Restaurant- Cafe

For Sale

·
Upper North Shore

Business Code: FN1309

$1,200,000
+ Estimated Stock (SAV) $15000
Key Features: Prime location with high foot traffic- Wide selection of popular Australian and Asian fusion dishes- Stylish and modern fit-out in excellent condition- Strong online reviews and loyal customer base. Turnkey operation - nothing more to spend
State: NSW
Suburb: Hornsby
Location: Premium position at the outside entrance of a major shopping centre in Sydney's Upper North Shore having excellent visibility, signage exposure, and easy customer access
Premises: Spacious and beautifully designed cafe / restaurant with 340 sqm of total space with fully equipped kitchen, large dining area, and outdoor seating area
Price not disclosed

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Opening new restaurant

Sale Reason

03/2019

Established

Shopping centre car parking

Parking

Under full Management - 12 full timers + 5 part timers + 6 casuals.

Employees

7 days - Monday to Sunday: 7:00 am to 9:30 pm.

Trading Hours

9 year lease commenced March 2019 - 4-month bond - 4% annual rent increases (CPI linked)

Lease

Fully licensed cafe and restaurant serving a wide range of dishes for breakfast, lunch, and dinner. Popular menu items include salted caramel French toast, dry-aged Wagyu steaks, vibrant Asian fusion cuisine, Margherita pizza, pork ribs, Aussie Wagyu beef burgers with chips, seafood marinara spaghettini, olive pasta, and more. – The business averages coffee sales of 55kgs. per week, and offers 56 indoor seats and 40 outdoor seats. Liquor license valid until 11:30 p.m.. State-of-the-art modern fit-out with no further investment required. – Please be discreet when visiting – do not approach staff or owners-Rare opportunity to acquire one of Sydney’s best-performing cafe/restaurants

Features

Prime location with high foot traffic- Wide selection of popular Australian and Asian fusion dishes- Stylish and modern fit-out in excellent condition- Strong online reviews and loyal customer base. Turnkey operation - nothing more to spend

Potential

Ideal for an experienced owner-operator looking to improve profit margins-Opportunity to expand catering services -Potential to boost sales through local marketing and a stronger social media presence

Comments

Operates under a licensed brand name (3 venues in Sydney under the same branding)- Coffee machine, milk fridge, and drink fridge are owned by the coffee supplier, pizza fireplace is owned by the business- Rent includes outgoings and marketing fees- Sales are steadily growing-Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydney's best-performing cafe/restaurants

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$75000
Cost of Goods
$22000
Gross Profit
$53000
Rent
$5190
Wages
$18350
Insurance
$57
Electricity
$1700
Misc 1
$150
Total Expenses
$26000
Estimated Stock
(Additional)
$15000
Net Profit
$27000
Price
$1,200,000
+ Estimated Stock (SAV) $15000
Price
$1,200,000
+ Estimated Stock (SAV) $15000
Contact Us

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