Visit this listing at https://www.sbx.com.au/business?id=FX1083

Business Code: FX1083

Key Features: Prime location - Cafe - Sales $40,000 pw - 5 days only - Profit $9,840 pw

State: NSW

Suburb: Ultimo, 2007

Location: Prime location inside the university building with lots of pedestrian traffic in City fringe area.

Description

Cafe - bar - restaurant (dine -in and takeaway) serving approx. 25 kgs. coffee p.w. - Specialising in breakfast and lunch including meat and seafood dishes & offering a number of fresh smoothies & juices. - Bar serves a large collection of beer and wine. - Weekly catering takings are about $10,000 from surrounding offices and Uni. - 80 seats inside and 40 seats outside.

Summary

  • Features: Well established and easy to operate. - Excellent food and reputation in the city fringe area. - Repeat customers. - Great reviews online. - Busy central location with a trendy fit out.
  • Potential: Could do more marketing to boost even higher sales.
  • Premises: Quality fit out, custom made kitchen, designer furniture with an area of about 250 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri.- 7 a.m. - 10 p.m.
  • Lease: Current lease expires July 2025. - Rent is fixed at 10% of weekly takings with the University as the landlord. - 30k bond.
  • Employees: 1 owner + 6 fulltimers + 10 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$40,000

Cost of Goods

$14,000

Gross Profit

$26,000

Rent

$4,000

Wages

$11,200

Telephone

$20

Insurance

$40

Electricity

$200

Gas

$100

Misc1

$600

Coffee Kilos P/W

25

Total Expenses

$16,160

Estimated Stock (Additional)

$20,000

Net Profit

$9,840

Price

$820,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - University - Bar - Restaurant

Business Code: FX1083
Price: $820,000

Key Features: Prime location - Cafe - Sales $40,000 pw - 5 days only - Profit $9,840 pw

State: NSW

Suburb: Ultimo, 2007

Location: Prime location inside the university building with lots of pedestrian traffic in City fringe area.

Description

Cafe - bar - restaurant (dine -in and takeaway) serving approx. 25 kgs. coffee p.w. - Specialising in breakfast and lunch including meat and seafood dishes & offering a number of fresh smoothies & juices. - Bar serves a large collection of beer and wine. - Weekly catering takings are about $10,000 from surrounding offices and Uni. - 80 seats inside and 40 seats outside.

Summary

  • Features: Well established and easy to operate. - Excellent food and reputation in the city fringe area. - Repeat customers. - Great reviews online. - Busy central location with a trendy fit out.
  • Potential: Could do more marketing to boost even higher sales.
  • Premises: Quality fit out, custom made kitchen, designer furniture with an area of about 250 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri.- 7 a.m. - 10 p.m.
  • Lease: Current lease expires July 2025. - Rent is fixed at 10% of weekly takings with the University as the landlord. - 30k bond.
  • Employees: 1 owner + 6 fulltimers + 10 casuals.
  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$40,000

Cost of Goods

$14,000

Gross Profit

$26,000

Rent (ex GST)

$4,000

Wages

$11,200

Telephone

$20

Insurance

$40

Electricity

$200

Gas

$100

Misc1

$600

Coffee Kilos P/W

25

Total Expenses

$16,160

Estimated Stock (Additional)

$20,000

Net Profit

$9,840

Price

$820,000

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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.