Cafe – Takeaway

For Sale

·
City Fringe

Business Code: M2136

$220,000.00
+ Estimated Stock (SAV) $4500
Key Features: Perfect location. - Well established. - Regular customers. - Long lease. - Stable income. - Upmarket cafe. - Great growth potential.
State: NSW
Suburb: Newtown
Location: Corner position on main shopping street next to Sydney University department in City Fringe
Premises: Well presented cafe with an area approx. 70 m2.
Price not disclosed

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Other business commitments.

Sale Reason

No year data

Established

Street parking

Parking

One owner plus 4 staff

Employees

7 days, Monday to Friday: 7 am to 3 pm. Saturday: 7:30 am to 3 pm. Sunday: 8 am to 3 pm.

Trading Hours

5 + 5 years lease commenced Nov. 2021. 4% increases. - 3 months bond.

Lease

Cafe / takeaway serving an average of 35 kgs premium coffee p.w., tea, cakes, fresh squeezed juices, smoothies, house made chilled drinks and offering a tasty breakfast & lunch menu. – Fully equipped kitchen.- 35 seats inside and outside.

Features

Perfect location. - Well established. - Regular customers. - Long lease. - Stable income. - Upmarket cafe. - Great growth potential.

Potential

Could add home delivery through internet orders.- Add catering business to surrounding offices. - The more students and staff coming back in University the more income in the cafe when the market recovers.

Comments

Misc.- 1-Water bill. - Misc.- 2 - Rubbish and bank fees. - A great business in great location. - A must to inspect.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$14000
Cost of Goods
$4500
Gross Profit
$9500
Rent
$1346
Wages
$3000
Telephone
$20
Insurance
$59
Electricity
$170
Misc 1
$75
Misc 2
$250
Total Expenses
$5020
Estimated Stock
(Additional)
$4500
Net Profit
$4480
Price
$220,000.00
+ Estimated Stock (SAV) $4500
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