Espresso Bar - Parramatta (5 days trade) - WIWO

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

Business Headline : Espresso Bar - Parramatta (5 days trade) - WIWO


Price : $99,000


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


Trendy Parramatta Cafe in busy street, near the courts directly facing the family court.


Attractive shop, top location in Parramatta. 5 star reviews for their quality coffee and food, and regular catering orders from office customers.


Located on George Street in a building that has a call centre with 200 employees. It is very close to Court houses, facing Parramatta family courts, police station, Riverside theatres and only a few blocks from Parramatta station. Surrounded by many offices, close to hotels and many high profile international businesses. 


Key Features:



  • Serves Pablo and Rusty\'s coffee. The coffee supplier provides free barista training.

  • A call centre recently moved that has 200 employees.

  • Modern Australian breakfast and lunch

  • Recently refurbished

  • In addition to weekly takings the Cafe caters regularly to Riverside Theater, NSW Health, Legal Aid, Drug Courts and Links training. (Approx $600 p/w)

  • Short trading day - 7am to 2pm Monday to Friday

  • Approx 20kg coffee/hot choc per week.

  • Currently two owners doing all-rounder including barista work. Full time cook doing 8 hours a day. A casual barista doing 3 hours a day.

  • Coffee machine (La Marzocco) owned by cafe, freedom to choose whatever coffee brand you like.

  • New 3 x 3 lease


Potential:



  • Potential to build on the current list of existing catering clients using existing reputation.

  • Increase daily trading hours to 4 pm and to open on Saturdays.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4805598#enquire-now

Annual Rent : $74,785 -
Weekly Rent : $1,438


Annual Turnover : $350,000 -
Weekly Turnover : $6,731


Annual Gross Profit : $260,000 -
Weekly Gross Profit : $5,000


Annual Ebit : $85,000 -
Weekly Ebit : $1,635


Premise : Leased


Lease Commencement : Jun 2017


Lease End : Jun 2020


Lease Option:
3 years


Total Floor Area : 60 Square Metres



Franchise : No


Approximate Stock Value : $3,000


Year Purchased : 2018


Year Established : 2014


Days Trading : 5


Staff :
1 Full Time - 2 Casual


Staff Salaries : $80,000


Reason for Sale : A sudden health issue is forcing the owners to sell


Location : Parramatta CBD


Business Potential : Increase catering, trade longer hours

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  • ListingImage
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Business Name / Ref #:
Contact Advertiser
Location:
Parramatta
NSW
Asking Price:
$99,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
74785
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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Espresso Bar - Parramatta (5 days trade) - WIWO ListingImage
About this business

Business Headline : Espresso Bar - Parramatta (5 days trade) - WIWO


Price : $99,000


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


Trendy Parramatta Cafe in busy street, near the courts directly facing the family court.


Attractive shop, top location in Parramatta. 5 star reviews for their quality coffee and food, and regular catering orders from office customers.


Located on George Street in a building that has a call centre with 200 employees. It is very close to Court houses, facing Parramatta family courts, police station, Riverside theatres and only a few blocks from Parramatta station. Surrounded by many offices, close to hotels and many high profile international businesses. 


Key Features:



  • Serves Pablo and Rusty\'s coffee. The coffee supplier provides free barista training.

  • A call centre recently moved that has 200 employees.

  • Modern Australian breakfast and lunch

  • Recently refurbished

  • In addition to weekly takings the Cafe caters regularly to Riverside Theater, NSW Health, Legal Aid, Drug Courts and Links training. (Approx $600 p/w)

  • Short trading day - 7am to 2pm Monday to Friday

  • Approx 20kg coffee/hot choc per week.

  • Currently two owners doing all-rounder including barista work. Full time cook doing 8 hours a day. A casual barista doing 3 hours a day.

  • Coffee machine (La Marzocco) owned by cafe, freedom to choose whatever coffee brand you like.

  • New 3 x 3 lease


Potential:



  • Potential to build on the current list of existing catering clients using existing reputation.

  • Increase daily trading hours to 4 pm and to open on Saturdays.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4805598#enquire-now

Annual Rent : $74,785 -
Weekly Rent : $1,438


Annual Turnover : $350,000 -
Weekly Turnover : $6,731


Annual Gross Profit : $260,000 -
Weekly Gross Profit : $5,000


Annual Ebit : $85,000 -
Weekly Ebit : $1,635


Premise : Leased


Lease Commencement : Jun 2017


Lease End : Jun 2020


Lease Option:
3 years


Total Floor Area : 60 Square Metres



Franchise : No


Approximate Stock Value : $3,000


Year Purchased : 2018


Year Established : 2014


Days Trading : 5


Staff :
1 Full Time - 2 Casual


Staff Salaries : $80,000


Reason for Sale : A sudden health issue is forcing the owners to sell


Location : Parramatta CBD


Business Potential : Increase catering, trade longer hours

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:74785

Trading Hours:

Website:

$99,000

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