Cafe – Espresso Bar – Takeaway – Low Rent

For Sale

·
Eastern Suburbs Sydney

Business Code: PM1087

$470,000
+ Estimated Stock (SAV) $3000
Key Features: Fantastic lease term with extremely low rent - Established loyal clientele - Very profitable
State: NSW
Suburb: Bondi Junction
Location: Established location at the bottom of an office building in bustling Bondi Junction. Surrounded by office and residential high-rises.
Premises: Small efficient easy to operate kitchen with a lovely alfresco setting for the patrons. Sliding power operated louver roof.

Retirement

Sale Reason

2008

Established

Street parking

Parking

2 owners - 1 full timer + 2 casuals

Employees

5 days - Monday to Friday: 6 a.m to 4 p.m

Trading Hours

Current lease commenced 01/10/24 - Expires 30/09/29 + 5 yr option - CPI Increases - Bond $6600. - Extremely low rent.

Lease

Espresso Cafe established 18 years ago and supported by a well-established strong local following. The business delivers consistent profits, driven by a fantastic low rent, with a long secure lease, making it an ideal opportunity for an owner-operator or experienced hospitality buyer.- The cafe offers a modern twist on classic cafe favourites, The comprehensive and simple breakfast menu offers all the popular egg dishes plus a variety of toasts, croissants, cereals and fruit bowls. All day menu also includes sweets and a large and excellent choice of sandwiches and wraps. Currently doing approximately 30 kgs of coffee per week – This cafe has 36 seat alfresco dining area.

Features

Fantastic lease term with extremely low rent - Established loyal clientele - Very profitable

Potential

Fantastic opportunities awaits - Could open on weekends - Extend existing hours - Obtain a Liquor Licence and commence evening trade - This cafe represents the ideal opportunity for energetic, experienced operators with new ideas that can bring this business to the next level.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$13000
Cost of Goods
$3900
Gross Profit
$9100
Rent
$464
Wages
$3700
Telephone
$12
Insurance
$23
Electricity
$140
Total Expenses
$4339
Estimated Stock
(Additional)
$3000
Equipment
(Included)
$50000
Net Profit
$4761
Price
$470,000
+ Estimated Stock (SAV) $3000
Price
$470,000
+ Estimated Stock (SAV) $3000
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