Visit this listing at https://www.sbx.com.au/business?id=G1728

Business Code: G1728

Key Features: Cafe - Sales $14,750 p.w - Espresso Bar - Sydney CBD - 5 days - New fit-out

State: NSW

Suburb: Sydney, 2000

Location: Prime Sydney CBD location in the lobby of one of 2 new towers.

Description

Lobby cafe - espresso ear servicing one of 2 towers with approx. 7000 tenants. - A brand new & excellent fit-out, already selling approx. 33 kgs. coffee p.w. - A growing business offering breakfast pastries & muffins, sandwiches, wraps, salads, coffee, teas and cold drinks. - Seating inside for approx. 18.

Summary

  • Features: Brand new $400K fit-out & equipment. - Amazing future potential growth. - Captive catering market. - Long lease & low rent. - Prime CBD lobby location. - Easy to manage. - 5 days trading.
  • Potential: Huge opportunity to get into the tightly held lobby cafe market in the Sydney CBD. - This new cafe has huge potential for future growth by adding additional menu offerings and catering for the tenants in the building. - $400k. fitout and equipment can be depreciated.
  • Premises: This lobby cafe has an area of 33 sq. mts. and a licensed seating area of 16 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri. - 7:00 a.m. - 4:00 p.m.
  • Lease: 10 year lease commenced August, 2019 - 4% annual increases. - 3 months rental bond.
  • Employees: 1 owner (4 hours per day) + 2 - 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$14,750

Cost of Goods

$4,600

Gross Profit

$10,150

Rent

$2,163

Wages

$2,600

Telephone

$25

Insurance

$75

Electricity

$300

Misc1

$500

Total Expenses

$5,663

Net Profit

$4,487

Price

$390,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Espresso Bar - Foyer Cafe - Takeaway

Business Code: G1728
Price: $390,000

Key Features: Cafe - Sales $14,750 p.w - Espresso Bar - Sydney CBD - 5 days - New fit-out

State: NSW

Suburb: Sydney, 2000

Location: Prime Sydney CBD location in the lobby of one of 2 new towers.

Description

Lobby cafe - espresso ear servicing one of 2 towers with approx. 7000 tenants. - A brand new & excellent fit-out, already selling approx. 33 kgs. coffee p.w. - A growing business offering breakfast pastries & muffins, sandwiches, wraps, salads, coffee, teas and cold drinks. - Seating inside for approx. 18.

Summary

  • Features: Brand new $400K fit-out & equipment. - Amazing future potential growth. - Captive catering market. - Long lease & low rent. - Prime CBD lobby location. - Easy to manage. - 5 days trading.
  • Potential: Huge opportunity to get into the tightly held lobby cafe market in the Sydney CBD. - This new cafe has huge potential for future growth by adding additional menu offerings and catering for the tenants in the building. - $400k. fitout and equipment can be depreciated.
  • Premises: This lobby cafe has an area of 33 sq. mts. and a licensed seating area of 16 sq. mts.
  • Trading Hours: 5 days - Mon. - Fri. - 7:00 a.m. - 4:00 p.m.
  • Lease: 10 year lease commenced August, 2019 - 4% annual increases. - 3 months rental bond.
  • Employees: 1 owner (4 hours per day) + 2 - 3 casuals
  • Sale Reason: Owners wish to free up capital for a new opportunity.
  • Comments: The figures being shown are for a full time owner operator running the business.

Weekly Summary

Weekly Takings
(inc GST)

$14,750

Cost of Goods

$4,600

Gross Profit

$10,150

Rent (ex GST)

$2,163

Wages

$2,600

Telephone

$25

Insurance

$75

Electricity

$300

Misc1

$500

Total Expenses

$5,663

Net Profit

$4,487

Price

$390,000

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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.