Sydney CBD
NSW
$698,000
Cafe - Bar - EspressoPrice: $250,000Net Profit: $5,605 |
Visit this listing at https://www.sbx.com.au/business?id=FQ1124F |
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Business Code: FQ1124F Key Features: Cafe - Sales $23,000 p.w - Bar - Espresso - Nth West Sydney N.s.w State: NSW Location: Situated in a popular high traffic shopping centre in Sydney near all facilities & train station. DescriptionCafe serving delicious breakfast menu and lunch selections. - Also sells approx. 20-25 kgs. premium coffee p.w., alcoholic beverages, juices, cocktails etc. - Menu includes burgers, sandwiches, pasta, waffles, egg benedict, vegan breakfast, selection of toasts and mains (e.g. seafood basket, fish & chips, lamb cutlets etc). - Landlord pays for all electricity, water rates, outgoings, equipment repairs, coffee machine servicing fee, eftpos merchant fees & gas. - 150 seats inside - Lic - Vendors own Confidentiality Agreement to be signed before proceeding further. - The business is currently CLOSED due to personal reasons. Summary
Weekly SummaryWeekly Takings (inc GST)$23,000Cost of Goods$6,500Gross Profit$16,500Rent$1,800Wages$7,300Telephone$35Insurance$160Misc1$100Misc2$1,500Coffee Kilos P/W25Total Expenses$10,895Estimated Stock (Additional)$30,000Net Profit$5,605Price$250,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Cafe - Bar - Espresso
Business Code: FQ1124F
Price: $250,000
+ Estimated SAV $30,000
Key Features: Cafe - Sales $23,000 p.w - Bar - Espresso - Nth West Sydney N.s.w
State: NSW
Location: Situated in a popular high traffic shopping centre in Sydney near all facilities & train station.
Description
Cafe serving delicious breakfast menu and lunch selections. - Also sells approx. 20-25 kgs. premium coffee p.w., alcoholic beverages, juices, cocktails etc. - Menu includes burgers, sandwiches, pasta, waffles, egg benedict, vegan breakfast, selection of toasts and mains (e.g. seafood basket, fish & chips, lamb cutlets etc). - Landlord pays for all electricity, water rates, outgoings, equipment repairs, coffee machine servicing fee, eftpos merchant fees & gas. - 150 seats inside - Lic - Vendors own Confidentiality Agreement to be signed before proceeding further. - The business is currently CLOSED due to personal reasons.
Summary
- Features: No outgoings - No renovation clause in lease - Well known on social media. - Fully functional website - Top fitout.
- Potential: Partner with online sites such as UberEat, Menulog etc. - Currently no catering or deliveries. - Extend trading hours to include evening meals - Grow the events & functions clientele.
- Premises: This business has an area of 400 sq. mts. and has been recently refurbished with premium trimmings with $625K spent on renovations.
- Trading Hours: 7 days - Mon. - Wed. & Fri. - 9:00 a.m.- 5:00 p.m. - Thurs.- 9:00 a.m. - 9:00 p.m. - Sat. - Sun. - 8:00 a.m. - 5:00 p.m.
- Lease: Current lease expires March, 2022. - 4% annual increases. - Bond is bank guarantee of $20K
- Employees: 1 owner + 4 fulltimers + 7 casuals
- Sale Reason: Personal reasons. - Urgent sale
- Comments: Easy landlord approval. - Rent includes a bonus dry store room without charge. - Huge potential to scale this business up. - Misc. - 1 - refers to social media marketing cost - Misc. - 2 - refers to gst & taxes.-
Turnover last financial year was $1.2m - Xmas turnover is approx. $30-35k p.w. - Owner is willing to stay behind indefinitely as a Manager approx. 20-30 hrs.pw. (if required) - Turnover: 80% meals - 20% beverages / alcohol. - Rare opportunity.
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
$23,000
Cost of Goods
$6,500
Gross Profit
$16,500
Rent (ex GST)
$1,800
Wages
$7,300
Telephone
$35
Insurance
$160
Misc1
$100
Misc2
$1,500
Coffee Kilos P/W
25
Total Expenses
$10,895
Estimated Stock (Additional)
$30,000
Net Profit
$5,605
Price
$250,000
+ Estimated SAV $30,000
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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.
