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Sophisticated, Fully Managed 5-Day Espresso Bar in Sydney CBD price drop $495,000.00

SELLING PRICE

$495,000.00

LISTING AGENT

Mike Arvythis

OVERVIEW

  • Listing ID 2771
  • Price $495,000.00
  • Categories Cafes and take away food shops

Details

Step into a world of sophistication with this ultra-modern, superbly fitted espresso bar, operating five days a week in the heart of Sydney's prestigious central business district. Managed by a competent team, the current owner enjoys a hands-off approach, making this an exceptional investment opportunity.

This espresso bar exudes a contemporary charm, with quality finishes throughout and an inviting ambiance for its patrons. Operating during prime hours from 7 am to 4.30 pm, it caters to the busy Sydney CBD crowd with a seating capacity of 40 indoors and 25 outdoors.

The business boasts a robust weekly turnover of $19K and high-volume coffee sales, moving 60 kgs of coffee per week. With key staff already in place, this business runs smoothly, allowing minimal input from the owner..

Adding to the appeal of this opportunity is a long, secure lease with no demolition clause and a modest three-month bank guarantee. Prospective buyers will be provided with comprehensive financials to showcase the business's healthy performance.

Whether you are looking for a lucrative investment or a well-established business to manage yourself, this espresso bar represents a prime opportunity not to be missed!

For further discussions and details, please contact Mike Arvythis at 0411 690 000.



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