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Cafe - Espresso - Takeaway - Under Management - City Fringe - (Code: SF1450)

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Price: $145,000






Weekly Takings (inc GST) $14,400
Cost of Goods $4,500
Gross Profit $9,900
Rent $2,411
Wages $3,300
Outgoings $
Telephone $25
Insurance $70
Electricity $220
Gas $100
Misc 1 $1,250
Misc 2 $
Total Expenses $7,376
Net Profit $2,524
Coffee Kilos P/W 15.0

Estimated Stock

$9,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - takeaway selling 15-18 kgs. coffee p.w. - Open for breakfast and lunch - Currently serving all day breakfasts and breakfast bowls, freshly made sandwiches, burgers, salads, juice and cold drinks - Full kitchen with all modern and new cool room, upright freezer, fridges, Unox Oven and a 3 group coffee machine. - fully licenced - 30 seats inside and 10 seats in covered outside area - Lots of home delivery.

Potential
Could open at night - Expand catering - Do some marketing and advertising - An owner operator could increase sales and profit as the current owner has no experience in the industry - Many new developments and apartments under construction nearby.

Features
Lively location with lots of foot traffic - Stunning modern fit out - Great position - Long lease - DA to open till 11 pm - Nothing to spend - Top of the line equipment - Beautiful set up with an indoor plant feature wall and watering system.

Premises
Modern and spacious glass front shop cafe with storage room below a block of apartments and surrounded by well known restaurants and cafes with an area of 104 sq. mtrs.

Location
Situated in the heart of buzzing dining hub on the main street of an affluent, and densely populated suburb of City Fringe of Sydney.

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

Lease
Current lease expires Jan. 2022 + 5 year option - 6% C.P.I. increases - 3 month bond.

Employees
1 Manager + 1 fulltimer + 1 parttimer + 2 - 3 casuals

Comments
Misc.- 1 -Other general expenses and GST.- Car space could also be rented out for $250 p.w. - Brand new on premise liquor license till 10 a.m. till 8 p.m. - A beautiful 3 Group coffee machine is fully owned. - Managers wage of $1000 p.w. has been removed from wages and shown in net profit as for an owner operator.- Coffee is specially roasted for this cafe and the new owner can continue to use the blend if required - The business name is not being sold with the business - Please contact your broker for more details including address. - A must to inspect this cafe but please be very discreet - Wont last.

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

SBXSF1450

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