Visit this listing at https://www.sbx.com.au/business?id=M1927

Business Code: M1927

Key Features: Top location

State: NSW

Location: Corner location with high foot traffic flow area in Sydney CBD surrounded by large office towers, hotels and residential apartments.

Description

Cafe - licenced serving 80 kgs of specialty coffee, breakfast, sandwiches, salads, burgers, etc. - Liquor licence permits the selling of alcohol without food - Averages $2000 catering a week. - Full commercial kitchen with cool room. - Free Wi-Fi on premises. - 50 seats inside. - Downstairs store room used for free.

Summary

  • Features: Fully managed - Best location in central business district. -Licenced bar. - 7 years remaining on lease. - High margins. - Huge potential.
  • Potential: This business continues to grow every month. - There is also the potential to open for dinner on 3 nights (Thursday, Friday and Saturday) takings could reach $32- $35,000 a week.
  • Premises: New modern designed cafe with an area of 84 m2 in good condition.
  • Trading Hours: 7 days - Mon. - Fri. - 5:30 a.m.- 3 p.m. - Sat.- 5.30 a.m.-12 noon. - Sun. - 7 a.m.- 12 noon.
  • Lease: 5 + 5 year lease commenced Jan. 2016 - 2.5% annual increases - 5 months bond.
  • Employees: 1 full-time manager + 9 staff. - Fully under management
  • Comments: Misc.- 1-General business expenses - tax, newspaper, POS system, towels/rags, and rubbish. - Business is currently fully managed. - great potential for motivated owner operator to save on wages and increase profit. -Highly recommended cafe in Sydney CBD. -

Weekly Summary

Weekly Takings (inc GST)

$28,000

Cost of Goods

$8,000

Gross Profit

$20,000

Rent

$3,417

Wages

$9,000

Telephone

$25

Insurance

$65

Electricity

$400

Gas

$100

Misc1

$490

Coffee Kilos P/W

58

Total Expenses

$13,497

Estimated Stock (Additional)

$10,000

Net Profit

$6,503

Price

$650,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway - Restaurant - Under Management

Business Code: M1927
Price: $650,000

Key Features: Top location

State: NSW

Location: Corner location with high foot traffic flow area in Sydney CBD surrounded by large office towers, hotels and residential apartments.

Description

Cafe - licenced serving 80 kgs of specialty coffee, breakfast, sandwiches, salads, burgers, etc. - Liquor licence permits the selling of alcohol without food - Averages $2000 catering a week. - Full commercial kitchen with cool room. - Free Wi-Fi on premises. - 50 seats inside. - Downstairs store room used for free.

Summary

  • Features: Fully managed - Best location in central business district. -Licenced bar. - 7 years remaining on lease. - High margins. - Huge potential.
  • Potential: This business continues to grow every month. - There is also the potential to open for dinner on 3 nights (Thursday, Friday and Saturday) takings could reach $32- $35,000 a week.
  • Premises: New modern designed cafe with an area of 84 m2 in good condition.
  • Trading Hours: 7 days - Mon. - Fri. - 5:30 a.m.- 3 p.m. - Sat.- 5.30 a.m.-12 noon. - Sun. - 7 a.m.- 12 noon.
  • Lease: 5 + 5 year lease commenced Jan. 2016 - 2.5% annual increases - 5 months bond.
  • Employees: 1 full-time manager + 9 staff. - Fully under management
  • Comments: Misc.- 1-General business expenses - tax, newspaper, POS system, towels/rags, and rubbish. - Business is currently fully managed. - great potential for motivated owner operator to save on wages and increase profit. -Highly recommended cafe in Sydney CBD. -

Weekly Summary

Weekly Takings
(inc GST)

$28,000

Cost of Goods

$8,000

Gross Profit

$20,000

Rent (ex GST)

$3,417

Wages

$9,000

Telephone

$25

Insurance

$65

Electricity

$400

Gas

$100

Misc1

$490

Coffee Kilos P/W

58

Total Expenses

$13,497

Estimated Stock (Additional)

$10,000

Net Profit

$6,503

Price

$650,000

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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.