Cafe Northern Beaches

Coffee Lounge / Cafe NEWPORT BEACH.

We are pleased to offer this popular coffee lounge, a local icon, for sale for the first time in the last 9 years. Located only some 100 metre`s to the beach.

Newport is just 5 minutes North of Mona Vale and renowned for its beautiful beach, excellent local schools and village atmosphere.

Weekly Turnover $9800 on average over the year with winter months extremely steady and profitable.

Rent $1070 per week which includes a rear private courtyard seating section, a downstairs storage area and double car garage.

Profit to an owner operator approx $2300 per week after all costs and wages to employees.

A full roster of staff is available.The cafe operates with strong staff influence allowing the owners two full days off a week plus the owners are able to take holidays with the business continuing under management for 4-6 weeks each year.

Free council car parking directly behind the premises.

All the equipment and fit out are in excellent condition. Presentation is first class. A full list of assets is available. Nothing extra to spend in my opinion. The two group Cappuccino machine is owned outright which offers two bonuses to a buyer. One they own a substantial asset and Two it means the coffee kilo value is much lower than competitors assuring that the Cost of goods are 30% or less weekly!

The mouthwatering simple to cook menu provides Breakfasts and Lunches 7 days a week. No Deep Frying is done on the premises. The cafe serves Omelettes, Pancakes, all styles of Eggs as well as  Toasted Paninis, Burgers , Wraps Gourmet salads.

There are 24 delicious GELATO flavours available.

 

Located in Prime main road position near the City Bus stop there is consistent busy early daily trade with a strong local following for their coffee and foods. 34 kilos of coffee sold on average per week. All invoices available for verification.

Summary:

  • Steady weekly turnover.
  • Low cost of goods.
  • Rent only 11% of Turnover.
  • Good lease of One year and then two extra Three year options.
  • Loyal capable and trustworthy staff.
  • Owners have 2 full days a week off and have 4-6 weeks holidays each year.
  • Genuine reason for sale after 9 years-Moving interstate with  Children`s schooling up north being sought right now!
  • Double lock up Parking on site with private rear entrance.
  • Loads of storage.
  • $219,000 plus stock. Priced to sell but slightly negotiable.

I welcome the chance of providing any serious buyer with all the relevant information.

  • Current Status: Listed for Sale 
  • Code: PG 314 
  • Category: Food 
  • Type: Cafe 
  • Location: Newport 
  • Sales: $32,000 ( $32,000 ) 
  • Period: Week 
  • Net Profit: $6,000 ( $6,000 ) 
  • Rent: $1,558 ( $1,558 ) 
  • Stock: $10,000 ( $10,000 ) 
  • Price: $650,000 ( $650,000 ) 
  • Long Financials: Owners records BAS available 
  • Staff: Barista cooks casuals 
  • Lease: 7 years