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Cafe - Restaurant - Bar - City Fringe - (Code: G1600)

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Price: $120,000






Weekly Takings (inc GST) $11,500
Cost of Goods $3,450
Gross Profit $8,050
Rent $1,151
Wages $1,000
Outgoings $57
Telephone $20
Insurance $40
Electricity $317
Gas $
Misc 1 $210
Misc 2 $500
Total Expenses $3,295
Net Profit $4,755
Coffee Kilos P/W 0.0

Estimated Stock

$50,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - restaurant & wine bar offering a hearty breakfast in the mornings & 16 kgs. coffee p.w. - Serves simple, fresh & authentic Italian food for lunch & opens for dinner only 3 nights per week. - Cafe in the day & restaurant & wine bar in the evening serving traditional pastas, risottos & other Italian meals. Seating for 24 indoor & 24 outdoor.

Potential
A great opportunity to grow the sales. - Can trade more hours & open on weekends. - Could grow the takeaway & catering side of the business.

Features
Well established business. - Great corner location. - Regular & loyal local customer base. - Great little family run business. - Bar License.

Premises
This business has an area of 75 sq mts & has a cozy Italian family feel.

Location
Excellent leafy corner location in the City fringe surrounded by commercial businesses & local residents.

Trading Hours
5 days - Mon. - Tues. - 7 a.m. - 4 p.m. & Wed. - Fri. - 7 a.m. - 4 p.m. & 6 p.m. - 10 p.m.

Lease
5 year lease + 3 year option (expires 28 Feb. 2022) - Annual increases of 5% + 3 months rental bond.

Employees
1 owner + 2 casuals

Comments
Misc. 1 = outdoor seating, pest control & waste collection. - Misc. 2 = GST

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

SBXG1600

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