Cafe – Takeaway

For Sale

·
City Fringe

Business Code: G1796

$100,000.00
+ Estimated Stock (SAV) $2500
Key Features: Well positioned in growth area. Good exposure on busy road. First rate fit out with separate coffee, food prep areas. New (concrete) floor, new ceiling.
State: NSW
Suburb: Alexandria
Location: Good City fringe location in a growth area with good foot traffic to and from Technology Centre and Redfern station.
Premises: Small but easily accessible site with an area of 70 sq mts. Two separate customer entrances. Indoor and outdoor seating with long standing footpath DA. External awning added in past 2 years.
Price not disclosed

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Retirement.

Sale Reason

2020

Established

Street parking.

Parking

1.5 full time (owners). 4-5 casuals. No staff transfers can be guaranteed.

Employees

7 days - 7 am to 2 pm weekdays and 8 am to 3 pm. on weekends.

Trading Hours

The vendor also owns the freehold and is willing to provide a new 3 + 3 year lease (option period could be negotiated). 3 months bond. CPI annual increases.

Lease

Cafe – takeaway with an all-day breakfast, brunch and lunch menu plus 12 kgs.coffee & cold drinks. New (concrete) floor, new ceiling. New electricals and plumbing throughout incl grease trap and exhaust fan. All equipment is less than 5 years old. – Early morning and lunchtime trade is particularly good with “tradies” and teaching staff from school. – Recent fit out in 2020.- 26 seats inside – 24 seats outside.

Features

Well positioned in growth area. Good exposure on busy road. First rate fit out with separate coffee, food prep areas. New (concrete) floor, new ceiling.

Potential

Could expand the outdoor seating. Fine tune menu offerings. Maybe add alcohol. Maybe add more emphasis on weekend offerings.

Comments

Please note that this business is not being sold on figures. Great opportunity for entrepreneurial operator to take over a well established and well located cafe / restaurant on a WIWO basis buying for the value of the equipment only. Significant upside for an operator able to exploit an increasingly sophisticated market in a gentrifying area.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8000
Cost of Goods
$3000
Gross Profit
$5000
Rent
$1000
Wages
$2000
Insurance
$50
Electricity
$250
Total Expenses
$3400
Estimated Stock
(Additional)
$2500
Equipment
(Included)
$100000
Net Profit
$1600
Price
$100,000.00
+ Estimated Stock (SAV) $2500
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