could use self-service robots for meal delivery to minimize staff cost.


Operation Hours:
* 7 Days trading; Weekdays 7am to 3pm ; Weekends 8am to 4pm.

Lease Details:
* Monthly Rent: $9,775.06 (inclusive of GST).
* Lease Duration: 5+5 years (from September 2020).
* Bond: 3-month bond with a personal guarantor.

Key Financials:
* Sales * $25k to 30k per week
* Rent * $ 2,256 inc GST per week
* Detailed financials available upon request.

Reason for Sale:
* The current owner is pursuing other interests, presenting a fantastic opportunity for a new owner to capitalize on this established and thriving business.
For further information or to inspect the business, please email the broker for an NDA form or contact Jeffrey Lei at 0405888800.


Disclaimer: This advertisement is intended only for general informational purposes. Prospective buyers should conduct their own due diligence and rely on their own personal judgment in making a business decision.