Cafe – Takeaway – Foyer Cafe – Espresso

For Sale

·
Lower North Shore

Business Code: SF1540

$88,000
+ 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.

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
$5000
Cost of Goods
$1500
Gross Profit
$3500
Rent
$1456
Wages
$700
Insurance
$30
Electricity
$225
Misc 1
$124
Total Expenses
$2600
Estimated Stock
(Additional)
$5000
Net Profit
$900
Price
$88,000
+ Estimated Stock (SAV) $5000
Price
$88,000
+ Estimated Stock (SAV) $5000
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