Visit this listing at https://www.sbx.com.au/business?id=M2259

Business Code: M2259

Key Features: Cafe-Takeaway- 6 days- Under Management- Nets $2425 p.w.-East Sydney

State: NSW

Location: Corner location on main road in affluent Eastern Suburbs close to railway station.

Description

Cafe / takeaway serving 20 kgs of premium coffee and flavourful breakfast and brunch meals including eggs benedict, tuna salad, beef burgers, falafel wrap and green curry rice etc. within warm and inviting atmosphere. Full commercial kitchen. 18 seats inside. The business was established at a cost around $250k.

Summary

  • Features: Good location. High quality fitout. Well known by locals. Under management. Long lease. Could do cafe and bakery business together if desired. Great growth potential to expand the business. -Well priced.
  • Potential: Could open 7 days to increase sales. Could open dinner as lease permits trading to 9 p. m. A hand over to a motivated owner operator could save on high wages and make more income. Could expand scale by takeover of upstairs wholesale bakery business.
  • Premises: Well presented shop with an area approx. of 80 m2 plus upstairs sub-leased bakery wholesale business with an area of 80 m2.
  • Trading Hours: 6 days - Monday to Saturday: 6:30 am to 3 pm. Sunday closed.
  • Lease: 5 + 3 + 3 years lease commenced July 2022. - 3% annual increases. - 3 months bond.
  • Employees: Under management - 5 staff . The vendor opens and closes door.
  • Sale Reason: Looking for a larger business.
  • Comments: Misc.- 1 -waste bill. The current weekly rent is $1260 plus gst. Receives $400 sub-lease rent, so weekly rent shown is $860 p.w. The net profit shown is based on a full time owner operator to save on big wages as currently pays $3600 to staff running the business. Huge potential for a motivated owner operator to reduce high wages and increases trading hours and make more profit. 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.

Weekly Summary

Weekly Takings (inc GST)

$9,000

Cost of Goods

$2,700

Gross Profit

$6,300

Rent

$860

Wages

$2,500

Outgoings

$103

Insurance

$97

Electricity

$205

Gas

$35

Misc1

$75

Coffee Kilos P/W

20

Total Expenses

$3,875

Estimated Stock (Additional)

$3,000

Net Profit

$2,425

Price

$150,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe-Espresso Bar-Takeaway-Under Management

Business Code: M2259
Price: $150,000
+ Estimated Stock (SAV) $3,000

Key Features: Cafe-Takeaway- 6 days- Under Management- Nets $2425 p.w.-East Sydney

State: NSW

Location: Corner location on main road in affluent Eastern Suburbs close to railway station.

Business Overview

Cafe / takeaway serving 20 kgs of premium coffee and flavourful breakfast and brunch meals including eggs benedict, tuna salad, beef burgers, falafel wrap and green curry rice etc. within warm and inviting atmosphere. Full commercial kitchen. 18 seats inside. The business was established at a cost around $250k.

Summary

  • Key Features: Good location. High quality fitout. Well known by locals. Under management. Long lease. Could do cafe and bakery business together if desired. Great growth potential to expand the business. -Well priced.
  • Potential: Could open 7 days to increase sales. Could open dinner as lease permits trading to 9 p. m. A hand over to a motivated owner operator could save on high wages and make more income. Could expand scale by takeover of upstairs wholesale bakery business.
  • Premises: Well presented shop with an area approx. of 80 m2 plus upstairs sub-leased bakery wholesale business with an area of 80 m2.
  • Trading Hours: 6 days - Monday to Saturday: 6:30 am to 3 pm. Sunday closed.
  • Lease: 5 + 3 + 3 years lease commenced July 2022. - 3% annual increases. - 3 months bond.
  • Employees: Under management - 5 staff . The vendor opens and closes door.
  • Sale Reason: Looking for a larger business.
  • Comments: Misc.- 1 -waste bill. The current weekly rent is $1260 plus gst. Receives $400 sub-lease rent, so weekly rent shown is $860 p.w. The net profit shown is based on a full time owner operator to save on big wages as currently pays $3600 to staff running the business. Huge potential for a motivated owner operator to reduce high wages and increases trading hours and make more profit. 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.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$9,000

Cost of Goods

$2,700

Gross Profit

$6,300

Rent (ex GST)

$860

Wages

$2,500

Outgoings

$103

Insurance

$97

Electricity

$205

Gas

$35

Misc1

$75

Coffee Kilos P/W

20

Total Expenses

$3,875

Estimated Stock (Additional)

$3,000

Net Profit

$2,425

Price

$150,000
+ Estimated Stock (SAV) $3,000

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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.