Cafe - Takeaway - Restaurant

Business Code: GN1277F


Key Features: Great business

State: NSW

Suburb: St Leonards, 2065

Location: Situated in the Lower North Shore surrounded by multiple office and apartment buildings.

Description

Cafe selling 42 kgs. of quality brand coffee and 2 kgs. of hot chocolate. - Full breakfast - lunch and casual a la carte dining - Serves pasta, risotto, pizzetta, selection of gourmet breads, baguettes, burgers, salads & sweets.

Summary

  • Features: Long lease - Good rent - 5 day trade.- Stunning fit out - Hot location. - 240 fully occupied residences above plus 100 room hotel with charge back service to hotel.

  • Potential: To open weekends - Do social media advertising and look for more office catering. - Could open evenings.

  • Premises: Outstanding overall design and style with an area of 154 sq. mts. and the vendor spending $580K on this stunning fitout.

  • Trading Hours: 5 days - Mon. to Fri. - 6 a.m. to 3 p.m.

  • Lease: 5 + 5 year lease commenced April, 2016 - 3 months bank guarantee - 3% annual increases.

  • Employees: One full timer + 3 casuals.

  • Comments: - This is one of the best suburban cafes we have listed. -

Weekly Summary

Weekly Takings
(inc GST)

$13,000

Cost of Goods

$3,900

Gross Profit

$9,100

Rent

$2,393

Wages

$3,000

Telephone

$30

Insurance

$90

Electricity

$300

Gas

$110

Misc1

$527

Total Expenses

$6,450

Estimated Stock (Additional)

$10,000

Net Profit

$2,650

Price

$380,000

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