Visit this listing at https://www.sbx.com.au/business?id=G1714

Business Code: G1714

Key Features: Excellent location

State: NSW

Suburb: Barangaroo, 2000

Location: Well located in the lobby of a building in Barangaroo with approx. 1500 tenants surrounded by commercial offices, shops & the future new casino.

Description

Lobby Cafe - Espresso Bar servicing a building in the Barangaroo precinct selling approx. 40 kgs. coffee pw. - A growing business offering a full breakfast, freshly squeezed juices, smoothies, sandwiches, wraps, salads, burgers & seasonal specials. - Seating inside for approx. 70 as well as a large lobby area with communal table and additional seating.

Summary

  • Features: Excellent location. - Growing business. - Captive catering market. - Amazing future potential growth. - Brand new fit out. - Long lease & low rent. - 5 day business.
  • Potential: Huge potential to grow as this new precinct is completed with the opening of the new casino. - Huge catering potential. - An active hands on owner operator could easily reduce wages and increase profits.
  • Premises: This business has an area of approx .120 sq.mts. including a full commercial kitchen & walk in cool room & freezer.
  • Trading Hours: 5 days. - Mon. - Fri. - 7:00 a.m. - 4:00 p.m.
  • Lease: 7 year lease commenced Feb. 2018. - 3.5% Annual increases. - 3 months bond.
  • Employees: 1 Manager + 1 full time chef + 5 casuals
  • Comments: Rent includes all outgoings (including trade waste). - The figures being shown are as if being run by an owner operator and the wages for the Manager ($1495) have been deducted from wages and added to the nett profit. - The lease includes a relocation clause to have the first right of refusal to accept a new position at the front of the building on completion of the Barangaroo building works. - Misc.- 1 - Other expenses & Misc. - 2 - GST paid.

Weekly Summary

Weekly Takings (inc GST)

$20,000

Cost of Goods

$6,000

Gross Profit

$14,000

Rent

$1,592

Wages

$5,205

Telephone

$20

Insurance

$50

Electricity

$425

Gas

$70

Misc1

$100

Misc2

$685

Total Expenses

$8,147

Estimated Stock (Additional)

$5,000

Net Profit

$5,853

Price

$675,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso Bar - Under Management

Business Code: G1714

Key Features: Excellent location

State: NSW

Suburb: Barangaroo, 2000

Location: Well located in the lobby of a building in Barangaroo with approx. 1500 tenants surrounded by commercial offices, shops & the future new casino.

Description

Lobby Cafe - Espresso Bar servicing a building in the Barangaroo precinct selling approx. 40 kgs. coffee pw. - A growing business offering a full breakfast, freshly squeezed juices, smoothies, sandwiches, wraps, salads, burgers & seasonal specials. - Seating inside for approx. 70 as well as a large lobby area with communal table and additional seating.

Summary

  • Features: Excellent location. - Growing business. - Captive catering market. - Amazing future potential growth. - Brand new fit out. - Long lease & low rent. - 5 day business.
  • Potential: Huge potential to grow as this new precinct is completed with the opening of the new casino. - Huge catering potential. - An active hands on owner operator could easily reduce wages and increase profits.
  • Premises: This business has an area of approx .120 sq.mts. including a full commercial kitchen & walk in cool room & freezer.
  • Trading Hours: 5 days. - Mon. - Fri. - 7:00 a.m. - 4:00 p.m.
  • Lease: 7 year lease commenced Feb. 2018. - 3.5% Annual increases. - 3 months bond.
  • Employees: 1 Manager + 1 full time chef + 5 casuals
  • Comments: Rent includes all outgoings (including trade waste). - The figures being shown are as if being run by an owner operator and the wages for the Manager ($1495) have been deducted from wages and added to the nett profit. - The lease includes a relocation clause to have the first right of refusal to accept a new position at the front of the building on completion of the Barangaroo building works. - Misc.- 1 - Other expenses & Misc. - 2 - GST paid.

Weekly Summary

Weekly Takings
(inc GST)

$20,000

Cost of Goods

$6,000

Gross Profit

$14,000

Rent

$1,592

Wages

$5,205

Telephone

$20

Insurance

$50

Electricity

$425

Gas

$70

Misc1

$100

Misc2

$685

Total Expenses

$8,147

Estimated Stock (Additional)

$5,000

Net Profit

$5,853

Price

$675,000

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