Restaurant – Cafe – Takeaway – Italian Cuisine

For Sale

ยท
South Sydney

Business Code: SF1584

$348,000.00
+ Estimated Stock (SAV) $8000
Key Features: Great location - Well established - Local favourite - Full stainless steel kitchen fit out - Low rent - Wide footpath and good alfresco seating area - In a shopping village
State: NSW
Suburb: Gymea
Location: Situated in a busy shopping village strip with cafes, retail, restaurants and close to the train station on a busy main road in the South of Sydney
Premises: Single storey cafe on shopping strip with alfresco dining and wide street pavement, plenty of parking and an area of 209 m2
Price not disclosed

No data

ยท

No data

ยท

No data

Family reasons

Sale Reason

2005

Established

2 parking spaces

Parking

2 owners (Wages shown in profit) + 1 apprentice + 1 part time +. 4-6 casuals

Employees

5 days - Tues. - Thurs. - 6 p.m. - 10 p.m and Fri. & Sat. - 6 p.m. - 11 p.m. -Lunch Fri, Sat and Sun 8 am - 3 pm

Trading Hours

Current lease expires Sept. 2022 + 5 + 3 year option - CPI yearly increases - 3 month bond

Lease

Cafe – Restaurant – Takeaway and currently serving fresh Italian food including pastas, salads, seafood, steaks, desserts, cold drinks and coffee. – Fully licensed with an on premise license – Fully equipped and modern kitchen – 60 seats inside and 40 alfresco seats outside – New renovation with coffee area completed and the business now open for day trade as well from February 2022 – Equipment list available

Features

Great location - Well established - Local favourite - Full stainless steel kitchen fit out - Low rent - Wide footpath and good alfresco seating area - In a shopping village

Potential

Could open more hours - Vendor has already started to build up the coffee and takeaway side of the business - Increase social media presence - Suit any cuisine.

Comments

Misc.- 1 - Other general expenses and GST.- The coffee machine is owned by the vendor - First time on the market in 10 years. Vendor has already started to build up the coffee and takeaway side of the business -

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18500
Cost of Goods
$5300
Gross Profit
$13200
Rent
$932
Wages
$3500
Telephone
$20
Insurance
$173
Electricity
$250
Misc 1
$1100
Total Expenses
$6167
Estimated Stock
(Additional)
$8000
Net Profit
$7033
Price
$348,000.00
+ Estimated Stock (SAV) $8000
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