Visit this listing at https://www.sbx.com.au/business?id=G1807

Business Code: G1807

Key Features: Cafe - Takeaway - Eastern Suburbs - Sales $17135 p.w. - Nets $4,429 p.w.

State: NSW

Suburb: Kensington, 2033

Location: Well located in the Eastern Suburbs on a busy main road and close to, University, Randwick Racecourse & residential area.

Description

Well established cafe & takeaway selling approx. 25 kgs. coffee p.w. serving a wide selection of breakfast rolls & wraps, eggs any way, toasties, pancakes & an assortment of healthy smoothies and assorted cold and hot beverages. Lunch offers a range of burgers, gourmet sandwiches, rolls & wraps plus an offering of steak, lamb cutlets, chicken schnitzel & barramundi with chips & salad. - Indoor seating for 45 & 8 outside.

Summary

  • Features: Well established business. - Long lease and reasonable rent. - Plenty of storage. - Fully equipped kitchen. - Wide choice of well-priced menu options. - Good profitability - Dominant corner position .
  • Potential: There is a large number of students living in the area and there is potential to open longer hours and evenings for dinner trade. - Could do more marketing aimed at the local student population.
  • Premises: This business has an area of approx. 120 sq mts with fully equipped kitchen, walk in cool room, large storage area, toilets.
  • Trading Hours: 7 days - Monday to Friday: 6 am to 2 pm. Saturday & Sunday: 7 am to 2 pm.
  • Lease: 5 year + 5 year lease commenced Ma, 2023. - 3 month bond. - 3% annual Increases.
  • Employees: 1 owner + 4 staff
  • Sale Reason: After 10 years owner wants to relocate closer to family.
  • Comments: Miscel - 1 - BAS & Super

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

Weekly Summary

Weekly Takings (inc GST)

$17,135

Cost of Goods

$5,840

Gross Profit

$11,295

Rent

$1,730

Wages

$3,406

Telephone

$20

Insurance

$86

Electricity

$500

Gas

$200

Misc1

$924

Coffee Kilos P/W

25

Total Expenses

$6,866

Estimated Stock (Additional)

$5,000

Net Profit

$4,429

Price

$495,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway

Business Code: G1807
Price: $495,000
+ Estimated Stock (SAV) $5,000

Key Features: Cafe - Takeaway - Eastern Suburbs - Sales $17135 p.w. - Nets $4,429 p.w.

State: NSW

Suburb: Kensington, 2033

Location: Well located in the Eastern Suburbs on a busy main road and close to, University, Randwick Racecourse & residential area.

Business Overview

Well established cafe & takeaway selling approx. 25 kgs. coffee p.w. serving a wide selection of breakfast rolls & wraps, eggs any way, toasties, pancakes & an assortment of healthy smoothies and assorted cold and hot beverages. Lunch offers a range of burgers, gourmet sandwiches, rolls & wraps plus an offering of steak, lamb cutlets, chicken schnitzel & barramundi with chips & salad. - Indoor seating for 45 & 8 outside.

Summary

  • Key Features: Well established business. - Long lease and reasonable rent. - Plenty of storage. - Fully equipped kitchen. - Wide choice of well-priced menu options. - Good profitability - Dominant corner position .
  • Potential: There is a large number of students living in the area and there is potential to open longer hours and evenings for dinner trade. - Could do more marketing aimed at the local student population.
  • Premises: This business has an area of approx. 120 sq mts with fully equipped kitchen, walk in cool room, large storage area, toilets.
  • Trading Hours: 7 days - Monday to Friday: 6 am to 2 pm. Saturday & Sunday: 7 am to 2 pm.
  • Lease: 5 year + 5 year lease commenced Ma, 2023. - 3 month bond. - 3% annual Increases.
  • Employees: 1 owner + 4 staff
  • Sale Reason: After 10 years owner wants to relocate closer to family.
  • Comments: Miscel - 1 - BAS & Super

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

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$17,135

Cost of Goods

$5,840

Gross Profit

$11,295

Rent (ex GST)

$1,730

Wages

$3,406

Telephone

$20

Insurance

$86

Electricity

$500

Gas

$200

Misc1

$924

Coffee Kilos P/W

25

Total Expenses

$6,866

Estimated Stock (Additional)

$5,000

Net Profit

$4,429

Price

$495,000
+ Estimated Stock (SAV) $5,000

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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.