Cafe – Takeaway

For Sale

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Eastern Suburbs

Business Code: G1791

$115,000
Key Features: Great location. - Established business. -Regular clientele. - Consistent turnover. - Interesting ambience. - Easy to run.
State: NSW
Suburb: Paddington
Location: Prime main street location in affluent residential & shopping area of Eastern Suburbs.
Premises: This small French style cafe has an area of 40 sq mts and is attached to an Antique Gallery.
Price not disclosed

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Owner wants to concentrate on other core businesses.

Sale Reason

2021

Established

Street parking

Parking

1 Manager (Barista) + 1 full timer + 1 casual

Employees

7 days - 7:30 am to 4:00 pm

Trading Hours

The vendor owns the building and would be willing to provide a new long lease.

Lease

Cafe – takeaway selling 20 kgs. coffee per week, a range of croissants, a gourmet selection of baguettes, quiche, pastries & cakes plus a range of fresh juices, coffees, teas and sparkling water. Seating for 24 inside & 12 outside.

Features

Great location. - Established business. -Regular clientele. - Consistent turnover. - Interesting ambience. - Easy to run.

Potential

A new experienced owner operator could easily reduce COGs and reduce wages and increase profits. A new owner could increase trading hours to increase turnover.

Comments

The owner is willing to consider vendor finance (for an approved purchaser) for the sale price or part thereof in the form of a hire purchase arrangement where if they stay 5 years at the end of their lease they own the fit-out. The figures for this business are being shown as if being run by an owner operator.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$4000
Gross Profit
$6000
Rent
$1365
Wages
$1900
Telephone
$50
Insurance
$55
Electricity
$250
Misc 1
$75
Total Expenses
$3695
Net Profit
$2305
Price
$115,000
Price
$115,000
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