Cafe – Restaurant – Under Management

For Sale

·
Upper North Shore

Business Code: CB1543

$125,000
+ Estimated Stock (SAV) $5000
Key Features: Great location - Very strong local support - Noted for the high quality of staff service - Excellent ratings - Nicely balanced well priced new menu catering to all tastes.
State: NSW
Suburb: North Turramurra
Location: Prime location situated on busy main road in a popular shopping strip, with great village atmosphere on the Upper North Shore.
Premises: Two level premises of 124 sqm with a welcoming and vibrant atmosphere and featuring a unique balcony with a retractable roof.

Vendor concentrating on corporate career.

Sale Reason

2019

Established

Manager/ barista - Chef F/T - Sous chef P/T - 4 casuals.

Employees

7 days- Mon. - Thurs - 7.30 a.m. to 2.30 p.m. - Firday & Saturday 7.30 a.m. to 10.00 p.m. - Sun - 7.30 a.m. - 2.30 p.m.

Trading Hours

5 year lease commenced March, 2024 + 5 years option - CPI increases. - Bond 3 month bank guarantee.

Lease

Cafe, coffee shop, restaurant and bar well located in a popular shopping village and currently operating under management. The menu focuses on popular and proven choices, with all day breakfast options including a wide range of egg dishes, lunch menu including Korean Bulgogi beef, salads, pasta dishes, fish and chips and delicious burgers. The recently introduced dinner menu offers a broad range of entrees, mains and desserts at reasonable prices. The business is fully licensed with a selection of wines, beers, spirits and cocktails available. The premises have recently replaced all cutlery, and gas hot water and dishwasher have been upgraded. Kitchen is well equipped and maintained and includes a walk-in cool room – 60 seats – Licenced.

Features

Great location - Very strong local support - Noted for the high quality of staff service - Excellent ratings - Nicely balanced well priced new menu catering to all tastes.

Potential

Ideal for owner / operator or family,. Just re-opened for Friday / Saturday nights, with figures not yet included in financials.

Comments

Misc. -1-General expenses - Coffee machine remains the property of supplier - dog friendly - A wonderful opportunity for the astute buyer to purchase a well established profitable business,

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$13000
Cost of Goods
$2800
Gross Profit
$10200
Rent
$1325
Wages
$5300
Telephone
$20
Insurance
$20
Electricity
$230
Misc 1
$250
Total Expenses
$7295
Estimated Stock
(Additional)
$5000
Equipment
(Included)
$100000
Net Profit
$2905
Price
$125,000
+ Estimated Stock (SAV) $5000
Price
$125,000
+ Estimated Stock (SAV) $5000
Contact Us

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