Ref: 3173, Lobby Cafe, North Sydney

An exceptional opportunity to acquire two hospitality venues within a premium North Sydney office building. The business enjoys strong coffee sales, with coffee accounting for approximately 70% of weekly revenue, and offers significant future growth potential as Pepsi's head office is secured to relocate into the building, increasing occupancy as office workers continue to return. Fully licensed, the business also presents an excellent opportunity to expand into afternoon and evening drinks service. Beautifully fitted out with more than $1 million invested in the fit-out, this is a turnkey operation in a highly sought-after location. The owner is offering the business for sale due to multiple business commitments, creating an outstanding opportunity for an incoming operator to capitalise on its strong foundations and future growth.

TURNOVER: $33,000-$34,000

PROFIT: $6,000-$7,000

LEASE: 2 Years + 5 years Option (7 Years)

RENT: $6,715 + GST per week

WAGES: $10,500 per week

STAFF: 2 full time, 8 casuals

TRADING: 5 days, 7am to 4pm

For more details, please email broker or call agents.