Visit this listing at https://www.sbx.com.au/business?id=GJ1474A

Business Code: GJ1474A

Key Features: Espresso - Sales $9,000 p.w. - Takeaway - Profit $2654 p.w.

State: NSW

Suburb: Kogarah, 2217

Location: Situated in centre of busy shopping village and commercial hub opposite main pedestrian crossing in Southern Suburbs

Description

Cafe - espresso bar & restaurant serving Australian cafe food, breakfast, brunch and lunch - 20+ kgs.coffee p.w. - Average spend per head is $20 - Full stainless steel kitchen, grease trap, eclectic decor - Wheelchair accessible, gluten free options, pet friendly, vegetarian friendly - 25 seats inside - 25 seats outside.

Summary

  • Features: Best location in the shopping strip. - High foot traffic. - Strong business trade for coffee and lunch.
  • Potential: Supply catering to local businesses. - Could reduce staff wages with 2 owner operators - Can operate at night as well.
  • Premises: This business is a double fronted shop with high visual profile and an area of 50 sq. mts.
  • Trading Hours: 7 days - Tues. - Fri. - 6.30 a.m. - 5 p.m. - Mon. - 6.30 a.m. - 2 p.m. - Sat. & Sun. - 7 a.m. - 4 p.m.
  • Lease: 3 + 3 + 3 year options commenced July 2014 - Bond 1 month - C.P.I. increases per annum.
  • Employees: 1 full time owner operator + 3 casual chefs + 1 casual Barista + 2 casual kitchen hands.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$9,000

Cost of Goods

$2,250

Gross Profit

$6,750

Rent

$969

Wages

$2,500

Outgoings

$336

Telephone

$16

Insurance

$40

Electricity

$185

Gas

$50

Coffee Kilos P/W

20

Total Expenses

$4,096

Estimated Stock (Additional)

$10,000

Equipment (Included)

$50,000

Net Profit

$2,654

Price

$175,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso - Restaurant

Business Code: GJ1474A
Price: $175,000
+ Estimated SAV $10,000

Key Features: Espresso - Sales $9,000 p.w. - Takeaway - Profit $2654 p.w.

State: NSW

Suburb: Kogarah, 2217

Location: Situated in centre of busy shopping village and commercial hub opposite main pedestrian crossing in Southern Suburbs

Description

Cafe - espresso bar & restaurant serving Australian cafe food, breakfast, brunch and lunch - 20+ kgs.coffee p.w. - Average spend per head is $20 - Full stainless steel kitchen, grease trap, eclectic decor - Wheelchair accessible, gluten free options, pet friendly, vegetarian friendly - 25 seats inside - 25 seats outside.

Summary

  • Features: Best location in the shopping strip. - High foot traffic. - Strong business trade for coffee and lunch.
  • Potential: Supply catering to local businesses. - Could reduce staff wages with 2 owner operators - Can operate at night as well.
  • Premises: This business is a double fronted shop with high visual profile and an area of 50 sq. mts.
  • Trading Hours: 7 days - Tues. - Fri. - 6.30 a.m. - 5 p.m. - Mon. - 6.30 a.m. - 2 p.m. - Sat. & Sun. - 7 a.m. - 4 p.m.
  • Lease: 3 + 3 + 3 year options commenced July 2014 - Bond 1 month - C.P.I. increases per annum.
  • Employees: 1 full time owner operator + 3 casual chefs + 1 casual Barista + 2 casual kitchen hands.
  • Sale Reason: Planning to move to Queensland for a lifestyle change with young family
  • Comments: Two large banks, large hospital and Tafe surround the shopping village. - Garbage removal and pest control are included in the rent. - Vendor will work with the buyer 1 - 2 weeks free to transition and thereafter for another 2 weeks on wages to help buyer get settled -
    Coffee machine, grinder are owned by the coffee company. - Outgoings above are council rates $77 p.w., land tax $137 p.w., water rates $35 p.w., building insurance $87 p.w. -

Disclaimer: 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

$9,000

Cost of Goods

$2,250

Gross Profit

$6,750

Rent (ex GST)

$969

Wages

$2,500

Outgoings

$336

Telephone

$16

Insurance

$40

Electricity

$185

Gas

$50

Coffee Kilos P/W

20

Total Expenses

$4,096

Estimated Stock (Additional)

$10,000

Equipment (Included)

$50,000

Net Profit

$2,654

Price

$175,000
+ Estimated SAV $10,000

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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.