Iconic, Branded CBD Cafe Bar Group | Ray White Business Brokers & Business Sales Agents

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Iconic, Branded CBD Cafe Bar Group Cafes And Restaurants , Food, Corporate Sales above $1m, Hospitality And Accomodation, Cafes And Restaurants Sydney, NSW , Australia 67 Views
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Asking Price $2,150,000 for 100%
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SALE OR INVESTMENT DETAILS
  • Stock at Cost $0
  • Gross Sales per annum $2,852,623
  • Assets Included in Sale $0
  • Profit (Normalised EBITDA) $725,623
  • Finance Available (subject to approval) Yes

Selling Agents

Highlights

  • Iconic, Branded CBD Cafe Bar Group
  • All sites have well-established leases with tier one landlords
  • The stores are located with excellent visibility and foot traffic

Executive Summary

Three Sydney CBD cafe business opportunities, each in a prime location in the heart of CBD. Two cafe branches trade Mondays to Fridays only, with the third cafe (which is also licensed), additionally open at weekends.


Location Details

The cafe businesses currently operate in three key locations across the Sydney CBD. The coffee shops are located with excellent visibility and foot traffic, attracting the breakfast and lunch trades.


Potential

There are numerous business opportunities to improve the existing cafe stores, including increasing trading hours, menu expansion, catering, takeaway and delivery options. Increased exposure via enhanced usage of social media would also be beneficial to trading.


Skills

Hospitality experience would be beneficial to the overall management of the cafes.


Hours

Cafe operating hours can be found in the information memorandum post enquiry. 


Lease

All sites have well-established leases with tier one landlords.


Employees

Staffing includes a mix of permanent and casual staff, with numbers varying per site. 


Reason for Sale

After managing the cafe bar group for twenty years, the owners are divesting to pursue their business interests in other industries.


About the Business

The vision for the business combines the service of a five-star hotel lobby, the atmosphere of a European cafe and a menu akin to the standard of a quality city restaurant. The menu is smart and simple, designed to cater for takeaways as well as those wishing to sit and enjoy the ambiance.

Impeccable service and outstanding coffee are the soul of every coffee shop / bar venue. With a lifetime of hospitality experience between them, the owners are fanatical about quality and leave nothing to chance. Every coffee served is crafted from a signature blend of Brazilian, Colombian and Indian Arabica beans, expertly sourced, roasted and blended to full-bodied perfection.


For more information on this exciting cafe bar group opportunity, please contact the undersigned:


Mark Levitt

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0431 004 488 T: 1800 858 696 E: mark.levitt@raywhite.com


Or


Richard Ames

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0421 490 501 T: 1800 858 696 E: richard.ames@raywhite.com


Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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