Visit this listing at https://www.sbx.com.au/business?id=G1547

Business Code: G1547

Key Features: Established 30 years - Under Management - Nett $3023 p.w

State: NSW

Suburb: Elizabeth Bay, 2011

Location: Well located with great visibility in a high density residential area on busy road in trendy Eastern Suburbs.

Description

Cafe - espresso bar currently run under management selling 35 kgs. coffee pw & offering a full breakfast, gourmet sandwiches & wraps, salads, cakes, pastries plus drinks etc. - 16 seats inside - 9 seats outside.

Summary

  • Features: Well established business. - Great corner location that catches the sun most of the day.- High visibility. - Loyal customers. - Easy to run. - Good lease. - Low rent.
  • Potential: As the current business is run under management an owner operator could easily increase sales, reduce wages & increase profits. - Could increase sales by increasing trading hours. - Could get a liquor license & introduce a Tapas menu for early evenings.
  • Premises: This business has an area of approx 60 sq. mts. incl. large storeroom in basement.
  • Trading Hours: 7 days - Mon. - Fri. - 7:00 a.m. - 3:00 p.m. & Sat. - Sun. - 7:00 a.m. - 4:00 p.m.
  • Lease: 4 + 4 year lease expiring July 2021.
  • Employees: 1 Manager + 1 staff (weekdays) + 2 (weekends)
  • Comments: The owners have applied to council to change the DA to commence trading at 7:00 a.m. - The current DA allows for trading till 9 p.m- Mon - Fri and till 10 p.m on Saturdays. - The figures are being shown as if run by an owner operator. Misc. 1 - Garbage disposal. - Misc. -2 - Assorted other expenses.

Weekly Summary

Weekly Takings (inc GST)

$12,500

Cost of Goods

$3,750

Gross Profit

$8,750

Rent

$1,596

Wages

$3,600

Electricity

$230

Misc1

$94

Misc2

$207

Total Expenses

$5,727

Estimated Stock (Additional)

$3,000

Net Profit

$3,023

Price

$125,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso - Under Management

Business Code: G1547
Price: $125,000

Key Features: Established 30 years - Under Management - Nett $3023 p.w

State: NSW

Suburb: Elizabeth Bay, 2011

Location: Well located with great visibility in a high density residential area on busy road in trendy Eastern Suburbs.

Description

Cafe - espresso bar currently run under management selling 35 kgs. coffee pw & offering a full breakfast, gourmet sandwiches & wraps, salads, cakes, pastries plus drinks etc. - 16 seats inside - 9 seats outside.

Summary

  • Features: Well established business. - Great corner location that catches the sun most of the day.- High visibility. - Loyal customers. - Easy to run. - Good lease. - Low rent.
  • Potential: As the current business is run under management an owner operator could easily increase sales, reduce wages & increase profits. - Could increase sales by increasing trading hours. - Could get a liquor license & introduce a Tapas menu for early evenings.
  • Premises: This business has an area of approx 60 sq. mts. incl. large storeroom in basement.
  • Trading Hours: 7 days - Mon. - Fri. - 7:00 a.m. - 3:00 p.m. & Sat. - Sun. - 7:00 a.m. - 4:00 p.m.
  • Lease: 4 + 4 year lease expiring July 2021.
  • Employees: 1 Manager + 1 staff (weekdays) + 2 (weekends)
  • Comments: The owners have applied to council to change the DA to commence trading at 7:00 a.m. - The current DA allows for trading till 9 p.m- Mon - Fri and till 10 p.m on Saturdays. - The figures are being shown as if run by an owner operator. Misc. 1 - Garbage disposal. - Misc. -2 - Assorted other expenses.

Weekly Summary

Weekly Takings
(inc GST)

$12,500

Cost of Goods

$3,750

Gross Profit

$8,750

Rent (ex GST)

$1,596

Wages

$3,600

Electricity

$230

Misc1

$94

Misc2

$207

Total Expenses

$5,727

Estimated Stock (Additional)

$3,000

Net Profit

$3,023

Price

$125,000

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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.