Cafe – Takeaway – Espresso – Under management

For Sale

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Lower North Shore

Business Code: PM1027

$149,000.00
+ Estimated Stock (SAV) $3000
Key Features: A great opportunity to own an established cafe with great turnover. - Regular customers - Popular local destination.
State: NSW
Suburb: Cammeray
Location: Great location in Lower North Shore amongst other shops with lots of passing traffic.
Premises: Fantastic fit-out valued at $50,000. Cute art deco cafe with nice integration of greenery and quality fittings and an area of 30 sq. mts.
Price not disclosed

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Other business interests

Sale Reason

June 2018

Established

Plenty of street parking

Parking

Cafe operates with one and half staff members each day using 3 casuals on weekly basis - Run under full management

Employees

7 days - Monday to Saturday: 7 am to 3 pm. Sunday: 7 am to 2 pm.

Trading Hours

Current lease expires November 19th, 2027 - 3.5% increases per year. 3 months bond

Lease

Cafe – takeaway which is renowned for its delicious food and selling 35 kgs of great Campos coffee p.w. Serving simple and tasty breakfast and lunch menu. Also sells cold drinks, milkshakes, smoothies and freshly squeezed juices. – 15 seats – manager salary is in the wages – New owners will need to change the name of the Cafe.

Features

A great opportunity to own an established cafe with great turnover. - Regular customers - Popular local destination.

Potential

Ideal family business to save on wages and increase profit. Enhance social media presence

Comments

Equipment includes: 1 tall display cabinet, 1 drinks fridge, 1 milk fridge, 1 x 2 door under bench fridge, 1 Roband sandwich press, 1 blender, 1 milkshake machine,1 induction cooktop & 1 glass washer. Coffee machine and grinder are rented and owned by the coffee supplier under agreement.- Misc.-1- Security, rubbish & pest control.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8000
Cost of Goods
$1900
Gross Profit
$6100
Rent
$498
Wages
$2400
Telephone
$20
Insurance
$60
Electricity
$134
Misc 1
$200
Total Expenses
$3312
Estimated Stock
(Additional)
$3000
Equipment
(Included)
$50000
Net Profit
$2788
Price
$149,000.00
+ Estimated Stock (SAV) $3000
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