Visit this listing at https://www.sbx.com.au/business?id=GNGDS1041

Business Code: GNGDS1041

Key Features: Cafe - Popular waterfront location - Melbourne - Takings $20,000 p.w.

State: VIC

Suburb: South Wharf, 3006

Location: Absolute waterfront cafe in the heart of Melbourne near large shopping centre, pubs, clubs, exhibition centre and casino.

Description

Cafe selling 32 kgs. coffee p.w. which doubles on event days - Offering an extensive range of meals for breakfast and lunch including poached eggs on salmon, bagels, falafel, cakes, muffins and a lunch menu offering refreshing salads, soups, pizza and burgers etc. - A well spaced out floor plan with 160 seats inside and 140 outside can accommodate the largest groups and functions.

Summary

  • Features: Short day time trading. - Huge potential for savvy buyer to grow. - Under management
  • Potential: An option to obtain alcohol licence and extended hours to cater for dinner and night trade for dining under the city lights of the promenade.
  • Premises: Renovated old warehouse enveloped by tall glass windows and high ceiling giving plenty of natural light in an open plan space with a total area of 480 sq.mts.
  • Trading Hours: 7 days - Mon. - Fri. - 8 a.m. - 2 p.m. - Sat. - Sun. - 8 a.m. - 3 p.m.
  • Lease: 6 + 6 + 6 year lease commenced Aug 2012 - $40k bank guarantee bond - CPI increases.
  • Employees: 7 staff - 1 full timer + 6 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$20,000

Cost of Goods

$5,800

Gross Profit

$14,200

Rent

$3,365

Wages

$7,700

Outgoings

$350

Telephone

$150

Insurance

$300

Electricity

$250

Gas

$200

Coffee Kilos P/W

32

Total Expenses

$12,315

Estimated Stock (Additional)

$10,000

Equipment (Included)

$190,000

Net Profit

$1,885

Price

$565,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway

Business Code: GNGDS1041
Price: $565,000
+ Estimated SAV $10,000

Key Features: Cafe - Popular waterfront location - Melbourne - Takings $20,000 p.w.

State: VIC

Suburb: South Wharf, 3006

Location: Absolute waterfront cafe in the heart of Melbourne near large shopping centre, pubs, clubs, exhibition centre and casino.

Description

Cafe selling 32 kgs. coffee p.w. which doubles on event days - Offering an extensive range of meals for breakfast and lunch including poached eggs on salmon, bagels, falafel, cakes, muffins and a lunch menu offering refreshing salads, soups, pizza and burgers etc. - A well spaced out floor plan with 160 seats inside and 140 outside can accommodate the largest groups and functions.

Summary

  • Features: Short day time trading. - Huge potential for savvy buyer to grow. - Under management
  • Potential: An option to obtain alcohol licence and extended hours to cater for dinner and night trade for dining under the city lights of the promenade.
  • Premises: Renovated old warehouse enveloped by tall glass windows and high ceiling giving plenty of natural light in an open plan space with a total area of 480 sq.mts.
  • Trading Hours: 7 days - Mon. - Fri. - 8 a.m. - 2 p.m. - Sat. - Sun. - 8 a.m. - 3 p.m.
  • Lease: 6 + 6 + 6 year lease commenced Aug 2012 - $40k bank guarantee bond - CPI increases.
  • Employees: 7 staff - 1 full timer + 6 casuals
  • Sale Reason: Focus on another business interstate.
  • Comments: Selling as a franchise option at 4% plus 2% marketing with all training provided, but may consider selling as a brandless model without franchise fees if you have your own brand already. - Franchise options are open for discussion. -
    Paid $25k approved plans and design for addition of internal bathrooms and toilets along with full face lift and redesign layout of entire floor plan at buyers will. -
    Fully operational classic coffee roasting machine valued at $100k optional with purchase, can be excluded.

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

$20,000

Cost of Goods

$5,800

Gross Profit

$14,200

Rent (ex GST)

$3,365

Wages

$7,700

Outgoings

$350

Telephone

$150

Insurance

$300

Electricity

$250

Gas

$200

Coffee Kilos P/W

32

Total Expenses

$12,315

Estimated Stock (Additional)

$10,000

Equipment (Included)

$190,000

Net Profit

$1,885

Price

$565,000
+ 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.