Ref:: 3172, Lobby Cafe, CBD

Ref:: 3172,  Lobby Cafe, CBD
308A Kingsgrove Road
For Sale AU$1,200,000 - Cafe
3172

RARE DUAL-SITE CBD CAFÉ – ICONIC LOCATION

A unique opportunity to acquire a premium lobby café business operating across two sites within the same iconic building, effectively eliminating internal competition and maximising customer capture.

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Key Financials

Asking Price: $1.2 Million
Combined Turnover: $46,000 – $47,000 per week
Net Profit: $10,000 – $12,000 per week
COGS: ~30%
Wages: $14,000 per week
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Lease Details

Outside Site Rent: $5,357 + GST
Inside Lobby Rent: $1,733 + GST
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Business Highlights

Two prime locations within the same building– dominate foot traffic and eliminate competition
Positioned in Sydney CBD’s most prestigious precinct
Located within iconic office towers with strong long-term growth potential
Beautiful, recently upgraded fit-out – no further capital investment required
Strong coffee sales: 80kg+ per week
Fully operational, streamlined setup
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Trading & Opportunity

Currently trading Monday to Friday, 7:00am – 4:00pm only
Significant upside through:
o Afternoon / evening trade

o Weekend opening

o Corporate catering & events

Ideal for a hands-on experienced operator to unlock full potential
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Additional Value

Building currently has vacancies following major tenant movement, offering strong upside as occupancy returns
Located in one of Sydney’s most desirable business districts
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Reason for Sale

Owner managing multiple businesses and unable to focus on further growth.

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Opportunities of this calibre in such a tightly held CBD location are extremely rare.

Experienced operators only. Enquire now for more information.

TURNOVER: $46,000

PROFIT: $10,000 – $12,000

LEASE: 5 Years

RENT: $7,090 + G S T

WAGES: $13,800

STAFF: 2 Full Time, 11 Casual

TRADING: Monday – Friday 7.00am – 4.00pm

Agent GE Real Estate & Business Agents

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