Cafe – Takeaway

For Sale

·
Inner West

Business Code: M2218

$400,000.00
+ Estimated Stock (SAV) $5000
Key Features: Long and well established for many years. - One of Sydney internet celebrity cafes with tasty food and high quality coffee. - Loyal customers from local and other areas. - Low rent with long lease. - Stable income and profit. - Growth potential.
State: NSW
Suburb: Ashfield
Location: Situated on a corner in a residential area in Inner West suburb close to famous private school.
Premises: Well presented and relaxing atmosphere cafe with light filled dining room in an area approx. 120 m2 including cool room and storage area.
Price not disclosed

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Family reasons.

Sale Reason

Many years

Established

Free street parking

Parking

Two owners plus 2 full-timers + 5-6 casuals.

Employees

7 days - Monday to Friday: 7 am to 3 pm. Saturday & Sunday: 8 am to 3 pm. Closed public holidays and 2 weeks Xmas holidays.

Trading Hours

5 + 5 years lease commenced March 2023. - 3% annual increases. - 3 months bond.

Lease

Cafe – takeaway selling 30-35 kgs premium coffee, home made pastries, burgers, fresh juices, smoothies, kids meal etc. also offers selection of delicious breakfast and lunch menu. Open plan kitchen. 36 seats inside and 26 seats outside. Busy trading times are weekends. Established many years and has become a local favourite cafe with high reputation.

Features

Long and well established for many years. - One of Sydney internet celebrity cafes with tasty food and high quality coffee. - Loyal customers from local and other areas. - Low rent with long lease. - Stable income and profit. - Growth potential.

Potential

Could open dinner or trade special family/school functions and birthday parties etc. Add home delivery. Promote marketing. Ideal for family business.

Comments

The rent includes outgoings. Misc.- 1-Refers to bank fees, water usage and rubbish bill. - Net profit includes the owners wage of $2542. This well known cafe is a champion of Inner West Sydney cafe scene. A life style business offering a great investment opportunity. Don't miss out.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18500
Cost of Goods
$5200
Gross Profit
$13300
Rent
$880
Wages
$4880
Telephone
$20
Insurance
$90
Electricity
$200
Misc 1
$300
Total Expenses
$6520
Estimated Stock
(Additional)
$5000
Net Profit
$6780
Price
$400,000.00
+ Estimated Stock (SAV) $5000
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