Cafe for sale, New South Wales NSW
At a glance
- Lease
- 10 year lease from July 2023 with 3.5% increases annually and 3 month bond.
About the business
A cafe and bar in an office tower foyer serving breakfast, lunch and dinner, in New South Wales. It serves Italian food, coffee, wines, beer and cocktails. It trades 5 days, Monday 6.30 am to 4 pm to Friday 6.30 am to 10 pm. Staff are 1 owner, 1 full time chef, 3 kitchen, 2 floor and 3 bar, all casuals. It is currently adding a further 25 seats. The lease is 10 years from July 2023. The reason given for the sale is that the owner has a number of other large businesses and wants to concentrate on them. The broker reports it opened less than 12 months ago with business growing.