Cafe – Takeaway

For Sale

·
South West Sydney

Business Code: G1787

$520,000.00
+ Estimated Stock (SAV) $10000
Key Features: Well established. This cafe has been in the same family for 32 years. Prime location. Huge passing foot traffic. Famous for its pancakes & waffles. Recent renovation.
State: NSW
Suburb: Bankstown
Location: Situated in a prime location in a very busy shopping centre next to major supermarket and fruit market in South West Sydney.
Premises: This cafe has an area of 95 sq mts and had a full renovation only 18 months ago which cost $420,000.
Price not disclosed

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After 8 years the 2 partners wish to go separate ways.

Sale Reason

32 years

Established

Shopping centre parking

Parking

1 owner + 3 / 4 kitchen staff + 3 /4 wait staff

Employees

7 days - Monday to Saturday: 8.30 am to 5.30 pm. Thursday: 8.30 am to 9 pm & Sunday: 9.30 am to 4 pm.

Trading Hours

Current 7 year lease expires October 2029. - 3 months bond. - 5% annual increases.

Lease

Cafe – takeaway well located in a very busy shopping centre selling 30 kgs of coffee p.w. with an all-day breakfast and lunch menu including their famous waffles & pancakes. The cafe also has a section devoted to kitchen / pantry retail providing an additional revenue stream. – 60 seats inside and 12 seats outside

Features

Well established. This cafe has been in the same family for 32 years. Prime location. Huge passing foot traffic. Famous for its pancakes & waffles. Recent renovation.

Potential

There is the potential to increase sales by being more active with social media and marketing of home & office deliveries with uber eats & other delivery services. Could increase revenue through improving the range of pantry & kitchen gift products.

Comments

Please note there is a walk in cool room & walk in freezer & storage room located in the downstairs loading dock. Perfect business for family run or could be run under management. The one owner that currently manages the cafe would be willing to stay on as manager for any potential investor.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$29097
Cost of Goods
$8984
Gross Profit
$20113
Rent
$3375
Wages
$9369
Telephone
$26
Insurance
$35
Electricity
$327
Total Expenses
$13201
Estimated Stock
(Additional)
$10000
Equipment
(Included)
$270000
Net Profit
$6912
Price
$520,000.00
+ Estimated Stock (SAV) $10000

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