Cafe-Takeaway-Freehold Available

For Sale

·
Western Suburbs

Business Code: M2182

$220,000.00
+ Estimated Stock (SAV) $4000
Key Features: Perfect location. Great looking cafe. Quality fit out. Regular customers. 5 days trading. Reasonable rent with long lease offering. Great growth potential. Freehold opportunity.
State: NSW
Suburb: Parramatta
Location: Prime street front location surrounded by office buildings and residential apartments in Western Suburbs
Premises: Modern designed with spacious coffee bar and food service counter and full kitchen and store room in total area approx. 200 sq.mts.
Price not disclosed

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Family reasons.

Sale Reason

2014

Established

2 parking spaces under building.

Parking

One owner plus 2 full-timers and 1 casual.

Employees

5 days, Monday to Friday: 6:30 a.m to 2:30 p.m.

Trading Hours

Owner is landlord. Will offer 5 + 5 years lease. - 3% annual rental increases. 3 months bond.

Lease

Cafe serving 25 kgs of premium coffee p.w. and offering healthy and tasty breakfast and lunch menu including bacon & egg rolls, gourmet sandwiches and wraps, burgers and pasta etc. Full commercial kitchen. 60 seats indoors.

Features

Perfect location. Great looking cafe. Quality fit out. Regular customers. 5 days trading. Reasonable rent with long lease offering. Great growth potential. Freehold opportunity.

Potential

Could open 7 days to cater to surrounding residents. Could add home delivery through internet platforms. Promote local marketing to increase sales.

Comments

Freehold ( strata title property ) is available for sale, asking price $1.5 million. Gross rental return 5.2%. The rent of $1500 includes all outgoings (strata $950/quarter, council rates $190/quarter, water rates $400/quarter and parking levy $950/year). Option to buy the business only or buy the business and property together. - Inspection is highly recommended.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$12000
Cost of Goods
$3500
Gross Profit
$8500
Rent
$1500
Wages
$3000
Telephone
$20
Insurance
$60
Electricity
$250
Total Expenses
$4880
Estimated Stock
(Additional)
$4000
Net Profit
$3620
Price
$220,000.00
+ Estimated Stock (SAV) $4000
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