Cafe- Espresso Bar- Takeaway

For Sale

·
Lower North Shore

Business Code: M2278

$150,000
+ Estimated Stock (SAV) $3000
Key Features: Good location.- Long established. Stable income.- Same owner 18 years.-Short trading days and hours.- New 10 years available. Great growth potential.
State: NSW
Suburb: North Sydney
Location: Great location under large office building in Lower North Shore business centre.
Premises: Modern designed and well presented shop with an area approx. 80 sqm with commercial kitchen plus 25 sqm exclusive outside seating area.

Needs a break after 18 years running the business.

Sale Reason

One owner plus 1 chef + 1 kitchen hand + 1 waitress. Total wages includes super.

Employees

5 days - Mon - Fri. - 6:30 a.m. - 3 p.m.

Trading Hours

Current lease expires Aug. 2028. - A new 5 + 5 year lease is available. -4% annual increases - Bond is 3 or 6 months depending on the qualifications of the new tenant.

Lease

Cafe-espresso bar selling 25-30 kgs premium coffee p.w. and serving delicious breakfast and lunch menu including bacon and eggs brekkie, smoked salmon and eggs benedict, burgers, wraps and salads etc. Well equipped kitchen with all modern facilities include ample freezer and fridge capacity.- 25 seats inside and 25 seats outside. – Newly painted shop Own coffee and grinder machine with cheap coffee beans orders. The takings includes two companies regular orders and the bill is paid monthly.

Features

Good location.- Long established. Stable income.- Same owner 18 years.-Short trading days and hours.- New 10 years available. Great growth potential.

Potential

Promote local market. - Extend catering business to surrounded office buildings. - Add hot food on hot food bar in the shop ( currently the hot bar is closed ). Ideal for family business and first business buyers.

Comments

The rent includes all outgoings and outside seating area licence fee. - Insurance $110 includes business insurance and workers cover. A well located and great looking cafe with tremendous growth potential. Same owner since 2008. Well priced for quick sale. the vendor will consider all reasonable offers. All figures will be reviewed on meeting. Inspection is highly recommended. Please be discreet when visiting the business.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$2650
Gross Profit
$7350
Rent
$1679
Wages
$2991
Insurance
$110
Electricity
$200
Total Expenses
$5015
Estimated Stock
(Additional)
$3000
Net Profit
$2335
Price
$150,000
+ Estimated Stock (SAV) $3000
Price
$150,000
+ Estimated Stock (SAV) $3000
Contact Us

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