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Cafe - Restaurant - Takeaway - Eastern Suburbs - (Code: SF1378)

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Price: $88,000






Weekly Takings (inc GST) $12,500
Cost of Goods $3,400
Gross Profit $9,100
Rent $2,115
Wages $3,000
Outgoings $100
Telephone $20
Insurance $70
Electricity $200
Gas $130
Misc 1 $550
Misc 2 $284
Total Expenses $6,469
Net Profit $2,631
Coffee Kilos P/W 35.0

Estimated Stock

$8,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - restaurant - takeaway and delivery selling 35 kgs.coffee p.w. and serving cafe and modern Italian food for breakfast, lunch and dinner including an all day breakfast, pizza, pasta, salads, cakes and pastries - Full kitchen which is fully equipped and has a cool room, walk in freezer and deck pizza oven - Fully licensed with an on premise license - 60 seats inside 30 seats outside

Potential
Expand on catering and delivery - Do more functions - Suit any cuisine - Do some local marketing, advertising and improve social media presence - Streamline the menu - Add a bar and sell more cocktails (STA)

Features
Location - Location - Long Lease - Lots of uni students nearby - Well established - Great clientele - Busy shopping hub with lots of foot traffic

Premises
Below an apartment block this double corner cafe has an area of 140 sq. mts. with large bifold windows, a large main room, 2 storage rooms, 2 toilets and an alfresco area.

Location
Great corner location on main road of busy shopping strip near a well known hospital and university in the Eastern Suburbs.

Trading Hours
7 days - Mon. - Tues. - 6 a.m. - 4 p.m. -Wed. -Fri. -6 a.m. - 9 p.m. Sat. - 6.30 a.m. - 10 p.m.- Sun. - 7.30 a.m. - 9 p.m.

Lease
Current lease expires April, 2020 + 5 year option - 3% increases - 3 month bond.

Employees
2 owners + 1 fulltime barista + 3 - 4 casuals

Comments
Misc.- 1 - Other general expenses - Misc.- 2 - Outdoor seating and alfresco area - Training and recipes can be provided. - Owners spent over $25,000 on equipment and upgrade in April 2017 but need to go back overseas.- Vendor lives upstairs in the units and a one bedroom and one bathroom unit is available / optional which costs $335 extra per week. - First time on the market - A must to inspect but please do not approach any staff or owners - Priced to sell.

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

SBXSF1378

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