Cafe – Takeaway

For Sale

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Eastern Suburbs

Business Code: G1792

$160,000.00
Key Features: Well established business. - Well located on busy main road. - Outdoor seating is free of charge since they are under building complex. - Experienced chef has been with cafe for 15 years. - Long lease.
State: NSW
Suburb: Queens Park
Location: Prime location on a main road in the Eastern Suburbs close to schools and local court.
Premises: The premises includes 2 shops in a complex building (approx 150 sq mts) plus 2 storage areas, 2 toilets & 2 car parks.
Price not disclosed

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Owner is moving overseas.

Sale Reason

16 years

Established

Plenty of street parking

Parking

1 part time owner (2 days pw) + 4 full timers + 2 casuals

Employees

7 days - Monday to Friday: 7 am to 3.00 pm. Saturday and Sunday: 7 am to 2.30 pm.

Trading Hours

5 + 5 year lease commenced 2021 - 3 months bond & 3% annual increases.

Lease

Cafe that has been a local institution for more than 15 years. The business is an award winning cafe offering quality coffee and spectacular seasonal food. Organic and health-conscious all-day dining in a polished venue with murals and street-side tables. Seating for 40 inside & 20 outside.

Features

Well established business. - Well located on busy main road. - Outdoor seating is free of charge since they are under building complex. - Experienced chef has been with cafe for 15 years. - Long lease.

Potential

Huge potential for an experienced owner operator to increase sales back to Pre Covid figures (over $30K PW). - A motivated full time owner could reduce wages and increase profits

Comments

The figures for this business assumes that a full time owner operator has replaced one of the existing staff.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$15000
Cost of Goods
$3750
Gross Profit
$11250
Rent
$3000
Wages
$4660
Telephone
$25
Insurance
$120
Electricity
$250
Misc 1
$200
Total Expenses
$8255
Net Profit
$2995
Price
$160,000.00
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