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Cafe - Under Management - Bar - Takeaway - Inner West - (Code: SF1391)

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Price: $210,000






Weekly Takings (inc GST) $13,100
Cost of Goods $3,700
Gross Profit $9,400
Rent $1,402
Wages $3,600
Outgoings $202
Telephone $20
Insurance $60
Electricity $200
Gas $70
Misc 1 $970
Misc 2 $
Total Expenses $6,524
Net Profit $2,876
Coffee Kilos P/W 40.0

Estimated Stock

$6,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - takeaway - bar currently serving breakfast and lunch and offering a well thought out menu including all day breakfast, pastries, muffins, sandwiches, burgers and cold drinks - Selling 40 kg coffee p.w. - Fully equipped kitchen - drink and dine liquor licence (can serve alcohol without a meal) and sunny outdoor seating area -26 seats inside and 14 seats outside

Potential
Add pre order coffee and food delivery - A motivated and hands on owner could increase sales and profit - Open at night as this is permitted - Expand the bar side of the business

Features
Recently refurbished - Long lease - Very good on line reviews - Nothing to spend - Excellent social media presence - Under Management - Very good coffee - No outdoor seating fees

Premises
Modern and chic fit out with New York style use of natural raw timber finishes and greenery, ample storage, amenities and 70 sq mtrs.

Location
High density residential suburb with a captive market of customers in a well known eat street in the Inner West

Trading Hours
7 days - Mon. - Wed. - 7 a.m. - 3 p.m. -Thurs. - Sun.- 7 a.m. - 4 p.m.

Lease
Current lease expires Dec. 2020 + 5 year option - 5% Increases - 4 month bond

Employees
1 Manager + 1 fulltime chef + 4-5 casuals

Comments
Misc.- 1 - Other general expenses and GST. - The Managers wage of $1100 p.w. has been removed and shown in net profit as for an owner operator. - The owners spent over $80K on the fit out in Dec. 2016. - A new 3 group coffee machine is owned by the coffee company. -This business has not reached its full potential and with a motivated owner could easily increase sales by opening more hours - it has huge opportunity to open at night as a bar and take advantage of the rare drink and dine (PSA) liquor license.- A must to inspect but please be very discreet!!

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

SBXSF1391

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