Visit this listing at https://www.sbx.com.au/business?id=GN1374

Business Code: GN1374

Key Features: Cafe-Restaurant - Bar - Upper North Shore, $4,000 nets p.w.- Under Management

State: NSW

Location: Situated on a busy main road in a popular shopping strip with a village atmosphere in the Upper North Shore

Description

Cafe - Restaurant Bar serving approx. 20kg of coffee p.w. with a steady stream of regulars. Delicious, diverse menu including toasted breads, bacon & eggs, avocado rolls, eggs benedict, hearty brekky options, fresh salads, chicken and steak dishes, plus signature Korean bulgogi burgers with chips. Fully licensed bar with an excellent selection of beer, whisky, wine, and more. Seating for up to 60 people, with a premium retractable roof system on the balcony (valued at $60,000) for year-round comfort.

Summary

  • Features: Warm, inviting atmosphere with lovely staff and a great balcony dining experience. - Well supported by the local community with a strong and consistent customer base.
  • Potential: Dinner service has the potential of additional $2k / week (open just 2 days) - tried and tested before. This further increases revenue and profit. Exciting growth potential for the new owner.
  • Premises: This business has an area of 124 sq.mts. having beautiful open balcony seating area with full kitchen, cool room and toilet.
  • Trading Hours: 6 days - Tuesday to Sunday: 7:30 am to 2:30 pm.
  • Lease: New 5 year lease from March 2024 plus 5 year option.- 3 month bank guarantee - annual CPI increase.
  • Employees: One Manager + 1 chef + 1 full-timer + 3 part-timers.
  • Sale Reason: Vendor is highly motivated to sell due to personal reasons and is relocating back to their country home .
  • Comments: Rare opportunity to purchase such a successful cafe-restaurant-bar - Ideal for an owner-operator or hospitality group looking to walk into a turnkey business with strong foundations and immediate upside - Coffee machine is owned by the coffee supplier – no capital outlay needed - Managers wage of $1,850 has been taken out and shown in profit for owner operator. - At this price it is a must-inspect opportunity – serious buyers only, and please be discreet when visiting.

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)

$12,000

Cost of Goods

$3,000

Gross Profit

$9,000

Rent

$1,081

Wages

$3,150

Outgoings

$50

Telephone

$20

Insurance

$30

Electricity

$230

Gas

$100

Misc1

$250

Coffee Kilos P/W

20

Total Expenses

$4,911

Estimated Stock (Additional)

$3,000

Net Profit

$4,089

Price

$150,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway - Bar

Business Code: GN1374
Price: $150,000
+ Estimated Stock (SAV) $3,000

Key Features: Cafe-Restaurant - Bar - Upper North Shore, $4,000 nets p.w.- Under Management

State: NSW

Location: Situated on a busy main road in a popular shopping strip with a village atmosphere in the Upper North Shore

Description

Cafe - Restaurant Bar serving approx. 20kg of coffee p.w. with a steady stream of regulars. Delicious, diverse menu including toasted breads, bacon & eggs, avocado rolls, eggs benedict, hearty brekky options, fresh salads, chicken and steak dishes, plus signature Korean bulgogi burgers with chips. Fully licensed bar with an excellent selection of beer, whisky, wine, and more. Seating for up to 60 people, with a premium retractable roof system on the balcony (valued at $60,000) for year-round comfort.

Summary

  • Features: Warm, inviting atmosphere with lovely staff and a great balcony dining experience. - Well supported by the local community with a strong and consistent customer base.
  • Potential: Dinner service has the potential of additional $2k / week (open just 2 days) - tried and tested before. This further increases revenue and profit. Exciting growth potential for the new owner.
  • Premises: This business has an area of 124 sq.mts. having beautiful open balcony seating area with full kitchen, cool room and toilet.
  • Trading Hours: 6 days - Tuesday to Sunday: 7:30 am to 2:30 pm.
  • Lease: New 5 year lease from March 2024 plus 5 year option.- 3 month bank guarantee - annual CPI increase.
  • Employees: One Manager + 1 chef + 1 full-timer + 3 part-timers.
  • Sale Reason: Vendor is highly motivated to sell due to personal reasons and is relocating back to their country home .
  • Comments: Rare opportunity to purchase such a successful cafe-restaurant-bar - Ideal for an owner-operator or hospitality group looking to walk into a turnkey business with strong foundations and immediate upside - Coffee machine is owned by the coffee supplier – no capital outlay needed - Managers wage of $1,850 has been taken out and shown in profit for owner operator. - At this price it is a must-inspect opportunity – serious buyers only, and please be discreet when visiting.

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

$12,000

Cost of Goods

$3,000

Gross Profit

$9,000

Rent (ex GST)

$1,081

Wages

$3,150

Outgoings

$50

Telephone

$20

Insurance

$30

Electricity

$230

Gas

$100

Misc1

$250

Coffee Kilos P/W

20

Total Expenses

$4,911

Estimated Stock (Additional)

$3,000

Net Profit

$4,089

Price

$150,000
+ Estimated Stock (SAV) $3,000

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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.