Cafe – Takeaway

For Sale

·
City Fringe

Business Code: G1806

$499,000
+ Estimated Stock (SAV) $5000
Key Features: Well established business. - Regular local clientele. - Good profitability - Good long lease - Dominant position - Attractive operating hours - Limited competition.
State: NSW
Suburb: Woolloomooloo
Location: Well located on a busy City Fringe street and close to Naval Base, commercial area and International School.
Premises: This cafe has an area of 92 sq mts and is filled with light, lots of greenery / plants and Sydney Harbour outlook
Price not disclosed

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Owners are wanting to relocate overseas.

Sale Reason

2016

Established

Lots of street parking.

Parking

2 owners + 1 chef + 1 barista + 1 sandwich maker + 1 juicer / coffee hand

Employees

5.5 days - Monday - Friday - 6 a.m - 2:30 p.m and Saturday -8 a.m - 12:30 p.m

Trading Hours

5 year + 5 year lease commenced Oct, 2022 - 3 months bond - 5% annual Increases.

Lease

Cafe – takeaway selling 40 – 45 kgs. coffee p.w. serving wide selection of tasty food for breakfast and lunch which includes a big breakfast offering including granola, berry chia super bowl, acai bowl, french toast, avocado & tomato on toast, croque monsieur or madame, eggs cooked anyway you like with sourdough toast, eggs benedict . Lunch consists of a range of gourmet baguettes & a range of salads plus smoothies, frappes, fresh juices, cold drinks and a range of coffee & teas, pastries & cakes – 34 seats inside and 12 seats outside.

Features

Well established business. - Regular local clientele. - Good profitability - Good long lease - Dominant position - Attractive operating hours - Limited competition.

Potential

Plenty of potential to open for 7 days and possible to increase revenue by an extra $3K per week. - Potential to not close the business for 3 weeks holidays each year.

Comments

This owner closes the business for 3 weeks a year for annual holidays in January. Please note owners wages of $1000 pw is not included in wages. - Misc.- 1 - average BAS payments wkly.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$24000
Cost of Goods
$6900
Gross Profit
$17100
Rent
$2328
Wages
$6585
Telephone
$25
Insurance
$75
Electricity
$233
Misc 1
$690
Total Expenses
$10064
Estimated Stock
(Additional)
$5000
Net Profit
$7036
Price
$499,000
+ Estimated Stock (SAV) $5000
Price
$499,000
+ Estimated Stock (SAV) $5000
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