Listing status: Inactive

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Cafe - Restaurant - Cafe - Net $10,455 pw - Restaurant - City Fringe - Sales $35,000 pw - G1660GJ

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Cafe - Restaurant - Sydney City Fringe - Agent SBX Code Number: G1660GJ

Cafe serving breakfast and lunch only. - 25-30 kgs.coffee p.w.- Full liquor licence allows drinking without eating. - Regularly changing blackboard menu with extensive range of wines and beers. - Very popular with local business people for meetings and business lunches and coffees. - Bar, full kitchen, storage, fold back doors. - 100 seats outside - 50 seats inside.

Potential
Can actively promote functions. - Market to business houses in the area. - Could open nights and increase takings even higher to $60,000 p.w. - licensed until 11.00pm. - Ideal venue for group bookings.

Features
Well established business. - Regular & loyal customers. - Fabulous location with expansive water views. - Trendy fitout - Great website. - Destination of choice in the local area. - Fully licenced.

Premises
This business has an area of 250 sq. mts. with outdoor covered seating.

Location
Situated in City Fringe with absolute prime waterfront location adjacent to parklands.

Trading Hours
7 days - Mon. - Sun. - 7 a.m. - 4 p.m.

Lease
5 year lease until April, 2023 + 5 year option expires 2028. - A new lease could be made available. - Bond $78K - C.P.I .increases. - $20M public liability insurance required under the lease.

Employees
1 owner + (Mon.-Thurs.) 1 chef - 2 cooks - 1 kitchenhand - (Fri. -Sun) - 2 cooks, 1 chef , 1 kitchen hand, 2 barista. & 4 fulltimers + 2 parttimers.

Comments
Misc.- 1 - GST + other expenses. - Cash register rolls available to verify sales - All staff are RSA qualified. - Has 3 baristas to cover all shifts. - Only coffee machine and 2 drink machines from suppliers. - Sun filtered shaded outdoor area skirting waters edge, adjacent to walking paths and parklands.- Liquor license 7 days - 7am - 11.00 p.m. Xmas Day, and Good Friday.

Figures
Weekly Sales $35000
Rent (ex GST) $3955
Wages $7500
Profit $10455


Agent SBX Code Number: G1660GJ - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$695,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2009

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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