Cafe – Bar – Takeaway

For Sale

·
Sydney CBD

Business Code: T3007

$550,000
+ Estimated Stock (SAV) $30000
Key Features: Stunning location within one of the largest CBD commercial buildings in the growth area of City. Building about to become 90% occupied.
State: NSW
Suburb: Sydney
Location: Situated in the foyer of brand new very large CBD office tower.90% occupancy and easy access to Pitt street, with 5,000 office workers.
Premises: Approx. 220 sqm, large atrium with New York style fit out, large centre bar with seating around and open kitchen, also separate store room and work area downstairs
Price not disclosed

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Number of other large businesses and wants to concentrate on them.

Sale Reason

2023

Established

Street parking

Parking

1 owner + 1 full time chef + 3 kitchen + 2 floor + 3 bar all casuals.

Employees

5 days - Monday to Friday: 6.30 am to 10 pm.

Trading Hours

10 year lease from July 2023 with 3.5% increases annually and 3 month bond.

Lease

Cafe / Bar in foyer serving breakfast, lunch and dinner. Full commercial kitchen serving a variety of Italian food, 15 kgs .coffee and great variety of wines, beer and cocktails. 30% of income is through alcohol sales. Brand new fit out with state of the art equipment throughout. Currently adding a further 25 seats in a great position. Situated in growth corridor of the City with many new office towers and residential under construction.

Features

Stunning location within one of the largest CBD commercial buildings in the growth area of City. Building about to become 90% occupied.

Potential

Enormous potential as opened less than 12 months with business growing and positioned in part of the CBD which is expanding dramatically. Should reach sales of over $50,000 per week.

Comments

One of the City's largest buildings, 55 levels with 2 separate street entrances accommodating 5,500 office workers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$30000
Cost of Goods
$10500
Gross Profit
$19500
Rent
$2596
Wages
$10000
Telephone
$30
Insurance
$80
Electricity
$600
Misc 1
$994
Total Expenses
$14500
Estimated Stock
(Additional)
$30000
Equipment
(Included)
$300000
Net Profit
$5000
Price
$550,000
+ Estimated Stock (SAV) $30000
Price
$550,000
+ Estimated Stock (SAV) $30000
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