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Cafe - Espresso - Eastern Suburbs - (Code: G1649)

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Price: $100,000






Weekly Takings (inc GST) $6,840
Cost of Goods $1,800
Gross Profit $5,040
Rent $995
Wages $830
Outgoings $50
Telephone $23
Insurance $98
Electricity $160
Gas $
Misc 1 $621
Misc 2 $737
Total Expenses $3,514
Net Profit $1,526
Coffee Kilos P/W 40.0

Estimated Stock

$2,500
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - espresso bar selling 30 kgs. coffee p.w. and offering an all day breakfast. - Also selling a variety of gourmet pre-made toasted sandwiches, coffee, tea & cold drinks. -Light cooking only. - Seating inside for 14.

Potential
A new hands on owner could easily increase sales & reduce wages. - Could open longer hours. - Could get outdoor seating license. - Could add other items to the menu. - Growth potential due to Light Rail project will add more foot traffic.

Features
Well established. - Great new fit out. - Long lease. - Low rent. - Strong coffee sales. - Excellent figures. - Very easy operation. - Nothing to spend.

Premises
This compact espresso bar has a modern, new fit out with an area of 26 sq mts.

Location
Well located in a busy shopping strip in the Eastern suburbs surrounded by commercial & residential.

Trading Hours
6 days - Mon. - Sat. - 7:00 a.m. - 3:00 p.m.

Lease
5 years + 5 years + 5 year lease commenced March, 2015 - 3% annual increases. - 6 months rental bond (possible for 3 months with personal guarantee)

Employees
1 owner + 2 casuals

Comments
Rent outgoings = Water & rates. - Miscell. - 2 - Pest control & rubbish removal. - Miscell. - 1 - GST and other expenses. - The figures being shown are as if being run by an owner operator with casual sandwich hand in the morning.

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

SBXG1649

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