Listing status: Inactive

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Cafe - Foyer Cafe - Espresso - Takeaway - Under Management - Foyer Cafe - Takings $28,100 p.w. - Profit $6,852 p.w.- Long lease - Sydney CBD - SF1371

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Cafe - Foyer Cafe - Espresso - Takeaway - Under Management - Sydney CBD - Agent SBX Code Number: SF1371

Cafe - Foyer - Espresso and Takeaway. - Outstanding Sydney CBD cafe selling all day breakfast and lunch including soup, sandwiches, burgers, chips, fresh salads, coffee, juices, yoghurts. - 48kgs of coffee - Full kitchen with exhaust and cool room - Fully licensed - 42 seats inside and 6 seats outside - Close to 2 new metro stations - Suit an experienced operator - Pre Covid sales were $32,000 p.w.and current sales increasing and this business is going very well

Potential
Expand on catering - Do some marketing and advertising and increase social media presence- Could open for dinner - Steadily growing business.

Features
Brilliant CBD location - Very Long lease - State of the art fit out - Nothing to spend - Excellent reviews - Equipment in good condition.

Premises
This beautiful and ultra modern foyer cafe has full floor to ceiling glass panels and bi-fold doors and has an area of 120 sq. mtrs

Location
Situated on main street with wide frontage and also part of foyer in the centre of the CBD and surrounded by offices and retail.

Trading Hours
6 days - Mon. - Fri. - 6.30 a.m. - 4 p.m - Sat. -7.30 a.m. - 2.30 p.m.

Lease
Current lease expires Aug.2031 - 3.5% increases - 3 month bond

Employees
1 Manager+ 8 casuals + 1 full-time chef + 1 full-time barista

Comments
Misc.- 1 - Other general expenses + gst. - Misc 2 - Outdoor seating - Coffee machine is owned by the coffee company -Big potential to open at night - Rare opportunity to purchase a successful cafe in a prime location - Outstanding presentation - Fit out cost was over $600K with no expense spared. - Managers wage of $1200 p.w. has been removed from wages and shown in net profit. Please be very discreet when visiting this business and do not approach any staff or owners - Suitable for experienced operators - One of the best cafes

Figures
Weekly Sales $28100
Rent (ex GST) $3818
Wages $8000
Profit $7252


Agent SBX Code Number: SF1371 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$598,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2000

Locality

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Established on
1988

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

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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