Cafe – Takeaway

For Sale

·
Eastern Suburbs

Business Code: G1807

$495,000
+ Estimated Stock (SAV) $5000
Key Features: Well established business. - Long lease and reasonable rent. - Plenty of storage. - Fully equipped kitchen. - Wide choice of well-priced menu options. - Good profitability - Dominant corner position .
State: NSW
Suburb: Kensington
Location: Well located in the Eastern Suburbs on a busy main road and close to, University, Randwick Racecourse & residential area.
Premises: This business has an area of approx. 120 sq mts with fully equipped kitchen, walk in cool room, large storage area, toilets.
Price not disclosed

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After 10 years owner wants to relocate closer to family.

Sale Reason

2015

Established

2 owners car spaces + street parking

Parking

1 owner + 4 staff

Employees

7 days - Monday to Friday: 6 am to 2 pm. Saturday & Sunday: 7 am to 2 pm.

Trading Hours

5 year + 5 year lease commenced Ma, 2023. - 3 month bond. - 3% annual Increases.

Lease

Well established cafe & takeaway selling approx. 25 kgs. coffee p.w. serving a wide selection of breakfast rolls & wraps, eggs any way, toasties, pancakes & an assortment of healthy smoothies and assorted cold and hot beverages. Lunch offers a range of burgers, gourmet sandwiches, rolls & wraps plus an offering of steak, lamb cutlets, chicken schnitzel & barramundi with chips & salad. – Indoor seating for 45 & 8 outside.

Features

Well established business. - Long lease and reasonable rent. - Plenty of storage. - Fully equipped kitchen. - Wide choice of well-priced menu options. - Good profitability - Dominant corner position .

Potential

There is a large number of students living in the area and there is potential to open longer hours and evenings for dinner trade. - Could do more marketing aimed at the local student population.

Comments

Miscel - 1 - BAS & Super

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$17135
Cost of Goods
$5840
Gross Profit
$11295
Rent
$1730
Wages
$3406
Telephone
$20
Insurance
$86
Electricity
$500
Misc 1
$924
Total Expenses
$6866
Estimated Stock
(Additional)
$5000
Net Profit
$4429
Price
$495,000
+ Estimated Stock (SAV) $5000
Price
$495,000
+ Estimated Stock (SAV) $5000
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