Visit this listing at https://www.sbx.com.au/business?id=GN1317

Business Code: GN1317

Key Features: Great buy

State: NSW

Suburb: Surry Hills, 2010

Location: Hot location in popular eat street close to major railway station and light rail station in City Fringe.

Description

Cafe selling a great breakfast with generous portions and top taste. - They use 50 kgs. of coffee p.w. and sell 20 kgs. of coffee over the counter p.w. - The menu has been kept really simple and their food margins are really high hence the low food costs. - Genuine coffee roasting machine on premises included in the sale of business. - $600,000 fit out was done four years ago . - 78 seats inside - 4 seats outside - Licenced.

Summary

  • Features: Brilliant fit out. - Really long lease .
  • Potential: To extend the trading hours and do catering to the surrounding offices.
  • Premises: The premises are in excellent condition and have some really interesting features with an area of 150 sq. mts.
  • Trading Hours: 5 days - 7.00 a.m. - 4.00 p.m.
  • Lease: Current lease expires 2nd Nov. 2019 + 5 year option. - 3% annual increases - 3 months bank guarantee.
  • Employees: One owner + 1 barista + 5 casuals.
  • Comments: Misc.- 1 - General running costs, merchant fees, bank charges, repairs and maintenance, licences and permits

Weekly Summary

Weekly Takings (inc GST)

$13,000

Cost of Goods

$3,750

Gross Profit

$9,750

Rent

$1,818

Wages

$3,500

Outgoings

$250

Insurance

$80

Electricity

$220

Gas

$101

Misc1

$781

Coffee Kilos P/W

50

Total Expenses

$6,750

Estimated Stock (Additional)

$7,000

Net Profit

$3,000

Price

$330,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Coffee - Espresso

Business Code: GN1317
Price: $330,000

Key Features: Great buy

State: NSW

Suburb: Surry Hills, 2010

Location: Hot location in popular eat street close to major railway station and light rail station in City Fringe.

Description

Cafe selling a great breakfast with generous portions and top taste. - They use 50 kgs. of coffee p.w. and sell 20 kgs. of coffee over the counter p.w. - The menu has been kept really simple and their food margins are really high hence the low food costs. - Genuine coffee roasting machine on premises included in the sale of business. - $600,000 fit out was done four years ago . - 78 seats inside - 4 seats outside - Licenced.

Summary

  • Features: Brilliant fit out. - Really long lease .
  • Potential: To extend the trading hours and do catering to the surrounding offices.
  • Premises: The premises are in excellent condition and have some really interesting features with an area of 150 sq. mts.
  • Trading Hours: 5 days - 7.00 a.m. - 4.00 p.m.
  • Lease: Current lease expires 2nd Nov. 2019 + 5 year option. - 3% annual increases - 3 months bank guarantee.
  • Employees: One owner + 1 barista + 5 casuals.
  • Comments: Misc.- 1 - General running costs, merchant fees, bank charges, repairs and maintenance, licences and permits

Weekly Summary

Weekly Takings
(inc GST)

$13,000

Cost of Goods

$3,750

Gross Profit

$9,750

Rent (ex GST)

$1,818

Wages

$3,500

Outgoings

$250

Insurance

$80

Electricity

$220

Gas

$101

Misc1

$781

Coffee Kilos P/W

50

Total Expenses

$6,750

Estimated Stock (Additional)

$7,000

Net Profit

$3,000

Price

$330,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.