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Iconic Secondhand Bookshop Café Bar In Sydney For Sale

GLEBE, New South Wales, Australia
Asking Price:
$500,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$500K - $2.5M (AUD)

The iconic Sappho Books business – comprising the Bookshop, Café & Bar and Da Capo Music Bookshop in Sydney’s inner west suburb of Glebe is being offered for sale for the first time.
Established in 1996, the business is thriving and successful and has solid and reliable figures. It has weathered the storm of COVID lockdowns and has satisfyingly bounced back after reopening.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

It has a lease of 3 years with an option to extend for a further 5. It has good and co-operative landlords, keen to keep the business in the premises.

Leasehold Rent:

$144,000 (AUD) per annum

Location:

It is located close to both Sydney University and UTS.

Premises Details:

The building is a late 19th C, two storey with 6 rooms occupied by the book shop, one for the cafe kitchen and one for the bar. The cafe eating is located in a large, attractive and leafy courtyard and side passage. The building has huge original character and charm.

Business Operation

Reasons for selling:

Retirement due to ill health.

Trading hours:

7 days

Employees:
16
Years established:
25

Other Information

Support & training:

Training by the owners in all aspects of running the business is available by negotiation.

Inventory / Stock value:
$100,000 (AUD) - included in the asking price
Website:
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