Visit this listing at https://www.sbx.com.au/business?id=PM1055

Business Code: PM1055

Key Features: Cafe - Restaurant - Under management - Profitable - Great lease - Western Sydney

State: NSW

Location: Fantastic location in MAJOR event precinct with rapidly expanding urban residential living at the doorstep

Description

We present an exceptional opportunity to acquire a successful profitable Cafe / Restaurant nestled in the prime area of the vibrant Sydney Olympic Park. Boasting a loyal customer base and a reputation for excellent service and quality food, this cafe / restaurant is a gem waiting for the right owner to take it to new heights. The cafe presents as near-new, as it was recently renovated and features fantastic equipment, as well as a stylish and comfortable fit-out that presents endless opportunities. YOU simply cannot miss the amazing hospitality opportunity! With everything in place for success, you can start making money right away. This one won't last long!

Summary

  • Features: LOCATION - LOCATION - LOCATION Major Event Precinct - Very Low Rent - Located under international hotel and serviced appartments - Fully managed by its dedicated staff - Expanding location, in constant development, with a promising projection of increased residential development under an urban renewal plan for Sydney Olympic Park area - Main road frontage with great exposure minutes to the Stadium Australia
  • Potential: Open evenings - Huge potential for increase the business and include dinner services - Utilising the production kitchen for catering and dark kitchen operations - Catering -
  • Premises: The cafe / restaurant presents as near-new, as and features fantastic equipment, as well as a stylish and comfortable fit-out that presents endless opportunities. 30 seats inside and 24 seats outside.
  • Trading Hours: Monday to Friday: 6am to 2pm. Saturday: 7am to 1pm Sunday - Closed
  • Lease: Lease Expires 31st September 2025 + One 5 year option - 3% fixed rental increases - 3 month Bond.
  • Employees: 3 Full time & 1 Casual
  • Sale Reason: Other Business Interests
  • Comments: Managers wage of $1700.00 per week has been reduced from wages and added to net profit.

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)

$16,000

Cost of Goods

$3,500

Gross Profit

$12,500

Rent

$778

Wages

$5,500

Telephone

$25

Insurance

$75

Electricity

$500

Gas

$180

Coffee Kilos P/W

40

Total Expenses

$7,058

Estimated Stock (Additional)

$15,000

Equipment (Included)

$250,000

Net Profit

$5,442

Price

$398,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Restaurant - Takeaway - Major Event Location - Under Management

Business Code: PM1055
Price: $398,000
+ Estimated Stock (SAV) $15,000

Key Features: Cafe - Restaurant - Under management - Profitable - Great lease - Western Sydney

State: NSW

Location: Fantastic location in MAJOR event precinct with rapidly expanding urban residential living at the doorstep

Business Overview

We present an exceptional opportunity to acquire a successful profitable Cafe / Restaurant nestled in the prime area of the vibrant Sydney Olympic Park. Boasting a loyal customer base and a reputation for excellent service and quality food, this cafe / restaurant is a gem waiting for the right owner to take it to new heights. The cafe presents as near-new, as it was recently renovated and features fantastic equipment, as well as a stylish and comfortable fit-out that presents endless opportunities. YOU simply cannot miss the amazing hospitality opportunity! With everything in place for success, you can start making money right away. This one won't last long!

Summary

  • Key Features: LOCATION - LOCATION - LOCATION Major Event Precinct - Very Low Rent - Located under international hotel and serviced appartments - Fully managed by its dedicated staff - Expanding location, in constant development, with a promising projection of increased residential development under an urban renewal plan for Sydney Olympic Park area - Main road frontage with great exposure minutes to the Stadium Australia
  • Potential: Open evenings - Huge potential for increase the business and include dinner services - Utilising the production kitchen for catering and dark kitchen operations - Catering -
  • Premises: The cafe / restaurant presents as near-new, as and features fantastic equipment, as well as a stylish and comfortable fit-out that presents endless opportunities. 30 seats inside and 24 seats outside.
  • Trading Hours: Monday to Friday: 6am to 2pm. Saturday: 7am to 1pm Sunday - Closed
  • Lease: Lease Expires 31st September 2025 + One 5 year option - 3% fixed rental increases - 3 month Bond.
  • Employees: 3 Full time & 1 Casual
  • Sale Reason: Other Business Interests
  • Comments: Managers wage of $1700.00 per week has been reduced from wages and added to net profit.

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

$16,000

Cost of Goods

$3,500

Gross Profit

$12,500

Rent (ex GST)

$778

Wages

$5,500

Telephone

$25

Insurance

$75

Electricity

$500

Gas

$180

Coffee Kilos P/W

40

Total Expenses

$7,058

Estimated Stock (Additional)

$15,000

Equipment (Included)

$250,000

Net Profit

$5,442

Price

$398,000
+ Estimated Stock (SAV) $15,000

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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.