Visit this listing at https://www.sbx.com.au/business?id=GNGD1064

Business Code: GNGD1064

Key Features: Cafe - Restaurant - Function Centre - North Ryde Area - Sales $23,821 p.w

State: NSW

Suburb: North Ryde, 2113

Location: Situated near very busy North West Sydney business precinct.

Description

Cafe - restaurant - bar offering breakfast and dinner to apartment guests and local residents and lunch to corporate clients in nearby business park - Also operates as a busy conference & function centre - excellent supplier arrangements for wines, liquor, seafood, meats, general produce etc. - option to operate for 6 days - Deliveroo and Uber Eats boost food sales.

Summary

  • Features: Captive customers from serviced apartments - Surrounded by major corporate customers requiring lunch, conference & function facilities - Multi-purpose premises for up to 240 guests
  • Potential: Many options to expand sales & increase profitability - better promote highly profitable corporate sales - better promote through social media - better leverage multiple functions on the same day - no competition for many miles around -
  • Premises: Located on ground floor of 173 room serviced apartment building with a spacious multi purpose area of 600 sq.mts.
  • Trading Hours: 7 days - Breakfast - 6.30 a.m. to 9.30 a.m. - Lunch - Noon to 3 p.m. - Dinner - 5 p.m. to 10 p.m.
  • Lease: Currently running on monthly lease - a new lease is available with lease period & option terms to suit buyer of business.
  • Employees: Owner operator + 3 full time employees + 3 casual employees (at any one time)
  • Comments: Equipment included - New conference equipment $40k, new 3-head coffee machine $15k, new wood-fired pizza oven with sophisticated splitting exhaust system, cool rooms.

Weekly Summary

Weekly Takings (inc GST)

$23,821

Cost of Goods

$7,247

Gross Profit

$16,574

Rent

$2,321

Wages

$7,657

Outgoings

$72

Telephone

$14

Insurance

$225

Electricity

$524

Gas

$721

Misc1

$889

Misc2

$347

Total Expenses

$12,770

Estimated Stock (Additional)

$10,000

Equipment (Included)

$150,000

Net Profit

$3,804

Price

$300,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Function Centre - Bar - Restaurant

Business Code: GNGD1064
Price: $300,000

Key Features: Cafe - Restaurant - Function Centre - North Ryde Area - Sales $23,821 p.w

State: NSW

Suburb: North Ryde, 2113

Location: Situated near very busy North West Sydney business precinct.

Description

Cafe - restaurant - bar offering breakfast and dinner to apartment guests and local residents and lunch to corporate clients in nearby business park - Also operates as a busy conference & function centre - excellent supplier arrangements for wines, liquor, seafood, meats, general produce etc. - option to operate for 6 days - Deliveroo and Uber Eats boost food sales.

Summary

  • Features: Captive customers from serviced apartments - Surrounded by major corporate customers requiring lunch, conference & function facilities - Multi-purpose premises for up to 240 guests
  • Potential: Many options to expand sales & increase profitability - better promote highly profitable corporate sales - better promote through social media - better leverage multiple functions on the same day - no competition for many miles around -
  • Premises: Located on ground floor of 173 room serviced apartment building with a spacious multi purpose area of 600 sq.mts.
  • Trading Hours: 7 days - Breakfast - 6.30 a.m. to 9.30 a.m. - Lunch - Noon to 3 p.m. - Dinner - 5 p.m. to 10 p.m.
  • Lease: Currently running on monthly lease - a new lease is available with lease period & option terms to suit buyer of business.
  • Employees: Owner operator + 3 full time employees + 3 casual employees (at any one time)
  • Comments: Equipment included - New conference equipment $40k, new 3-head coffee machine $15k, new wood-fired pizza oven with sophisticated splitting exhaust system, cool rooms.

Weekly Summary

Weekly Takings
(inc GST)

$23,821

Cost of Goods

$7,247

Gross Profit

$16,574

Rent (ex GST)

$2,321

Wages

$7,657

Outgoings

$72

Telephone

$14

Insurance

$225

Electricity

$524

Gas

$721

Misc1

$889

Misc2

$347

Total Expenses

$12,770

Estimated Stock (Additional)

$10,000

Equipment (Included)

$150,000

Net Profit

$3,804

Price

$300,000

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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.