Visit this listing at https://www.sbx.com.au/business?id=M2245

Business Code: M2245

Key Features: Cafe - Restaurant - 6 days- Nets $4390 p.w.- Inner West- Urgent sale

State: NSW

Suburb: Concord, 2137

Location: Nestled in peaceful area in affluent suburb of Inner West.

Description

Cafe / restaurant serving Modern Australian cuisine consisting of all day breakfast and lunch menu with tasty coffee and food. Busy on weekends. Full kitchen with cool room. 60 seats inside and 20 seats outside.

Summary

  • Features: Good location. Long established. Stunning fit out. A relaxed atmosphere place. Local favourite cafe. Huge growth potential. Licensed
  • Potential: Could open 7 days. Could trade two dinners p.w. to restore previous takings $24000 p.w.- Liquor license allowed to trade till 11pm. Could add home delivery through internet platforms to increase sales.
  • Premises: Modern designed and well presented cafe with an area approx. 220 m2 including a large function room and 60 m2 large store room upstairs.
  • Trading Hours: 6 days - Tuesday to Friday: 6:30 am to 3 pm. Saturday& Sunday: 7 am to 3 pm. Monday closed.
  • Lease: Current lease expires May 2025 + 5 year option. - 3% annual increases. - 6 months bond.
  • Employees: Two owners ( 1 working part-time and the other is barista working 4 days ) plus 1 chef + 1 kitchen hand + 2 waitresses and 1 casual barista.
  • Sale Reason: Too busy with the business, professional job and University study.
  • Comments: Misc.- 1- Rubbish . - Misc.- 2- Bank fees. A great local cafe with huge growth potential. Urgent sale. Keen vendor will consider any reasonable offer.

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)

$16,500

Cost of Goods

$4,200

Gross Profit

$12,300

Rent

$2,532

Wages

$4,500

Outgoings

$71

Telephone

$20

Insurance

$50

Electricity

$440

Gas

$157

Misc1

$80

Misc2

$60

Total Expenses

$7,910

Estimated Stock (Additional)

$5,000

Net Profit

$4,390

Price

$250,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Restaurant - Takeaway

Business Code: M2245
Price: $250,000
+ Estimated Stock (SAV) $5,000

Key Features: Cafe - Restaurant - 6 days- Nets $4390 p.w.- Inner West- Urgent sale

State: NSW

Suburb: Concord, 2137

Location: Nestled in peaceful area in affluent suburb of Inner West.

Description

Cafe / restaurant serving Modern Australian cuisine consisting of all day breakfast and lunch menu with tasty coffee and food. Busy on weekends. Full kitchen with cool room. 60 seats inside and 20 seats outside.

Summary

  • Features: Good location. Long established. Stunning fit out. A relaxed atmosphere place. Local favourite cafe. Huge growth potential. Licensed
  • Potential: Could open 7 days. Could trade two dinners p.w. to restore previous takings $24000 p.w.- Liquor license allowed to trade till 11pm. Could add home delivery through internet platforms to increase sales.
  • Premises: Modern designed and well presented cafe with an area approx. 220 m2 including a large function room and 60 m2 large store room upstairs.
  • Trading Hours: 6 days - Tuesday to Friday: 6:30 am to 3 pm. Saturday& Sunday: 7 am to 3 pm. Monday closed.
  • Lease: Current lease expires May 2025 + 5 year option. - 3% annual increases. - 6 months bond.
  • Employees: Two owners ( 1 working part-time and the other is barista working 4 days ) plus 1 chef + 1 kitchen hand + 2 waitresses and 1 casual barista.
  • Sale Reason: Too busy with the business, professional job and University study.
  • Comments: Misc.- 1- Rubbish . - Misc.- 2- Bank fees. A great local cafe with huge growth potential. Urgent sale. Keen vendor will consider any reasonable offer.

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

$16,500

Cost of Goods

$4,200

Gross Profit

$12,300

Rent (ex GST)

$2,532

Wages

$4,500

Outgoings

$71

Telephone

$20

Insurance

$50

Electricity

$440

Gas

$157

Misc1

$80

Misc2

$60

Total Expenses

$7,910

Estimated Stock (Additional)

$5,000

Net Profit

$4,390

Price

$250,000
+ Estimated Stock (SAV) $5,000

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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.