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Industry:  Food and Hospitality  
Business Address: Woolloomooloo, NSW, 2011, Australia

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AD ID: B230200006
Asking Price: AUD$20,000
Rent: AUD$761/week
Detail business type: Coffee Shop 
Business Ph: 0480 094 302 
After hours ph:  
Contact Details
Name: Ms. Julia Lim
Advertising Nature: Private Seller 
Company Name:  
Phone: N/A 
Email: limjulia0504@gmail.com 
Postal Code: 2011 
Country: Australia 
Comments: Features

An established coffee shop is for sale In Sydney. This is an excellent business opportunity for someone wanting to start their own business.

Sitting on the border of Darlinghurst and Potts Point, the business is well established in Woolloomooloo with a solid and loyal customer base - both residential and commercial. It's in a great location close to the CBD and waterfront with a wonderful local community spirit.

The coffee shop is fitted out with a small commercial kitchen which is yet to be used to its full operating potential. There is also the option to open longer hours and operate into the evenings and at weekends.

The owner has negotiated highly favourable lease terms with an extremely competitive market rental rate at just $761 per week.

The hard work has already been done. The current owner is a barista, running the operation solo (no additional staffing costs) and has successfully established and built the business from the ground up to profitability with a gross profit margin of 69%.

*Very easy to run
*Low rent: $761pw
*Operating Mon - Fri only
*Opening hours: 6am to 3pm (can be longer)

* Sales revenue is made up of: Coffee - 70%, Simple Food (muffins, toasties etc) - 20%, Grab & Go Snack Bars & Cold Drinks - 10%

2023 Turnover: $167,538
2023 Gross Profit: $116,428
2023 Telstra NBN: $1,200
2023 Gas & Electricity Cost: $6,000
Owner draws $52,000 per year in wages

Walk In Walk Out Sale - the owner is moving overseas.

Price $20,000.

For further details, please contact Julia Lim by email.
Email: limjulia0504@gmail.com
  • Busy Traffic Area
  • Excellent Location
  • Good Turnover
  • Huge Potential
  • Low Rent
  • Good Lease