Cafe – Takeaway

For Sale

·
City Fringe Sydney

Business Code: F3511

$70,000
+ 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.

Other business interests

Sale Reason

2020

Established

Street parking only

Parking

Two family members plus casuals as required.

Employees

7 days - 8 am to 2 pm

Trading Hours

The current lease expires 05.02.2028 with a further 3 year option - 2% annual rental increases including the option period - Bond 3 months’ rent plus GST on that amount, being $12,155.00

Lease

Cafe – takeaway with an all-day breakfast, brunch and lunch menu plus 12 kgs.coffee & cold drinks. Selling wraps, sandwiches, salads, burgers, tacos and children’s meals. 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. The following equipment will be included in the sale – double door fridge, single door fridge, commercial dishwasher, camera CCTV system under counter fridge, under counter freezer. Coffee machine can be negotiated based on maintaining supply with the same coffee supplies.The business is sold on a walk-in walkout basis.

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. - Misc.-1 - gst and accountant fees and other misc. items.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8000
Cost of Goods
$3000
Gross Profit
$5000
Rent
$867
Wages
$2000
Telephone
$20
Insurance
$50
Electricity
$250
Misc 1
$213
Total Expenses
$3500
Estimated Stock
(Additional)
$2500
Net Profit
$1500
Price
$70,000
+ Estimated Stock (SAV) $2500
Price
$70,000
+ Estimated Stock (SAV) $2500
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