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Cafe - Bar - Restaurant - Takeaway - City Fringe - (Code: SF1430)

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Price: $95,000






Weekly Takings (inc GST) $13,800
Cost of Goods $3,800
Gross Profit $10,000
Rent $2,914
Wages $2,800
Outgoings $294
Telephone $30
Insurance $40
Electricity $220
Gas $150
Misc 1 $410
Misc 2 $114
Total Expenses $6,972
Net Profit $3,028
Coffee Kilos P/W 0.0

Estimated Stock

$15,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant - cafe - bar serving Italian cuisine including homemade pasta, sandwiches, antipasto, share plates, bar food, salads and desserts - Selling 15 kgs. coffee p.w. -There is a huge fully equipped commercial kitchen with walk in cool room, large freezer, grill, meat slicer. pasta cooker, deep fryer, 6 burner stove, 2 ovens, dishwasher, large ice machine, juicer and glass washer. - Plenty of refrigeration and fully licensed with a cocktail bar and beer on tap. - 50 seats inside and 22 seats outside.

Potential
Increase trading hours to do breakfast during weekdays - Open Mondays and Sunday nights - Could do some local marketing, advertising and letterbox drops - Expand the catering side of the business - Increase coffee sales - Would also suit any cuisine or bar - Set up home delivery -

Features
Well established. - Great location. - Great reputation - Loyal clientele - Brand new fit out - Nothing to spend - Liquor licence approved 7 days till midnight

Premises
These very modern and spacious premises have a large cocktail bar, store room, office and separate men and women's toilets with an area of approx. 160 sq. mts.

Location
Corner position on two main roads in restaurant and bar precinct surrounded by commercial and residential in Sydneys City Fringe.

Trading Hours
6 days - Tues. to Fri. - 11.30 a.m. - 3 p.m. & 5.00 p.m. to 11.00 p.m,. - Sat. - 9 a.m - 11.30 p.m and Sun. - 9 a.m - 3.30 p.m

Lease
Current lease expires Aug. 2019 + 3 + 3 year option - C.P.I. increases - 3 month bond.

Employees
1 owner + 1 fulltimer + 4 casuals

Comments
Misc. 1 - Other general expenses - Misc. 2 - Outdoor seating - The coffee machine is owned by the coffee company - This business is in a great position and has a new modern fit out - The premises has been a restaurant for over 25 years and is in a very good location in a popular eat street - 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.

SBXSF1430

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