Cafe - Restaurant - Gifts - Cafe - Restaurant - Takings $24,000 p.w. - Inner West Sydney - W1774

Cafe - Restaurant - Gifts - Cafe - Restaurant - Takings $24,000 p.w. - Inner West Sydney - W1774

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Concord


Industry :
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Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Cafe - Restaurant - Gifts - Inner West - Agent SBX Code Number: W1774

Cafe - Restaurant and gift shop in separate room. - Modern Australian cuisine consisting of an all day breakfast, salads, steak sandwiches, pasta, burgers, sandwiches - Lunch daily specials such as spaghetti, Blue Fin tuna tartare, grilled Fremantle octopus, confit duck legs, Berkshire pork cutlet etc. - Currently 20-24 kgs. of coffee p.w. - Busy on weekends. - Full kitchen with cool room, combi oven - Fully licensed - Liquor License until 1100 p.m. - Currently 16 seats outside - 58 seats inside - Gift shop includes home decoration items, picture frames, porcelain dolls, leather wallets etc.(currently closed and available for office with rent and income)

Potential
Ideal position to continue to grow the coffee side of the business - Could add delivery and Uber - Expand catering - Promote the online store more - Do some marketing and advertising - Improve social media presence- Great potential for a motivated new owner or couple - Open 7 days and for dinner

Features
Exceptional location. - Rare opportunity to purchase such a cafe restaurant business. - Well established - First class fit out. - Outstanding indoor and outdoor presentation - Long lease - Award winning for many years. - Well established and known in the area.

Premises
This business has an area of 180 sq. mt. on ground floor and 60 sq. mt. upstairs with large windows.

Location
Brilliant corner location on main road in a residential area of Inner West surrounded by over 5000 units / apartments.

Trading Hours
6 days - Tues. - Sun. - 630 a.m.- 300 p.m.-

Lease
Current lease expires May,2025 + 5 year option - Bond 3 months - rent increases 4% per year.

Employees
1 Manager + 3 full timers,+3 part timers ( 2 baristas included)

Comments
One of the best looking cafes / restaurants on our books - Award designed cafe restaurant - Wide glass wall along the outdoor seats. - Inspections by appointment through your broker - Experience in hospitality is required by the landlord - A must to inspect but please be discreet. - Price reduced for quick sale. Misc.-1- Pos machine $40 p.w. - Misc.2. - Council footpath $68

Figures
Weekly Sales $24000
Rent (ex GST) $2534
Wages $6645
Profit $6969


Agent SBX Code Number: W1774 - SBX Business Brokers

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SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

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