Cafe – Takeaway – Middle Eastern Cuisine

For Sale

·
Wollongong/Illawarra Area

Business Code: CB1442

$150,000.00
+ Estimated Stock (SAV) $10000
Key Features: Strong local support. Prime location. Good lease and rent. Attractive premises. Has DA for 24 hour opening on weekends.
State: NSW
Suburb: Wollongong
Location: Prime main road frontage, in South Coast city, in heart of entertainment precinct.
Premises: Newly refurbished premises with attractive ambiance and well planned food preparation and sales areas with an area of 85 sq. mts. - Rear entrance available.
Price not disclosed

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Pursue other business opportunities.

Sale Reason

1959

Established

Marked street parking and 1 dedicated business space

Parking

1 owner + 2 casuals.

Employees

7 days, Monday, Thursday & Sunday: 11.00 am to 11.00 pm. Friday: 11.00 am to 3.00 am. Saturday: 11.00 am to 5.00 am.

Trading Hours

Current lease expires October 2026 + 3 years option. CPI Increases. Bond 3 months.

Lease

Cafe-takeaway with a strong emphasis on Middle Eastern cuisine. Popular menu features many specialties including shawarma plates, falafel, kebabs, cold mazze, salads, burgers, grilled skewers and family deals. Good selection of beverages and cold drinks. Kitchen well equipped and very functional with 4 fridges, 2 freezers, 6 burner stove, grill and 2 kebab machines, hot and cold display counters are prominent. One of two night clubs is located on the upper level of the building, with the other club opposite, which results in very strong early morning trade on weekends. Menulog, Ubereats and Doordash are available.

Features

Strong local support. Prime location. Good lease and rent. Attractive premises. Has DA for 24 hour opening on weekends.

Potential

Obtain liquor license. Target social media.

Comments

Misc. 1 = Cleaning and trade waste, Misc. 2 = Merchant fees. 2 Group coffee machine and grinder owned by vendor. Drinks fridge remains property of supplier. CCTV security installed.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$2600
Gross Profit
$7400
Rent
$640
Wages
$2400
Telephone
$20
Insurance
$55
Electricity
$225
Misc 1
$90
Misc 2
$75
Total Expenses
$3505
Estimated Stock
(Additional)
$10000
Equipment
(Included)
$30000
Net Profit
$3895
Price
$150,000.00
+ Estimated Stock (SAV) $10000
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