Cafe for sale, Paddington NSW

About the business

A boutique cafe in Paddington, Sydney. It serves hospital staff, students, professionals and visitors. It operates six days per week, for breakfast and lunch only, closing at 3:00pm daily, and is closed for two weeks over Christmas. Coffee sales are approximately 12 to 18kg per week, plus retail coffee sales. The lease runs till 2028, with options of 5 years plus 5 years, and the rent includes two secure car spaces and storage. All plant and equipment is owned outright. The broker reports limited direct competition and a loyal customer base.