Cafe – Takeaway

For Sale

·
City Fringe

Business Code: W1888

$650,000.00
+ Estimated Stock (SAV) $6000
Key Features: Prime location - A great opportunity to own an established cafe with great turnover. - Regular customers - Very low rent with no outgoings - No competition.
State: NSW
Suburb: Darlington
Location: Great location in residential area in City Fringe back of Sydney University and attached to hotel.
Premises: This business has an area of 90 sq. mts.
Price not disclosed

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Private reasons

Sale Reason

2019

Established

1 car space

Parking

1 owner (3 - 4 days p.w. -8.00a.m. - 1.30 p.m.) + 4 full timers + 5 part timers.

Employees

7 days - Monday to Friday: 7:00 am to 3:00 pm. Saturday & Sunday: 8:00 am to 3:00 pm.

Trading Hours

5 yr, lease from May 2024 - 4% rent increases, - 3 month bond

Lease

Cafe – Takeaway selling 60 – 70 kgs. coffee and 12 kgs. chocolate powder p.w.. This cafe has a well earned reputation, as evidenced by its strong instagram following reviews rating 5. A highly attractive all day menu includes brushetta, roasted pumpkin salad, breakfast plate, morning burger, omelettes, pulled pork burger, wild mushroom, chicken risotto, open grill sandwiches, beautiful fresh salads, breakfasts including bacon and eggs and also inviting cakes and sweets. 28 seats inside and 4 outside. Liquor license obtained and features a full kitchen.

Features

Prime location - A great opportunity to own an established cafe with great turnover. - Regular customers - Very low rent with no outgoings - No competition.

Potential

Ideal family business to save on wages and increase profit. Enhance social media via Instagram and snapshot. Extension of working hours, Add up more to lunch menu.

Comments

During school hours average takings are $27,000 p.w. and school holidays $21,000 p.w. - During the workdays most of the customers are University students and from hotel and weekends locals. All equipment including coffee machine, grinder belongs to business. - Misc.-1. - Sparkling Tap $45 p.w., Misc.- 2- Eftpos machine $15 p.w.. Sales can be verified by bank statements. Motivated vendor considering opening other cafe - A must inspection, staff are not aware please inspect through your SBX brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$26630
Cost of Goods
$7456
Gross Profit
$19174
Rent
$610
Wages
$8100
Insurance
$175
Electricity
$125
Misc 1
$45
Misc 2
$15
Total Expenses
$9070
Estimated Stock
(Additional)
$6000
Net Profit
$10104
Price
$650,000.00
+ Estimated Stock (SAV) $6000

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