Industry: Professional - Brokerage, Professional - Brokerage | Listed by: ABBA Group
Business Headline : Excellent Cafe Crows Nest. Priced to sell.
Price : $99,000
Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Alcohol/Liquor
Key Features:
Potential
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
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Australia
New South Wales
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2065
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Broker Verified
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In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.
Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
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