REDUCED - Water Front Cafe- Under Manage, Well
Estab - WIWO

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

Business Headline : REDUCED - Water Front Cafe- Under Manage, Well Estab - WIWO


Price : $99,000


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


 


HIGH PROFIT UNDER FULL-MANAGEMENT - NOT TO BE MISSED


HIGH TURN OVER / GREAT LEASE


BEAUTIFUL WATER-FRONT CAFE 


Owner is moving Overseas and NEEDS to SELL Fast! - WIWO


 


Opportunity to purchase well established cafe/restaurant with high average weekly turnover of $42,700 per week.


Current owner has other interests and has commitments elsewhere. Currently runs under management.


Excellent reviews on Tripadvisor websites and has a good reputation to locals and also a popular place to dine for tourists.


All finacial figures are available. 


FEATURES:



  • Prime corner location with beach front

  • Well established and currently running under full management

  • Long lease

  • Fully licensed

  • Popular and well known place for locals and tourists


LOCATION:



  • Affluent northern beaches with water front view

  • Great corner location


PREMISE/EQUIPMENT:



  • High standard and well decored - 222 sqm

  • 80 seats inside & 40 outside.

  • Full kitchen with well maintained equipments

  • Just under 9 years of lease remaining


This business is suitable for people with experience in the same or a similar industry.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4851818#enquire-now

Annual Rent : $257,868 -
Weekly Rent : $4,959


Annual Turnover : $2,470,830 -
Weekly Turnover : $47,516


Annual Gross Profit : $1,648,342 -
Weekly Gross Profit : $31,699


Annual Ebit : Not Disclosed -
Weekly Ebit : Not Disclosed


Premise : Leased


Lease Commencement : Dec 2017


Lease End : Sep 2022


Lease Option:
5 years


Current Outgoings pa: $29,900


Total Floor Area : 222 Square Metres



Franchise : No


Year Purchased : 2016


Year Established : 2007


Days Trading : 7


Staff :
3 Full Time - 4 Part Time


Staff Salaries : $787,296


Reason for Sale : Other business interests


Business Potential : Open for breakfast, online ordering/delivery

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Business Name / Ref #:
Contact Advertiser
Location:
DEE WHY
NSW
Asking Price:
$99,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
257868
Trading Hours:
Website:
Contact Details:
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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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All Comments

REDUCED - Water Front Cafe- Under Manage, Well Estab - WIWO ListingImage
About this business

Business Headline : REDUCED - Water Front Cafe- Under Manage, Well Estab - WIWO


Price : $99,000


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


 


HIGH PROFIT UNDER FULL-MANAGEMENT - NOT TO BE MISSED


HIGH TURN OVER / GREAT LEASE


BEAUTIFUL WATER-FRONT CAFE 


Owner is moving Overseas and NEEDS to SELL Fast! - WIWO


 


Opportunity to purchase well established cafe/restaurant with high average weekly turnover of $42,700 per week.


Current owner has other interests and has commitments elsewhere. Currently runs under management.


Excellent reviews on Tripadvisor websites and has a good reputation to locals and also a popular place to dine for tourists.


All finacial figures are available. 


FEATURES:



  • Prime corner location with beach front

  • Well established and currently running under full management

  • Long lease

  • Fully licensed

  • Popular and well known place for locals and tourists


LOCATION:



  • Affluent northern beaches with water front view

  • Great corner location


PREMISE/EQUIPMENT:



  • High standard and well decored - 222 sqm

  • 80 seats inside & 40 outside.

  • Full kitchen with well maintained equipments

  • Just under 9 years of lease remaining


This business is suitable for people with experience in the same or a similar industry.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4851818#enquire-now

Annual Rent : $257,868 -
Weekly Rent : $4,959


Annual Turnover : $2,470,830 -
Weekly Turnover : $47,516


Annual Gross Profit : $1,648,342 -
Weekly Gross Profit : $31,699


Annual Ebit : Not Disclosed -
Weekly Ebit : Not Disclosed


Premise : Leased


Lease Commencement : Dec 2017


Lease End : Sep 2022


Lease Option:
5 years


Current Outgoings pa: $29,900


Total Floor Area : 222 Square Metres



Franchise : No


Year Purchased : 2016


Year Established : 2007


Days Trading : 7


Staff :
3 Full Time - 4 Part Time


Staff Salaries : $787,296


Reason for Sale : Other business interests


Business Potential : Open for breakfast, online ordering/delivery

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:257868

Trading Hours:

Website:

$99,000

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