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Cafe - Espresso Bar - Lower North Shore - (Code: G1670)

Well established

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Price: $248,000






Weekly Takings (inc GST) $11,000
Cost of Goods $2,500
Gross Profit $8,500
Rent $1,545
Wages $3,000
Outgoings $
Telephone $15
Insurance $50
Electricity $250
Gas $46
Misc 1 $307
Misc 2 $
Total Expenses $5,213
Net Profit $3,287
Coffee Kilos P/W 30.0

Estimated Stock

$2,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - espresso bar selling 25 - 30 kgs. of coffee p.w. - This well established cafe offers a seasonal, very current & comprehensive all day breakfast menu & fresh wholesome lunches. - pastas, burgers, wraps, pre-made sandwiches, salads. - Serving a selection of coffee, teas, milkshakes, house-made fresh juices as well as a range of cakes & pastries. - Seating 22 inside & 35 seats outside courtyard.

Potential
Could open longer hours to take advantage of the evening cinemas - Could offer a catering menu for the local businesses - Recently listed on Uber Eats which will grow the business.

Features
Same owner for last 14 years - Simple cafe operation - Easy to run - Well established & consistent turnover - Regular clientel.

Premises
This business has an area of 62 sq. mts. inside plus courtyard area on the lease.

Location
Well located in the heart of a suburb in the Lower North Shore near shops, cinemas, residential & commercial.

Trading Hours
7 days - Mon. - Sat. - 6:00 a.m. - 3:30 p.m. & 7:00 a.m. - 3:30 p.m. on Sundays.

Lease
3 year lease commenced 2015 + 3 + 3 year options - 4% annual C.P.I. increases. - 3 months bond.

Employees
1 owner + 2 fulltimers + 1 casual

Comments
Miscell. - 1 - GST paid on BAS.

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

SBXG1670

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