Cafe – Takeaway

For Sale

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South Sydney

Business Code: W1854

$425,000
+ Estimated Stock (SAV) $8000
Key Features: Excellent top class shop fit out. - Amazing interior. - Very spacious, - Wide frontage. Regular customers - Best location.
State: NSW
Suburb: Bankstown
Location: Situated in large shopping centre next to major shops in South Sydney
Premises: This business has an area of 180 sq.mts. plus 30 sq.mts. of outdoor seating area
Price not disclosed

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Private reasons

Sale Reason

7 yrs

Established

Shopping centre car park

Parking

1 owner + 1 barista + 2 chefs + 3 part timers + 1 casual barista.

Employees

7 days, - Monday to Sunday: 7 .00 a.m to 4.30 p.m. Thursday: 7. 00 a.m to 9.00 p.m.

Trading Hours

7 year lease expires Nov. 2032 - Bond 3 months - Rent increases by 5% per year.

Lease

Cafe takeaway offering a variety of innovative home-style Mediterranean dishes.- brunch and all day lunch menu including fettuccine bascaiola, penne arrabiata, chicken parmigiana, smashed avocado, chicken nuggets and chips, pancakes, veggie fritters, avocado halloumi bun, spaghetti bolognese, ice cream etc. – 40 kgs. coffee p.w. – Inside 52 seats – outside 18 seats.

Features

Excellent top class shop fit out. - Amazing interior. - Very spacious, - Wide frontage. Regular customers - Best location.

Potential

Experienced couple could save on wages, Add more western style cuisine to lunch menu. Add new brunch / lunch menu. -Establish Uber delivery - Extend opening hours.

Comments

Rent includes outgoings, Uber sales $1,500 p.w. Very well run with very strong profits. Growing business, A rare find and quality business. - Owner recently invested $120,000 in shop renovation to include additional takeaway counter. - Food and Coffee sales are approx. 50% each. Motivated vendor - Inspections through your brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$23500
Cost of Goods
$5875
Gross Profit
$17625
Rent
$2687
Wages
$6500
Electricity
$250
Total Expenses
$9437
Estimated Stock
(Additional)
$8000
Net Profit
$8188
Price
$425,000
+ Estimated Stock (SAV) $8000
Price
$425,000
+ Estimated Stock (SAV) $8000
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