Cafe – Espresso Bar – Takeaway

For Sale

·
City fringe Sydney

Business Code: M2234

$160,000.00
+ Estimated Stock (SAV) $4000
Key Features: Perfect location. No direct competition. Regular customers . Local favourite cafe. Long lease with reasonable rent. Well priced for quick sale.
State: NSW
Suburb: Glebe
Location: Prime location under commercial building surrounded by companies and group of high rise apartments in City Fringe opposite a large green park.
Premises: Modern designed and well presented cafe with an area approx. 45 m2 plus outside seating area.
Price not disclosed

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Needs to finish Tafe course.

Sale Reason

2019

Established

No parking data

Parking

One owner ( working 3-4 days and other days Tafe study ). plus 5 casual staff.

Employees

7 days - Monday to Friday: 7 am to 2:30 pm. Saturday & Sunday: 8 am to 2 pm.

Trading Hours

5 + 5 years lease commenced November 2023. - 4% annual increases. - 6 months bond.

Lease

Cafe / takeaway serving 25 kgs of premium coffee p.w. and offering a variety of breakfast and lunch menu including avocado toast, eggs benedict, sandwiches and burgers etc. It is a modern and cozy atmosphere with indoor and outdoor seating options. The business set up cost was around $250k in year 2019. Currently added new ice machine, toast machine and deep fry machine. – 32 seats

Features

Perfect location. No direct competition. Regular customers . Local favourite cafe. Long lease with reasonable rent. Well priced for quick sale.

Potential

Could add home delivery. Promote local marketing. A full time owner operator could increase sales and make more profit.

Comments

Misc.- 1- Refers to bank fee and rubbish bill. A great and profitable local cafe in Inner City area. A must to inspect.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$11000
Cost of Goods
$3700
Gross Profit
$7300
Rent
$1500
Wages
$2100
Telephone
$20
Insurance
$42
Electricity
$180
Misc 1
$150
Total Expenses
$4150
Estimated Stock
(Additional)
$4000
Net Profit
$3150
Price
$160,000.00
+ Estimated Stock (SAV) $4000
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