Cafe – Takeaway

For Sale

·
Eastern Suburbs

Business Code: G1807

$295,000
+ 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.

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 May, 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 - Owner will consider all offers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$15135
Cost of Goods
$4840
Gross Profit
$10295
Rent
$1730
Wages
$3406
Telephone
$20
Insurance
$86
Electricity
$500
Misc 1
$924
Total Expenses
$6866
Estimated Stock
(Additional)
$5000
Net Profit
$3429
Price
$295,000
+ Estimated Stock (SAV) $5000
Price
$295,000
+ Estimated Stock (SAV) $5000
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