If it is a 5-day CBD Lobby Café you are after, then look no further.
This prime located Lobby Café is situated under a 22-floor office tower, housing some of the biggest online and tech organisations around and situated in a fully refurbished lobby with plenty of natural light, indoor seating and a large outdoor seating area which all adds to the appeal of this fantastic business.
The indoor seating area has approximately 30 seats, with a further 36 outdoor seats. A liquor license is also in place.
The business has been given a new injection of life and the results have taken this café on the trajectory to achieving its full potential. With a turnover of over $8k per week (20kg of coffee), $1,000 rent per week, no outgoings ($54/week optional car space) and a lease of around 9 years (including option), this is a solid café with scope to further improve. With a great counter presence, a larger than usual food preparation area and separate storage area, this is a simple operation, serving coffees, pastries, light breakfast, lunch and afternoon delights. It currently operates Mon-Fri : 7:30am – 3pm. A car space is also included at a small cost.
The signs are good for this café as it combines lifestyle with business. This is an opportunity to take this business past its current upwards trajectory. Placing emphasis on social media, advertising and marketing will assist with this immensely. The catering side of the business is an untapped revenue stream and just requires the focus to achieve the additional sales from the tenants within the building but also the surrounding buildings and offices. Reducing the Cost of Goods is also suggested, together with passing on the bank Merchant fee for every transaction.