Cafe - Espresso - Cafe Sales $18,000 p.w -
Newtown NSW - Nett $4000 pw Est 20 years - City
Fringe - F3329

Industry: Food/Hospitality - Café/Coffee Shop | Listed by: SBX Business Brokers
Key Strengths
About this business
Cafe - Espresso - City Fringe - Agent SBX Code Number: F3329

Cafe - Espresso - Currently serving 30 kgs.coffee p.w - Modern Australian food including breakfast , sandwiches ,light snacks , salads, corn fritters, falafel lamb, monster steak sandwiches, pastries and cakes as well as cold drinks, smoothies, milkshakes and frappes - Full kitchen - 60 seats inside.The cafe has been established over 20 years in the same location near the Police station - Fire Station - Court house and the local Neighbourhood centre and all are regular customers and in particular all the lawyers and solicitors come to the cafe with their clients before they attend the court.Also a lot of the locals are their regular customers and they support the cafe all the time 7 days a week.

Potential
To open for dinners especially on Friday - Saturday - and Sunday nights .Great opportunity to build on over 200 google reviews with an average rating of 4.5 Stars.

Features
Well established - Local icon. - Very simple business to run.The cafe has been established over 20 years in the same location .Fire Station - Court house and Neighbourhood centre.Over 200 google reviews with an average rating of 4.5 Stars.Vegetarian Friendly, Vegan Options, Gluten Free Options

Premises
Nice presentation with full kitchen and an area of 100 sq. mts.

Location
Prime street front location close to railway station in City Fringe.

Trading Hours
7 days - Mon. - Fri. - 7.30 a.m - 4 p.m. - Sat. - 8 a.m. - 4 p.m. - Sun. - 8.30 a.m. to 3.30 p.m.

Lease
Current lease expires in Feb. 2024 - 3% annual rental increases - 3 month bond .

Employees
One owner works 2 days a week (Wed and Sun) - One Managers wages have been added back to profit - 1 kitchen hand , 1 barista plus casuals as required

Comments
The vendor owns the coffee machine and grinder. - Current owner had no food experience when he purchased the business. - First time on the market and a must to inspect. Over 200 google reviews with an average rating of 4.5 Stars.

Figures
Weekly Sales $18000
Rent (ex GST) $2272
Wages $5000
Profit $4000


Agent SBX Code Number: F3329 - SBX Business Brokers
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  • ListingImage
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Business Name / Ref #:
Contact Advertiser
Location:
Newtown
NSW
Asking Price:
$238,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
2272
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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All Comments

Cafe - Espresso - Cafe Sales $18,000 p.w - Newtown NSW - Nett $4000 pw Est 20 years - City Fringe - F3329 ListingImage
About this business
Cafe - Espresso - City Fringe - Agent SBX Code Number: F3329

Cafe - Espresso - Currently serving 30 kgs.coffee p.w - Modern Australian food including breakfast , sandwiches ,light snacks , salads, corn fritters, falafel lamb, monster steak sandwiches, pastries and cakes as well as cold drinks, smoothies, milkshakes and frappes - Full kitchen - 60 seats inside.The cafe has been established over 20 years in the same location near the Police station - Fire Station - Court house and the local Neighbourhood centre and all are regular customers and in particular all the lawyers and solicitors come to the cafe with their clients before they attend the court.Also a lot of the locals are their regular customers and they support the cafe all the time 7 days a week.

Potential
To open for dinners especially on Friday - Saturday - and Sunday nights .Great opportunity to build on over 200 google reviews with an average rating of 4.5 Stars.

Features
Well established - Local icon. - Very simple business to run.The cafe has been established over 20 years in the same location .Fire Station - Court house and Neighbourhood centre.Over 200 google reviews with an average rating of 4.5 Stars.Vegetarian Friendly, Vegan Options, Gluten Free Options

Premises
Nice presentation with full kitchen and an area of 100 sq. mts.

Location
Prime street front location close to railway station in City Fringe.

Trading Hours
7 days - Mon. - Fri. - 7.30 a.m - 4 p.m. - Sat. - 8 a.m. - 4 p.m. - Sun. - 8.30 a.m. to 3.30 p.m.

Lease
Current lease expires in Feb. 2024 - 3% annual rental increases - 3 month bond .

Employees
One owner works 2 days a week (Wed and Sun) - One Managers wages have been added back to profit - 1 kitchen hand , 1 barista plus casuals as required

Comments
The vendor owns the coffee machine and grinder. - Current owner had no food experience when he purchased the business. - First time on the market and a must to inspect. Over 200 google reviews with an average rating of 4.5 Stars.

Figures
Weekly Sales $18000
Rent (ex GST) $2272
Wages $5000
Profit $4000


Agent SBX Code Number: F3329 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:2272

Trading Hours:

Website:

$238,000

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