Visit this listing at https://www.sbx.com.au/business?id=F3338

Business Code: F3338

Key Features: Cafe Sales $20000 pw Major Centre Parramatta Nett $5000 pw - Under Management

State: NSW

Suburb: Parramatta, 2150

Location: Prime location in heart of major Westfield Parramatta , surrounded by major high end retailers in Western Suburbs.

Description

Cafe selling premium breakfast and lunch including toasts and preserves, devonshire teas, crispy bacon and egg rolls, eggs benedict, salads, squid, dory fish, grilled chicken breast, gourmet beef burgers, sweet potato wedges, premium cake selections, desserts, freshly squeezed juices and cold drinks including milkshakes and smoothies - Currently using 35 kgs. coffee p.w. - Full state of the art kitchen with a large external seating area adjacent to cafe - 75 seats inside - 35 seats in the foyer. Run under management .Lots of potential and opportunity to generate more profit.

Summary

  • Features: Brand new fit out - New long lease - Simple easy menu - High food margins - Good staff in place. - Great presentation.Run under management.
  • Potential: To do more social media advertising - to extend the current simple menu by adding other items that compliment the existing well designed menu.
  • Premises: Brand new fit out with full commercial kitchen including grease trap and an area of 105 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 9.30 a.m. to 6 p.m. - Thurs. - 9.30 a.m. to 9 p.m. - Sat. - 9 a.m. to 6 p.m. - Sun. - 10 a.m. - 6 p.m.
  • Lease: Current lease expires Sept. 2025 - 5 % annual rental increases - $33,000 bond.
  • Employees: One manager + 2 cooks + 2 baristas + 4 - 5 casuals as required .Run under full management .
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$21,500

Cost of Goods

$6,020

Gross Profit

$15,480

Rent

$3,098

Wages

$5,500

Outgoings

$260

Telephone

$20

Insurance

$80

Electricity

$230

Misc1

$830

Coffee Kilos P/W

35

Total Expenses

$10,480

Estimated Stock (Additional)

$5,000

Net Profit

$5,000

Price

$350,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Under Full Management

Business Code: F3338
Price: $350,000
+ Estimated SAV $5,000

Key Features: Cafe Sales $20000 pw Major Centre Parramatta Nett $5000 pw - Under Management

State: NSW

Suburb: Parramatta, 2150

Location: Prime location in heart of major Westfield Parramatta , surrounded by major high end retailers in Western Suburbs.

Description

Cafe selling premium breakfast and lunch including toasts and preserves, devonshire teas, crispy bacon and egg rolls, eggs benedict, salads, squid, dory fish, grilled chicken breast, gourmet beef burgers, sweet potato wedges, premium cake selections, desserts, freshly squeezed juices and cold drinks including milkshakes and smoothies - Currently using 35 kgs. coffee p.w. - Full state of the art kitchen with a large external seating area adjacent to cafe - 75 seats inside - 35 seats in the foyer. Run under management .Lots of potential and opportunity to generate more profit.

Summary

  • Features: Brand new fit out - New long lease - Simple easy menu - High food margins - Good staff in place. - Great presentation.Run under management.
  • Potential: To do more social media advertising - to extend the current simple menu by adding other items that compliment the existing well designed menu.
  • Premises: Brand new fit out with full commercial kitchen including grease trap and an area of 105 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 9.30 a.m. to 6 p.m. - Thurs. - 9.30 a.m. to 9 p.m. - Sat. - 9 a.m. to 6 p.m. - Sun. - 10 a.m. - 6 p.m.
  • Lease: Current lease expires Sept. 2025 - 5 % annual rental increases - $33,000 bond.
  • Employees: One manager + 2 cooks + 2 baristas + 4 - 5 casuals as required .Run under full management .
  • Sale Reason: Other business interests ..
  • Comments: Vendor does not own the coffee machine or grinder. - First time on the market and a must to inspect.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$21,500

Cost of Goods

$6,020

Gross Profit

$15,480

Rent (ex GST)

$3,098

Wages

$5,500

Outgoings

$260

Telephone

$20

Insurance

$80

Electricity

$230

Misc1

$830

Coffee Kilos P/W

35

Total Expenses

$10,480

Estimated Stock (Additional)

$5,000

Net Profit

$5,000

Price

$350,000
+ Estimated SAV $5,000

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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.