Visit this listing at https://www.sbx.com.au/business?id=M2136

Business Code: M2136

Key Features: City Fringe Cafe - Next to University - Profit $6340 p.w.

State: NSW

Location: Corner position on main shopping street next to Sydney University department in City Fringe

Description

Cafe / takeaway serving an average of 35 kgs premium coffee p.w., tea, cakes, fresh squeezed juices, smoothies, house made chilled drinks and offering a tasty breakfast & lunch menu. - Fully equipped kitchen. - 35 seats inside and outside.

Summary

  • Features: Perfect location. - Well established. - Regular customers. - Long lease. - Stable income. - Upmarket cafe. - Great growth potential.
  • Potential: Could add home delivery through internet orders.- Add catering business to surrounding offices. - The more students and staff coming back in University the more income in the cafe when the market recovers.
  • Premises: Well presented cafe with an area approx. 70 m2.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 3 p.m. - Sat. - 7:30 a.m.- 3 p.m. - Sun. - 8 a.m.- 3 p.m.
  • Lease: 5 + 5 years lease commenced Nov. 2021. 4% increases. - 3 months bond.
  • Employees: One owner plus 3 staff
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$16,000

Cost of Goods

$4,800

Gross Profit

$11,200

Rent

$1,346

Wages

$2,800

Telephone

$20

Insurance

$49

Electricity

$170

Gas

$100

Misc1

$75

Misc2

$300

Coffee Kilos P/W

35

Total Expenses

$4,860

Estimated Stock (Additional)

$4,500

Net Profit

$6,340

Price

$295,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway

Business Code: M2136
Price: $295,000
+ Estimated SAV $4,500

Key Features: City Fringe Cafe - Next to University - Profit $6340 p.w.

State: NSW

Location: Corner position on main shopping street next to Sydney University department in City Fringe

Parking: Street parking.

Description

Cafe / takeaway serving an average of 35 kgs premium coffee p.w., tea, cakes, fresh squeezed juices, smoothies, house made chilled drinks and offering a tasty breakfast & lunch menu. - Fully equipped kitchen. - 35 seats inside and outside.

Summary

  • Features: Perfect location. - Well established. - Regular customers. - Long lease. - Stable income. - Upmarket cafe. - Great growth potential.
  • Potential: Could add home delivery through internet orders.- Add catering business to surrounding offices. - The more students and staff coming back in University the more income in the cafe when the market recovers.
  • Premises: Well presented cafe with an area approx. 70 m2.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 3 p.m. - Sat. - 7:30 a.m.- 3 p.m. - Sun. - 8 a.m.- 3 p.m.
  • Lease: 5 + 5 years lease commenced Nov. 2021. 4% increases. - 3 months bond.
  • Employees: One owner plus 3 staff
  • Sale Reason: Other business commitments.
  • Comments: Misc.- 1-Water bill. - Misc.- 2 - Rubbish and bank fees. - A great business in great location. - A must to inspect.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 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

$16,000

Cost of Goods

$4,800

Gross Profit

$11,200

Rent (ex GST)

$1,346

Wages

$2,800

Telephone

$20

Insurance

$49

Electricity

$170

Gas

$100

Misc1

$75

Misc2

$300

Coffee Kilos P/W

35

Total Expenses

$4,860

Estimated Stock (Additional)

$4,500

Net Profit

$6,340

Price

$295,000
+ Estimated SAV $4,500

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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.