Cafe -Takeaway – Freehold Available

For Sale

·
Upper North Shore

Business Code: FN1366

$260,000
+ Estimated Stock (SAV) $5000
Key Features: Strong local following - High Google rating - Easy customer access and excellent visibility - Freehold purchase option available.
State: NSW
Suburb: Normanhurst
Location: Prime street front location directly opposite railway station situated in a high growth Upper North Shore residential area.
Premises: Total property area of approx. 196 sq. mts. with the cafe occupying approx. 77 sq.mts. including full equipped commercial kitchen, exhaust & grease trap, cool room, storage room.

Vendor pursuing another venture.

Sale Reason

2021

Established

2 spaces

Parking

1 owner + 2 fulltimers + 2 casuals

Employees

6 days - Monday to Saturday: 6 am to 3 pm.

Trading Hours

5 + 5 new lease available- 3 months bond- CPI increases.

Lease

Well known local cafe operating as a breakfast, brunch and takeaway venue serving a modern cafe menu including eggs on toast and classic breakfast plates, bacon, egg and hash rolls and breakfast wraps, burgers including cheeseburger and Korean fried chicken burger, fish & chips and wedges, philly cheesesteak sandwiches, chicken and roast pumpkin salad.The cafe also sells specialty coffee with approx. 40 kgs. of coffee beans per week, attracting regular commuters and local residents. 22 seats inside – rear undercover outdoor seating area 18 seats.

Features

Strong local following - High Google rating - Easy customer access and excellent visibility - Freehold purchase option available.

Potential

Increase social media marketing - Target nearby schools and local residents - Extend trading hours to increase sales - Potential to introduce dinner service- Suitable for chef / barista couple or hospitality investor.

Comments

Rare opportunity to secure a well established cafe business in a tightly held Upper North Shore location. The cafe business is available for sale separately at $300,000, while purchasers also have the option to acquire the freehold property together with the business for $2,800,000.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$19000
Cost of Goods
$5600
Gross Profit
$13400
Rent
$2000
Wages
$4000
Telephone
$20
Insurance
$30
Electricity
$100
Total Expenses
$6400
Estimated Stock
(Additional)
$5000
Net Profit
$7000
Price
$260,000
+ Estimated Stock (SAV) $5000
Price
$260,000
+ Estimated Stock (SAV) $5000
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