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Cafe - Restaurant - Liquor Store - Gelato - Inner West - (Code: SF1429)

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Price: $258,000






Weekly Takings (inc GST) $25,300
Cost of Goods $7,800
Gross Profit $17,500
Rent $3,028
Wages $7,200
Outgoings $
Telephone $40
Insurance $100
Electricity $805
Gas $380
Misc 1 $750
Misc 2 $
Total Expenses $12,303
Net Profit $5,197
Coffee Kilos P/W 38.0

Estimated Stock

$85,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - restaurant - liquor store and gelato bar - This business consists of two sections. Fully licensed cafe / restaurant selling 35 - 40 kgs. of coffee p.w., pizza, pasta, salads, desserts. etc. - the second section is a liquor store and new gelato bar area - Fully licensed with 2 liquor licenses. - Takeaway available - A full commercial kitchen with large walk in cool room - 35 seats outside on the terrace and 65 inside.

Potential
Lots of new developments nearby - New school opening in Jan 2018 - Expand catering and functions - Introduce delivery - Room for more seats - Two owners or a couple could save on wages and increase profit

Features
Exclusive location with a captive market of customers - Stunning fit out - Rare opportunity - Good systems in place - Full street front exposure - Loyal clientele - Separate bottle shop

Premises
Very modern and inviting restaurant with one storeroom downstairs and one storage area in the main area, 2 toilets and an area of 300 m2

Location
Situated in a resort style complex within a luxury residential development, surrounded by other retail and close to the ferry and waterfront in the Western Suburbs.

Trading Hours
7 days - Mon. - Fri - 6.30 a.m - 10.30 p.m.- Sat. & Sun. - 7 a.m. - 11:00 p.m.

Lease
Current lease expires May, 2022 + 5 year option - C.P.I. increases - 3 month bond

Employees
1 owner + 6 fulltimers + 8-10 casuals

Comments
Misc.- 1 - Other general expenses - The current owner is not a chef but works full time building the business and is selling only due to health issues. - A two group coffee machine is fully owned in the new gelato section and the three group coffee machine is owned by the coffee company.- This business has a spectacular fit out which cost in excess of $1 million. - No outdoor seating fees Two liquor licenses including an on premise license for the cafe / restaurant and the liquor shop has a liquor packaged license - Good records available after a meeting - A rare and exciting opportunity - 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.

SBXSF1429

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