Visit this listing at https://www.sbx.com.au/business?id=F3329

Business Code: F3329

Key Features: Cafe - Sales $18,000 p.w - City Fringe location Sydney - Profit $4000 p.w .

State: NSW

Location: Prime street front location close to railway station in City Fringe.

Description

Cafe - espresso - currently serving 30 kgs.coffee p.w,. - Modern Australian food including breakfast, sandwiches, light snacks, salads, corn fritters, falafel lamb, monster steak sandwiches, pastries and cakes as well as cold drinks, smoothies, milkshakes and frappes - Full kitchen - 60 seats inside.

Summary

  • Features: Well established - Local icon. - Very simple business to run.
  • Potential: To open for dinners especially on Friday - Saturday - and Sunday nights .
  • Premises: Nice presentation with full kitchen and an area of 100 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 7.30 a.m - 4 p.m. - Sat. - 8 a.m. - 4 p.m. - Sun. - 8.30 a.m. to 3.30 p.m.
  • Lease: Current lease expires in Feb. 2024 - 3% annual rental increases - 3 month bond .
  • Employees: One owner works 2 days a week (Wed and Sun) - One Manager's wages have been added back to profit - 1 kitchen hand , 1 barista plus casuals as required
  • Comments: The vendor owns the coffee machine and grinder. - Current owner had no food experience when he purchased the business. - First time on the market and a must to inspect.

Weekly Summary

Weekly Takings (inc GST)

$18,000

Cost of Goods

$5,410

Gross Profit

$12,590

Rent

$2,272

Wages

$5,000

Outgoings

$81

Telephone

$20

Insurance

$90

Electricity

$270

Gas

$160

Misc1

$697

Coffee Kilos P/W

30

Total Expenses

$8,590

Estimated Stock (Additional)

$8,000

Net Profit

$4,000

Price

$348,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso

Business Code: F3329
Price: $348,000

Key Features: Cafe - Sales $18,000 p.w - City Fringe location Sydney - Profit $4000 p.w .

State: NSW

Location: Prime street front location close to railway station in City Fringe.

Description

Cafe - espresso - currently serving 30 kgs.coffee p.w,. - Modern Australian food including breakfast, sandwiches, light snacks, salads, corn fritters, falafel lamb, monster steak sandwiches, pastries and cakes as well as cold drinks, smoothies, milkshakes and frappes - Full kitchen - 60 seats inside.

Summary

  • Features: Well established - Local icon. - Very simple business to run.
  • Potential: To open for dinners especially on Friday - Saturday - and Sunday nights .
  • Premises: Nice presentation with full kitchen and an area of 100 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 7.30 a.m - 4 p.m. - Sat. - 8 a.m. - 4 p.m. - Sun. - 8.30 a.m. to 3.30 p.m.
  • Lease: Current lease expires in Feb. 2024 - 3% annual rental increases - 3 month bond .
  • Employees: One owner works 2 days a week (Wed and Sun) - One Manager's wages have been added back to profit - 1 kitchen hand , 1 barista plus casuals as required
  • Comments: The vendor owns the coffee machine and grinder. - Current owner had no food experience when he purchased the business. - First time on the market and a must to inspect.

Weekly Summary

Weekly Takings
(inc GST)

$18,000

Cost of Goods

$5,410

Gross Profit

$12,590

Rent (ex GST)

$2,272

Wages

$5,000

Outgoings

$81

Telephone

$20

Insurance

$90

Electricity

$270

Gas

$160

Misc1

$697

Coffee Kilos P/W

30

Total Expenses

$8,590

Estimated Stock (Additional)

$8,000

Net Profit

$4,000

Price

$348,000

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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.