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Cafe - Espresso - Takeaway - Under Management - Sydney CBD - (Code: SF1484)

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Price: $148,000






Weekly Takings (inc GST) $11,050
Cost of Goods $3,400
Gross Profit $7,650
Rent $1,474
Wages $2,500
Outgoings $80
Telephone $
Insurance $90
Electricity $100
Gas $
Misc 1 $820
Misc 2 $
Total Expenses $5,064
Net Profit $2,586
Coffee Kilos P/W 0.0

Estimated Stock

$4,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - Espresso- Takeaway currently selling 45 - 50 kgs. coffee p.w. - Well known for its popular toasties menu, sandwiches, wraps, salads, pastries and cold drinks. - Light cooking only - Fully licensed - 32 seats outside - Very suitable for experienced operators

Potential
Great potential for a new owner / operator with the new corporate tower, hotel and city light rail on the way - Could better utilize liquor license, introduce corporate catering - Open more hours - Easy to replicate concept for a possible franchise opportunity

Features
Valuable on-premise and caterers liquor license - Strong social media presence and following - Excellent on line reviews - Loyal clientele - Easy to run - Nothing to spend - Under Management - Great space and fit out

Premises
Architecturally designed structure directly under a prominent CBD tower with an area of 19 m2 inside and 25 m2 outside

Location
Situated down some stairs in a courtyard and next to a large office tower close to train stations, hotels, and surrounded by offices and other commercial in the heart of the Sydney C.B.D.

Trading Hours
5 days - Monday to Friday - 7 a.m.- 4 p.m.

Lease
Current lease expires July, 2023 - C.P.I .increases - 6 month bond

Employees
1 Manager + 3 casuals

Comments
Misc.- 1 - Other general expenses and GST - Currently opens Mon. to Fri., but catererís liquor license allows for night time trading as a bar with food. - A 3 group coffee machine is owned by the coffee company. - Rent shown on lease is $1965p.w ex gst. however a 25% rent reduction has been achieved by the vendor while nearby construction is going on so current rent shown is $1474p.w. ex gst . - Newly set up business in July 2016 with set up cost of over $300K. - This stylish and unique cafe/espresso bar is situated adjacent to a construction site and this is taken into account with sale price - Lots of the tradies get their coffee from this espresso bar - This is a rapidly growing area and a must to inspect but please be discreet - Won't 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.

SBXSF1484

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