Visit this listing at https://www.sbx.com.au/business?id=G1718

Business Code: G1718

Key Features: Cafe - Sales $23,500 pw Restaurant - Bar - Under Management Baulkham Hills NSW

State: NSW

Suburb: Baulkham Hills, 2153

Location: Well located under a hotel and office building in a large business park in the North West Sydney.

Description

Cafe. - Bar - Grill offering a full breakfast, lunch and dinner (including hotel room service) - Most of the guests are either employees or customers of the large businesses in the business park and use the hotel Mon. - Fri. - Often the hotel has large Tour Groups staying on weekends which require breakfast. - 40 seats inside - 50 seats outside - Licensed

Summary

  • Features: Well established business. - No competition close by - Very low rent - Long lease - Captive market with Hotel room service. - Large outdoor deck.
  • Potential: A new owner can open 7 days p.w.. - A hands on owner operator could replace the Manager and save $1200 or an active couple could add another $2k to profit. - Could grow the catering to all the businesses close by.
  • Premises: This business has an area of approx. 200 sq. mts. including full kitchen and outdoor seating area.
  • Trading Hours: 5 days - Mon. to Fri. - 6:30 a.m. - 9 p.m. (Owners open occasionally on weekends for tour group breakfasts)
  • Lease: 6 year lease commenced Jan. 2019 - 3 month rental bond. - 4% annual increases.
  • Employees: 1 owner (only part time) + 1 Manager + 5 fulltimers & 3 casuals when required.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$23,500

Cost of Goods

$6,345

Gross Profit

$17,155

Rent

$973

Wages

$7,000

Outgoings

$213

Telephone

$20

Insurance

$50

Electricity

$390

Gas

$125

Misc1

$800

Coffee Kilos P/W

20

Total Expenses

$9,571

Estimated Stock (Additional)

$10,000

Net Profit

$7,584

Price

$588,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Restaurant - Bar - Under Management

Business Code: G1718
Price: $588,000

Key Features: Cafe - Sales $23,500 pw Restaurant - Bar - Under Management Baulkham Hills NSW

State: NSW

Suburb: Baulkham Hills, 2153

Location: Well located under a hotel and office building in a large business park in the North West Sydney.

Description

Cafe. - Bar - Grill offering a full breakfast, lunch and dinner (including hotel room service) - Most of the guests are either employees or customers of the large businesses in the business park and use the hotel Mon. - Fri. - Often the hotel has large Tour Groups staying on weekends which require breakfast. - 40 seats inside - 50 seats outside - Licensed

Summary

  • Features: Well established business. - No competition close by - Very low rent - Long lease - Captive market with Hotel room service. - Large outdoor deck.
  • Potential: A new owner can open 7 days p.w.. - A hands on owner operator could replace the Manager and save $1200 or an active couple could add another $2k to profit. - Could grow the catering to all the businesses close by.
  • Premises: This business has an area of approx. 200 sq. mts. including full kitchen and outdoor seating area.
  • Trading Hours: 5 days - Mon. to Fri. - 6:30 a.m. - 9 p.m. (Owners open occasionally on weekends for tour group breakfasts)
  • Lease: 6 year lease commenced Jan. 2019 - 3 month rental bond. - 4% annual increases.
  • Employees: 1 owner (only part time) + 1 Manager + 5 fulltimers & 3 casuals when required.
  • Sale Reason: Owner has a larger exporting business and wants to have more time.
  • Comments: Outgoings include rubbish collection, water & air con. - Miscell. - 1 - GST and other expenses.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$23,500

Cost of Goods

$6,345

Gross Profit

$17,155

Rent (ex GST)

$973

Wages

$7,000

Outgoings

$213

Telephone

$20

Insurance

$50

Electricity

$390

Gas

$125

Misc1

$800

Coffee Kilos P/W

20

Total Expenses

$9,571

Estimated Stock (Additional)

$10,000

Net Profit

$7,584

Price

$588,000

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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.