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Cafe - Takeaway - Bakery - City Fringe - (Code: FQ1098)

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Price: $119,000






Weekly Takings (inc GST) $11,000
Cost of Goods $2,750
Gross Profit $8,250
Rent $1,823
Wages $3,500
Outgoings $
Telephone $20
Insurance $40
Electricity $100
Gas $50
Misc 1 $50
Misc 2 $60
Total Expenses $5,643
Net Profit $2,607
Coffee Kilos P/W 0.0

Estimated Stock

$
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe with full bakery currently doing 30 kgs. coffee p.w. as well as a selection of hot beverages, cold smoothies, juice blends, protein drinks, healthy blends etc. - Also serves light breakfast and lunch menu such as a pasta, salads, sandwiches, toast & bacon, pies, fish & chips, burgers etc. - The bakery produces artisan bread and cakes with potential for wholesale and distribution. - Can operate as a cafe without the bakery. Rare opportunity. - 23 seats outside - 17 seats inside.

Potential
Many new apartments to be completed nearby with expected increased foot traffic - Can open earlier hours to capture more coffee sales - Can expand cakes and bakery wholesale business

Features
Excellent location near busy street intersection- Full bakery. - Good lease

Premises
Attractive and modern fitout with an area of approx.110 sq. mts. situated beneath an apartment building

Location
Busy street intersection with residential and light commercial mix in City Fringe area...

Trading Hours
7 days - Mon. - Sun. - 7:00 a.m. - 4:00 p.m.

Lease
Current lease expires April, 2021 + 5 years option - 4% annual increases - 3 months bond.

Employees
1 owner + 8 casuals

Comments
Misc.- 1 - allowances for repairs and other costs. - Misc. - 2 - EFTPOS Merchant Facility fees. Initial investment of $500K to setup. - Owner selling below cost due to other business interests and family commitments.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXFQ1098

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