Cafe – Takeaway – Under Management

For Sale

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Lower North Shore

Business Code: M2232

$180,000.00
+ Estimated Stock (SAV) $4000
Key Features: Perfect location in affluent area. Spacious and nice looking shop. Low rent. huge growth potential with experienced and passionate operator. Well priced to sell.
State: NSW
Suburb: Hunters Hill
Location: Prime location in small shopping village in affluent area of North Shore.
Premises: Modern and unique designed cafe with an area approx. 200 m2 with large seating area and large commercail kitchen.
Price not disclosed

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Family reasons

Sale Reason

Many years

Established

2 parking at rear.

Parking

Fully under management with 10 full time, part-time and casual staff.

Employees

7 days - Monday to Friday: 7 am to 3 pm. Saturday & Sunday: 7:30 am to 3 pm.

Trading Hours

5 years commenced November 2022. CPI increases. 3 months bond. Long lease can be negotiable with landlord.

Lease

Cafe / takeaway serving 25 kgs of premium coffee, home made pastries and offering tasty breakfast and lunch menu. Welcome and relaxing atmosphere. Comfortable seats 50 inside and 6 outside. Full kitchen. The profit shown is based on a full time owner working in the business to reduce staff wages, current wages are $5000 per week without owner working.

Features

Perfect location in affluent area. Spacious and nice looking shop. Low rent. huge growth potential with experienced and passionate operator. Well priced to sell.

Potential

Promote local marketing. Could add home delivery. Could open for dinner to increase sales. A hands on motivated owner full time working in the business could save wages and make more profit.

Comments

A good cafe in a good area. Current owner can not speak good English, the business is run by staff and caused high wages. The business takings were $25,000 p.w. before Covid 19. Huge growth potential to return to previous thriving business. Don't miss this good buy opportunity.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$12000
Cost of Goods
$3450
Gross Profit
$8550
Rent
$1440
Wages
$3500
Telephone
$20
Insurance
$70
Electricity
$300
Misc 1
$100
Total Expenses
$5695
Estimated Stock
(Additional)
$4000
Net Profit
$2855
Price
$180,000.00
+ Estimated Stock (SAV) $4000
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