Cafe – Takeaway – Foyer Cafe – Espresso

For Sale

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Lower North Shore

Business Code: SF1540

$150,000
+ Estimated Stock (SAV) $5000
Key Features: Foyer cafe with two entrances - Lots of potential to increase sales - Easy to run - Nothing to spend - Good loyal clientele - Great position - 5 days - Modern fit out
State: NSW
Suburb: North Sydney
Location: Situated in a top position near the entrance to an office block and surrounded by retail and offices in the Lower North Shore.
Premises: Good modern and well designed cafe with two entrances, an open galley style kitchen and plenty of seating with an area of 60 sq. mts.
Price not disclosed

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Other business interests.

Sale Reason

2012

Established

Street parking

Parking

1 owner + 1 staff

Employees

5 days - Mon. - Fri. - 6.30 a.m. till approx 2 p.m.

Trading Hours

Lease expires Dec 2024 - 4% increases - 3 month bond

Lease

Cafe – Foyer Cafe – Takeaway – Restaurant selling 20- 23 kgs. coffee p.w. including breakfast, burgers, sandwiches, salads, wraps, pastries and cold drinks – A good size kitchen with an exhaust, no grease trap – 10 seats inside – 40 covered outside seats. – Full renovation over $90K in Jan 2020 – Pre Covid sales around $11K p.w.

Features

Foyer cafe with two entrances - Lots of potential to increase sales - Easy to run - Nothing to spend - Good loyal clientele - Great position - 5 days - Modern fit out

Potential

Could open weekends - Improve social media presence - Increase coffee sales - Obtain a liquor license (previously this business had a liquor licence) STA - Buildings will be renovated nearby next year

Comments

Misc. - 1 - Other general expenses + GST - 3 group coffee machine is owned by the coffee company - A well positioned foyer cafe - Full renovation over $90K in Jan 2020 and the foyer of the building also renovated - A must to inspect but please be discrete.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$6000
Cost of Goods
$1800
Gross Profit
$4200
Rent
$1456
Wages
$700
Insurance
$30
Electricity
$225
Misc 1
$124
Total Expenses
$2600
Estimated Stock
(Additional)
$5000
Net Profit
$1600
Price
$150,000
+ Estimated Stock (SAV) $5000
Price
$150,000
+ Estimated Stock (SAV) $5000

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