Cafe – Espresso – Takeaway

For Sale

·
North West Sydney

Business Code: SFG1139

$249,000.00
+ Estimated Stock (SAV) $7000
Key Features: Superb location. Unique presentation. Strong reputation and excellent on line reviews. Solid long term lease. Popular retail precinct. Captured clientele. Strong social media presence.
State: NSW
Suburb: Castle Hill
Location: Strategically located highly visible position at entry to a busy retail and service precinct in North Western Sydney.
Premises: Externally positioned imported iconic US airstream caravan surrounded by awning, umbrellas and trees creating unique environment totalling 150 sq mts.
Price not disclosed

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Multiple business interests

Sale Reason

2016

Established

On site off street parking

Parking

3 fulltimers + 3 casuals.

Employees

6 days - Monday & Tuesday: 6.45 am to 2.30 pm. Wednesday to Saturday: 6.45 am to 3.00 pm. Closed Sunday.

Trading Hours

Current lease / licence agreement through to 1/10/27 with a 3 year option with 4% annual increases and a 3 month bank guarantee.

Lease

Cafe – coffee shop – takeaway features a unique casual ambience perfect for its street front location in a high traffic area. The kitchen is housed in an iconic airstream caravan specifically imported by the landlord to create a landmark and eye catching cafe fronting the entrance to a busy strip of leading brand name retailers. Selling an impressive 60 kgs. coffee p.w. the menu features renowned burgers, wraps and other takeaway classics. An array of rustic tables, chairs and benches allow patrons a variety of spaces for dining and relaxing and the space even features a fire pit perfect for the colder months. The financial performance is enhanced by a low rental which is less than 10% of turnover and free electricity. Power charges are 100% covered by the landlord giving this cafe a substantial competitive advantage and producing a great return to the owner. This opportunity will not last so be quick to register your interest.

Features

Superb location. Unique presentation. Strong reputation and excellent on line reviews. Solid long term lease. Popular retail precinct. Captured clientele. Strong social media presence.

Potential

Develop catering side of business. Can open 7 days if desired.

Comments

This popular cafe serves patrons attending and working in nearby national brand name retailers. Forced genuine reluctant sale. The airstream caravan remains the property of the landlord - all other fixtures, fittings and furnishings are the property of the business owners, including coolroom, fridges, freezers and display areas which

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$15000
Cost of Goods
$4500
Gross Profit
$10500
Rent
$1265
Wages
$5400
Telephone
$50
Insurance
$60
Misc 1
$250
Misc 2
$400
Total Expenses
$7545
Estimated Stock
(Additional)
$7000
Net Profit
$2955
Price
$249,000.00
+ Estimated Stock (SAV) $7000

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