Visit this listing at https://www.sbx.com.au/business?id=G1796

Business Code: G1796

Key Features: Cafe - takeaway well located in a very busy City fringe area

State: NSW

Location: Good City fringe location in a growth area with good foot traffic to and from Technology Centre and Redfern station.

Description

Cafe - takeaway with an all-day breakfast, brunch and lunch menu plus 12 kgs.coffee & cold drinks. New (concrete) floor, new ceiling. New electricals and plumbing throughout incl grease trap and exhaust fan. All equipment is less than 5 years old. - Early morning and lunchtime trade is particularly good with "tradies" and teaching staff from school. - Recent fit out in 2020.- 26 seats inside - 24 seats outside. The following equipment will be included in the sale - double door fridge, single door fridge, commercial dishwasher, camera CCTV system under counter fridge, under counter freezer. Coffee machine can be negotiated based on maintaining supply with the same coffee supplier.

Summary

  • Features: Well positioned in growth area. Good exposure on busy road. First rate fit out with separate coffee, food prep areas. New (concrete) floor, new ceiling.
  • Potential: Could expand the outdoor seating. Fine tune menu offerings. Maybe add alcohol. Maybe add more emphasis on weekend offerings.
  • Premises: Small but easily accessible site with an area of 70 sq mts. Two separate customer entrances. Indoor and outdoor seating with long standing footpath DA. External awning added in past 2 years.
  • Trading Hours: 7 days - 7 am to 2 pm weekdays and 8 am to 3 pm. on weekends.
  • Lease: The vendor also owns the freehold and is willing to provide a new 3 + 3 year lease (option period could be negotiated). 3 months bond. CPI annual increases.
  • Employees: 1.5 full time (owners). 4-5 casuals. No staff transfers can be guaranteed.
  • Sale Reason: Retirement.
  • Comments: Please note that this business is not being sold on figures. Great opportunity for entrepreneurial operator to take over a well established and well located cafe / restaurant on a WIWO basis buying for the value of the equipment only. Significant upside for an operator able to exploit an increasingly sophisticated market in a gentrifying area.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 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)

$8,000

Cost of Goods

$3,000

Gross Profit

$5,000

Rent

$1,000

Wages

$2,000

Insurance

$50

Electricity

$250

Gas

$100

Coffee Kilos P/W

12

Total Expenses

$3,400

Estimated Stock (Additional)

$2,500

Equipment (Included)

$100,000

Net Profit

$1,600

Price

$100,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway

Business Code: G1796
Price: $100,000
+ Estimated Stock (SAV) $2,500

Key Features: Cafe - takeaway well located in a very busy City fringe area

State: NSW

Location: Good City fringe location in a growth area with good foot traffic to and from Technology Centre and Redfern station.

Description

Cafe - takeaway with an all-day breakfast, brunch and lunch menu plus 12 kgs.coffee & cold drinks. New (concrete) floor, new ceiling. New electricals and plumbing throughout incl grease trap and exhaust fan. All equipment is less than 5 years old. - Early morning and lunchtime trade is particularly good with "tradies" and teaching staff from school. - Recent fit out in 2020.- 26 seats inside - 24 seats outside. The following equipment will be included in the sale - double door fridge, single door fridge, commercial dishwasher, camera CCTV system under counter fridge, under counter freezer. Coffee machine can be negotiated based on maintaining supply with the same coffee supplier.

Summary

  • Features: Well positioned in growth area. Good exposure on busy road. First rate fit out with separate coffee, food prep areas. New (concrete) floor, new ceiling.
  • Potential: Could expand the outdoor seating. Fine tune menu offerings. Maybe add alcohol. Maybe add more emphasis on weekend offerings.
  • Premises: Small but easily accessible site with an area of 70 sq mts. Two separate customer entrances. Indoor and outdoor seating with long standing footpath DA. External awning added in past 2 years.
  • Trading Hours: 7 days - 7 am to 2 pm weekdays and 8 am to 3 pm. on weekends.
  • Lease: The vendor also owns the freehold and is willing to provide a new 3 + 3 year lease (option period could be negotiated). 3 months bond. CPI annual increases.
  • Employees: 1.5 full time (owners). 4-5 casuals. No staff transfers can be guaranteed.
  • Sale Reason: Retirement.
  • Comments: Please note that this business is not being sold on figures. Great opportunity for entrepreneurial operator to take over a well established and well located cafe / restaurant on a WIWO basis buying for the value of the equipment only. Significant upside for an operator able to exploit an increasingly sophisticated market in a gentrifying area.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$8,000

Cost of Goods

$3,000

Gross Profit

$5,000

Rent (ex GST)

$1,000

Wages

$2,000

Insurance

$50

Electricity

$250

Gas

$100

Coffee Kilos P/W

12

Total Expenses

$3,400

Estimated Stock (Additional)

$2,500

Equipment (Included)

$100,000

Net Profit

$1,600

Price

$100,000
+ Estimated Stock (SAV) $2,500

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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.