Lobby Style Cafe in busy Parramatta CBD precinct,
46kg Coffee/Chocolate pw, 5 days

Industry: Food/Hospitality - Café/Coffee Shop, Food/Hospitality - Takeaway Food, Food/Hospitality - Restaurant | Listed by: ABBA Group
Key Strengths
About this business

Business Headline : Lobby Style Cafe in busy Parramatta CBD precinct, 46kg Coffee/Chocolate pw, 5 days


Price : $399,000


Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant


Established for almost 20 years, this Cafe is located under a 10 storey office building (est 1,200 people), with a 25 storey building (est 4,000 people) directly accross the road in the Parramatta CBD, Government Precinct. Several large Government departments have long term leases in these buildings.



  • 5 Days (5.30am to 3.30pm)

  • Long lease, expires 2024

  • Owner currently negotiating a further 5 year option

  • Low rent, less than 10% of turnover

  • Seating for 40 indoors and 40 outdoors

  • Simple, yet popular Cafe menu means no need for an expensive chef, a good cook will do

  • Serving 40kg coffee and 6kg chocolate/chai per week

  • Regular catering

  • Use of adjacent conference room means marketing opportunities for corprate meeting catering


This business ticks all the boxes. Get in quick and enquire today.


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4231070#enquire-now

Annual Rent : $76,690 -
Weekly Rent : $1,475


Annual Turnover : $850,000 -
Weekly Turnover : $16,346


Annual Gross Profit : $595,000 -
Weekly Gross Profit : $11,442


Annual Ebit : $200,000 -
Weekly Ebit : $3,846


Premise : Leased


Lease Commencement : Jul 2014


Lease End : Jul 2019


Lease Option:
5 years


Current Outgoings pa: $6,000


Total Floor Area : 200 Square Metres


Total No of Parking : 1



Franchise : No


Approximate Stock Value : $5,000


Year Purchased : 2008


Year Established : 2000


Days Trading : 5


Staff :
3 Full Time - 3 Casual


Staff Salaries : $208,000


Reason for Sale : Change of career


Location : Parramatta CBD


Business Potential : Upgrade menu, Trade longer hours

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Business Name / Ref #:
Contact Advertiser
Location:
Parramatta
NSW
Asking Price:
$399,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
76690
Trading Hours:
Website:
Contact Details:
1300064.....
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Advertiser Details

Sales, Mergers & Acquisitions
Location: Level 1, 183 Harris Street
PYRMONT NSW 2009, New South Wales
2009, Australia

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Lobby Style Cafe in busy Parramatta CBD precinct, 46kg Coffee/Chocolate pw, 5 days ListingImage
About this business

Business Headline : Lobby Style Cafe in busy Parramatta CBD precinct, 46kg Coffee/Chocolate pw, 5 days


Price : $399,000


Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant


Established for almost 20 years, this Cafe is located under a 10 storey office building (est 1,200 people), with a 25 storey building (est 4,000 people) directly accross the road in the Parramatta CBD, Government Precinct. Several large Government departments have long term leases in these buildings.



  • 5 Days (5.30am to 3.30pm)

  • Long lease, expires 2024

  • Owner currently negotiating a further 5 year option

  • Low rent, less than 10% of turnover

  • Seating for 40 indoors and 40 outdoors

  • Simple, yet popular Cafe menu means no need for an expensive chef, a good cook will do

  • Serving 40kg coffee and 6kg chocolate/chai per week

  • Regular catering

  • Use of adjacent conference room means marketing opportunities for corprate meeting catering


This business ticks all the boxes. Get in quick and enquire today.


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4231070#enquire-now

Annual Rent : $76,690 -
Weekly Rent : $1,475


Annual Turnover : $850,000 -
Weekly Turnover : $16,346


Annual Gross Profit : $595,000 -
Weekly Gross Profit : $11,442


Annual Ebit : $200,000 -
Weekly Ebit : $3,846


Premise : Leased


Lease Commencement : Jul 2014


Lease End : Jul 2019


Lease Option:
5 years


Current Outgoings pa: $6,000


Total Floor Area : 200 Square Metres


Total No of Parking : 1



Franchise : No


Approximate Stock Value : $5,000


Year Purchased : 2008


Year Established : 2000


Days Trading : 5


Staff :
3 Full Time - 3 Casual


Staff Salaries : $208,000


Reason for Sale : Change of career


Location : Parramatta CBD


Business Potential : Upgrade menu, Trade longer hours

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:76690

Trading Hours:

Website:

$399,000

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