Excellent Cafe Crows Nest. Priced to sell.

Industry: Professional - Brokerage, Professional - Brokerage | Listed by: ABBA Group


Key Strengths:


About the business

Business Headline : Excellent Cafe Crows Nest. Priced to sell.


Price : $99,000


Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Alcohol/Liquor


Key Features:



  • Superb location, great exposure to pedestrian foot traffic and easy access for cars to park in street.

  • Beautifully appointed recent fit-out with minimalist, clean, crisp and modern elements.

  • Creative menu featuring signature salads, fresh juices, Poke bowls, great coffee and specialty lattes. Perfect vegan and vegetarian options.

  • Serving approx. 30kg coffee per week.

  • Up to 10 year lease term available. 

  • Active Liquor Licence and DA til 12pm enabling night time trade 

  • Outstanding feedback from online reviews.

  • Extensive promotions have been undertaken to market the venue through Facebook and Instagram platforms.

  • Lease includes the use of 2 upstairs offices and two tandem car parks (total 4) at the rear of the shop.

  • Site has handy rear lane access for deliveries.

  • Currently operating 7 days, Mon-Fri 9am-4pm. Weekends 8am-4pm

  • Cafe has excellent seating for 30 and is in prime position on the lively Willoughby Road strip

  • Business set up by skilled, experienced and reputable operators with commitment and passion for good quality food.


Potential



  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and RNS hospital.

  • 2 offices and 4 car spots can generate an additional $20K+ rental income per annum. 

  • Increase daily trading hours leveraging off liquor licence.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4357971#enquire-now

Annual Rent : $83,000 -
Weekly Rent : $1,596


Annual Turnover : $520,000 -
Weekly Turnover : $10,000


Annual Gross Profit : $364,000 -
Weekly Gross Profit : $7,000


Annual Ebit : $170,000 -
Weekly Ebit : $3,269


Premise : Leased


Lease Commencement : Dec 2016


Lease End : May 2020


Total Land Area : 66 Square Metres


Total Floor Area : 66 Square Metres


Total No of Parking : 4



Franchise : No


Approximate Stock Value : $2,000


Year Purchased : 2016


Year Established : 2016


Days Trading : 7


Staff :
- 4 Casual


Staff Salaries : $89,760


Reason for Sale : Family Commitment


Location : Crows Nest


Business Potential : • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and RNS hospital • 2 offices and 4 car spots can generate an additional $20K+ rental income per annum. • Increase daily trading hours leveraging off liquor licence.


Parking Comments : 4 cars - Site owns 4 car spots plus abundant street parking

Know someone that could be interested in this?
Asking Price:
$99,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2065

Locality

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Established on
2005

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

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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