Cafe – Takeaway- Freehold

For Sale

·
Upper North Shore

Business Code: FN1357

$2,800,000
+ Estimated Stock (SAV) $5000
Key Features: Freehold property included in the sale- Strong local following- High Google rating- Easy customer access and excellent visibility
State: NSW
Suburb: Normanhurst
Location: Prime street-front location directly opposite railway station, situated in a high-growth Upper North Shore residential area with strong local support and regular commuter traffic.
Premises: Total property area approx. 196 sqm with the cafe occupying approx. 77 sqm including:fully equipped commercial kitchen, exhaust & grease trap, cool room, storage room, rear undercover outdoor seating area

Vendor pursuing another venture

Sale Reason

2021

Established

2 spaces

Parking

1 owner + 2 full timers + 2 casuals

Employees

6 days - Monday to Saturday: 6:00 am to 3 pm.

Trading Hours

5 + 5 new lease available - 3 months bond - CPI increases

Lease

Rare opportunity to purchase both the freehold property and the established cafe business located directly opposite main railway station in Sydney’s Upper North Shore.This well-known local cafe operates as a breakfast, brunch and takeaway venue, serving a modern cafe menu including:eggs on toast and classic breakfast plates, bacon, egg & hash rolls and breakfast wraps, burgers including cheeseburger and Korean fried chicken burger, fish & chips and wedges, philly cheesesteak sandwiches, chicken and roast pumpkin salad.The cafe also sells specialty coffee with approx. 40 kg of coffee beans per week, attracting regular commuters and local residents. – The property overall is 196 sq.mts, has a rear street frontage, with the shops occupying approx. 77 sq.mts. It features a pet-friendly undercover outdoor seating area in the backyard with 18 outdoor seats and 32 indoor seats. The business operates with a full kitchen, including an exhaust and grease trap, cool room, storage room

Features

Freehold property included in the sale- Strong local following- High Google rating- Easy customer access and excellent visibility

Potential

Increase social media marketing- Target nearby schools and local residents- Extend trading hours to increase sales- Potential to introduce dinner service-Suitable for chef / barista couple or hospitality investor

Comments

Freehold opportunities in this location are extremely rare in Upper North Shore suburbs - The prominent main street location underpins the strong property value, with an owner/operator of the successful cafe ensuring a positive income. - The cafe business is available for sale on stand alone basis at a cost of $300k.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$17000
Cost of Goods
$5000
Gross Profit
$12000
Rent
$2000
Wages
$4000
Telephone
$20
Insurance
$30
Electricity
$100
Total Expenses
$6400
Estimated Stock
(Additional)
$5000
Net Profit
$5600
Price
$2,800,000
+ Estimated Stock (SAV) $5000
Price
$2,800,000
+ Estimated Stock (SAV) $5000
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