Premium Café for Sale in Sydney City Fringe - Exceptional Location and Low Rent
**Summary:**
Located in the prime high volume foot traffic area, this stylish café offers unmatched visibility and accessibility. With minimal competition and a growing customer base of high-spending young professionals, this business represents a unique opportunity. The café features a high-end fit-out by a renowned designer, top-quality equipment, and a competitive rent of only $1,875 per week gross.
**Key Features:**
Lowest Rent on the Street: At just $1,875 per week including GST. With approximately 100 sqm area and ample outdoor seating area.
Prime heavy foot traffic Location: The best spot in the area with excellent visibility and a prominent entrance.
High-Spending Demographic: Popular among young professionals, known for their high spending.
Minimal Competition: Almost no direct competitors in the area.
Designer Fit-Out: Created by a famous designer, the fit-out alone would cost at least $400,000 today.
Top-Tier Equipment: Brand new kitchen equipment, nearly 99% new and reliable.
Owned Coffee Machine: Unlike typical cafés that rent machines, owning the coffee machine reduces coffee bean costs.
Professional Branding: Custom-designed logo, takeaway cups, and staff uniforms by the same designer.
Community Focus: Perfect for community engagement with lower rent and competition compared to mall locations.
Low Food Costs: Potential for higher margins with increased volume of milk, eggs, bread, etc.
Inclusive Market Appeal: Positioned to cater to a diverse local clientele.
Seasonal Upside: Business potential peaks in summer, offering a brighter future.
**Lease Details:**
Rent: $1,875 per week including GST.
Lease Term: 5 years lease from 2021 with an additional 5-year option until August 2026.
**Weekly Key Financials:**
Sales: 15K-20K
Rent: $1,875 per week inc GST.
Coffee beans Sales: 25kg
**Contact Information:**
For further information or to inspect the business, please email the broker for an NDA form or contact Jimmy Chen at 0426 729 468.
**Disclaimer: **
This advertisement is intended for informational purposes only. Interested parties should conduct their own due diligence to verify the details listed in this advertisement.
