THIS MUST BE SOLD – your opportunity to enter the market at a low price. Make an offer, any offer! The business is sold on its assets, lease and location. A rebranding is required.
This Stanmore village cafe is currently run at minimum levels under management and requires a rebrand as well as a change of offering. It desperately needs to be a café again! This is a well-positioned business in the sought-after Inner West suburb of Stanmore and has a pride of place along the picturesque high street village. Not many opportunities like these come to market in Stanmore. The business is sold on fixtures and fittings only – sales do not form any part of the due diligence. A car space is included!
The location has good passing trade as well as a constant stream of local residents. The local schools also bring additional customers as does the proximity to the train station and the nearby park. Additionally, complementary adjacent restaurant/take-away businesses make the area a food destination for the locals.
The café currently serves its customers ONLY pre-made breakfast and lunch items via a very small range of sandwiches, sweets and snack items. This is by choice of the current owner. There is no cooking done on site although previously a greatly expanded breakfast and lunch menu was on offer which more than doubled the current sales and should be investigated to be reintroduced with required approvals.
The lease has 9 years remaining including the option and the rent is $670 plus GST per week.
The opportunity here is to capitalise on the location and the existing customer base. Re-establish a breakfast menu with necessary approvals and open on Monday. Additionally extend the Monday to Friday trading hours slightly to capture the after-school trade.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
