Visit this listing at https://www.sbx.com.au/business?id=FN1309

Business Code: FN1309

Key Features: Restaurant - Shopping centre location - Upper North Shore-Sales $75,000 p.w

State: NSW

Location: Premium position at the outside entrance of a major shopping centre in Sydney's Upper North Shore having excellent visibility, signage exposure, and easy customer access

Description

Fully licensed cafe and restaurant serving a wide range of dishes for breakfast, lunch, and dinner. Popular menu items include salted caramel French toast, dry-aged Wagyu steaks, vibrant Asian fusion cuisine, Margherita pizza, pork ribs, Aussie Wagyu beef burgers with chips, seafood marinara spaghettini, olive pasta, and more. The business averages coffee sales of 55kgs. per week, and offers 56 indoor seats and 40 outdoor seats. Liquor license valid until 11:30 p.m.. State-of-the-art modern fit-out with no further investment required.Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydney's best-performing cafe/restaurants

Summary

  • Features: Prime location with high foot traffic- Wide selection of popular Australian and Asian fusion dishes- Stylish and modern fit-out in excellent condition- Strong online reviews and loyal customer base. Turnkey operation - nothing more to spend
  • Potential: Ideal for an experienced owner-operator looking to improve profit margins-Opportunity to expand catering services -Potential to boost sales through local marketing and a stronger social media presence
  • Premises: Spacious and beautifully designed cafe / restaurant with 340 sqm of total space with fully equipped kitchen, large dining area, and outdoor seating area
  • Trading Hours: 7 days - Monday to Sunday: 7:00 am to 9:30 pm.
  • Lease: 9 year lease commenced March 2019 - 4-month bond - 4% annual rent increases (CPI linked)
  • Employees: Under full Management - 12 full timers + 5 part timers + 6 casuals.
  • Sale Reason: Opening new restaurant
  • Comments: Operates under a licensed brand name (3 venues in Sydney under the same branding)- Coffee machine, milk fridge, and drink fridge are owned by the coffee supplier, pizza fireplace is owned by the business- Rent includes outgoings and marketing fees- Sales are steadily growing-Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydney's best-performing cafe/restaurants

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$75,000

Cost of Goods

$22,000

Gross Profit

$53,000

Rent

$5,190

Wages

$18,350

Insurance

$57

Electricity

$1,700

Gas

$553

Misc1

$150

Coffee Kilos P/W

55

Total Expenses

$26,000

Estimated Stock (Additional)

$15,000

Net Profit

$27,000

Price

$1,400,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant- Cafe

Business Code: FN1309
Price: $1,400,000
+ Estimated Stock (SAV) $15,000

Key Features: Restaurant - Shopping centre location - Upper North Shore-Sales $75,000 p.w

State: NSW

Location: Premium position at the outside entrance of a major shopping centre in Sydney's Upper North Shore having excellent visibility, signage exposure, and easy customer access

Business Overview

Fully licensed cafe and restaurant serving a wide range of dishes for breakfast, lunch, and dinner. Popular menu items include salted caramel French toast, dry-aged Wagyu steaks, vibrant Asian fusion cuisine, Margherita pizza, pork ribs, Aussie Wagyu beef burgers with chips, seafood marinara spaghettini, olive pasta, and more. The business averages coffee sales of 55kgs. per week, and offers 56 indoor seats and 40 outdoor seats. Liquor license valid until 11:30 p.m.. State-of-the-art modern fit-out with no further investment required.Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydney's best-performing cafe/restaurants

Summary

  • Key Features: Prime location with high foot traffic- Wide selection of popular Australian and Asian fusion dishes- Stylish and modern fit-out in excellent condition- Strong online reviews and loyal customer base. Turnkey operation - nothing more to spend
  • Potential: Ideal for an experienced owner-operator looking to improve profit margins-Opportunity to expand catering services -Potential to boost sales through local marketing and a stronger social media presence
  • Premises: Spacious and beautifully designed cafe / restaurant with 340 sqm of total space with fully equipped kitchen, large dining area, and outdoor seating area
  • Trading Hours: 7 days - Monday to Sunday: 7:00 am to 9:30 pm.
  • Lease: 9 year lease commenced March 2019 - 4-month bond - 4% annual rent increases (CPI linked)
  • Employees: Under full Management - 12 full timers + 5 part timers + 6 casuals.
  • Sale Reason: Opening new restaurant
  • Comments: Operates under a licensed brand name (3 venues in Sydney under the same branding)- Coffee machine, milk fridge, and drink fridge are owned by the coffee supplier, pizza fireplace is owned by the business- Rent includes outgoings and marketing fees- Sales are steadily growing-Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydney's best-performing cafe/restaurants

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$75,000

Cost of Goods

$22,000

Gross Profit

$53,000

Rent (ex GST)

$5,190

Wages

$18,350

Insurance

$57

Electricity

$1,700

Gas

$553

Misc1

$150

Coffee Kilos P/W

55

Total Expenses

$26,000

Estimated Stock (Additional)

$15,000

Net Profit

$27,000

Price

$1,400,000
+ Estimated Stock (SAV) $15,000

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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.