Visit this listing at https://www.sbx.com.au/business?id=CB1299A

Business Code: CB1299A

Key Features: Profit $2,755 pw -Tourist location Merimbula Nsw

State: NSW

Suburb: Merimbula, 2548

Location: Sweeping water views from prime location on upper floor of centrally located market place in popular South Coast town.

Description

Cafe - restaurant specialising in Mexican cuisine. - Extensive choice of Tex / Mex favourites, including seasonal options, available for lunch or dinner - A takeaway service is popular, with dishes very reasonably priced - Guests have the option of indoor seating or outdoor seating, with 2 open decks with water views available - The well stocked bar has strong support, with the Mexican staple, Margarita, in demand - Kitchen is well equipped with coolroom and ample refrigeration. - 47 seats outside - 70 seats inside - Licenced.

Summary

  • Features: Great location - Strong tourist trade - Excellent local support. - Extensive water views. - Well established
  • Potential: Open public holidays - Open for breakfast - promote drink option on liquor license utilising attractive bar.
  • Premises: Upper floor location, with disabled lift access, and with open plan indoor seating complemented by 2 large outdoor decks.
  • Trading Hours: 7 days - Mon. - Sun. - 5.30 p.m. - 8.30 p.m. - Wed. - Sun. - 12.00 p.m. - 2.30 p.m.
  • Lease: Current lease expires March, 2019 + 4 + 4 years - C.P.I. increases - Bond 3 months.
  • Employees: 1 owner + 3 fulltimers + 6 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$13,000

Cost of Goods

$4,000

Gross Profit

$9,000

Rent

$1,200

Wages

$4,500

Telephone

$20

Insurance

$60

Electricity

$330

Misc1

$135

Total Expenses

$6,245

Estimated Stock (Additional)

$10,000

Equipment (Included)

$100,000

Net Profit

$2,755

Price

$175,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Restaurant - Bar - Mexican Cuisine

Business Code: CB1299A
Price: $175,000

Key Features: Profit $2,755 pw -Tourist location Merimbula Nsw

State: NSW

Suburb: Merimbula, 2548

Location: Sweeping water views from prime location on upper floor of centrally located market place in popular South Coast town.

Description

Cafe - restaurant specialising in Mexican cuisine. - Extensive choice of Tex / Mex favourites, including seasonal options, available for lunch or dinner - A takeaway service is popular, with dishes very reasonably priced - Guests have the option of indoor seating or outdoor seating, with 2 open decks with water views available - The well stocked bar has strong support, with the Mexican staple, Margarita, in demand - Kitchen is well equipped with coolroom and ample refrigeration. - 47 seats outside - 70 seats inside - Licenced.

Summary

  • Features: Great location - Strong tourist trade - Excellent local support. - Extensive water views. - Well established
  • Potential: Open public holidays - Open for breakfast - promote drink option on liquor license utilising attractive bar.
  • Premises: Upper floor location, with disabled lift access, and with open plan indoor seating complemented by 2 large outdoor decks.
  • Trading Hours: 7 days - Mon. - Sun. - 5.30 p.m. - 8.30 p.m. - Wed. - Sun. - 12.00 p.m. - 2.30 p.m.
  • Lease: Current lease expires March, 2019 + 4 + 4 years - C.P.I. increases - Bond 3 months.
  • Employees: 1 owner + 3 fulltimers + 6 casuals
  • Sale Reason: Pursue other business opportunities.
  • Comments: Misc.- 1 - Cleaning - security coverage provided by landlord - income is gst inclusive.

Weekly Summary

Weekly Takings
(inc GST)

$13,000

Cost of Goods

$4,000

Gross Profit

$9,000

Rent (ex GST)

$1,200

Wages

$4,500

Telephone

$20

Insurance

$60

Electricity

$330

Misc1

$135

Total Expenses

$6,245

Estimated Stock (Additional)

$10,000

Equipment (Included)

$100,000

Net Profit

$2,755

Price

$175,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.