Visit this listing at https://www.sbx.com.au/business?id=SF1371

Business Code: SF1371

Key Features: Foyer Cafe - Takings $32,100 p.w. - Profit $6,501 p.w.- Long lease - Sydney CBD

State: NSW

Suburb: Sydney, 2000

Location: Situated on main street with wide frontage and also part of foyer in the centre of the CBD and surrounded by offices and retail.

Description

Cafe - Foyer - Espresso and Takeaway. - Outstanding Sydney CBD cafe selling all day breakfast and lunch including soup, sandwiches, burgers, chips, fresh salads, coffee, juices, yoghurts. - 50kgs of coffee - Full kitchen with exhaust and cool room - Fully licensed - 42 seats inside and 6 seats outside - Close to 2 new metro stations - Suit an experienced operator

Summary

  • Features: Brilliant CBD location - Very Long lease - State of the art fit out - Nothing to spend - Excellent reviews - Equipment in good condition.
  • Potential: Expand on catering - Do some marketing and advertising and increase social media presence- Could open for dinner - Steadily growing business.
  • Premises: This beautiful and ultra modern foyer cafe has full floor to ceiling glass panels and bi-fold doors and has an area of 120 sq. mtrs
  • Trading Hours: 6 days - Mon. - Fri. - 6.30 a.m. - 4 p.m - Sat. -7.30 a.m. - 2.30 p.m.
  • Lease: Current lease expires Feb 2020 + 10 year option - 3.5% increases - 3 month bond
  • Employees: 1 owner + 8 casuals + 1 full-time chef + 1 full-time barista
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$32,100

Cost of Goods

$10,400

Gross Profit

$21,700

Rent

$3,664

Wages

$9,100

Telephone

$25

Insurance

$100

Electricity

$300

Gas

$110

Misc1

$1,850

Misc2

$50

Coffee Kilos P/W

50

Total Expenses

$15,199

Estimated Stock (Additional)

$15,000

Net Profit

$6,501

Price

$698,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Foyer Cafe - Espresso - Takeaway

Business Code: SF1371
Price: $698,000

Key Features: Foyer Cafe - Takings $32,100 p.w. - Profit $6,501 p.w.- Long lease - Sydney CBD

State: NSW

Suburb: Sydney, 2000

Location: Situated on main street with wide frontage and also part of foyer in the centre of the CBD and surrounded by offices and retail.

Description

Cafe - Foyer - Espresso and Takeaway. - Outstanding Sydney CBD cafe selling all day breakfast and lunch including soup, sandwiches, burgers, chips, fresh salads, coffee, juices, yoghurts. - 50kgs of coffee - Full kitchen with exhaust and cool room - Fully licensed - 42 seats inside and 6 seats outside - Close to 2 new metro stations - Suit an experienced operator

Summary

  • Features: Brilliant CBD location - Very Long lease - State of the art fit out - Nothing to spend - Excellent reviews - Equipment in good condition.
  • Potential: Expand on catering - Do some marketing and advertising and increase social media presence- Could open for dinner - Steadily growing business.
  • Premises: This beautiful and ultra modern foyer cafe has full floor to ceiling glass panels and bi-fold doors and has an area of 120 sq. mtrs
  • Trading Hours: 6 days - Mon. - Fri. - 6.30 a.m. - 4 p.m - Sat. -7.30 a.m. - 2.30 p.m.
  • Lease: Current lease expires Feb 2020 + 10 year option - 3.5% increases - 3 month bond
  • Employees: 1 owner + 8 casuals + 1 full-time chef + 1 full-time barista
  • Sale Reason: Opportunity to move overseas
  • Comments: Misc.- 1 - Other general expenses + gst. - Misc 2 - Outdoor seating - Coffee machine is owned by the coffee company - This cafe opened in March 2017 and is extremely popular and current sales are expected to continue to increase to over $30k p.w . -Big potential to open at night .
    Rare opportunity to purchase a successful cafe in a prime location - Outstanding presentation - Fit out cost was over $600K with no expense spared. - Please be very discreet when visiting this business and do not approach any staff or owners - Suitable for experienced operators. - This business can also be purchased with a small takeaway and espresso bar SF1565.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$32,100

Cost of Goods

$10,400

Gross Profit

$21,700

Rent (ex GST)

$3,664

Wages

$9,100

Telephone

$25

Insurance

$100

Electricity

$300

Gas

$110

Misc1

$1,850

Misc2

$50

Coffee Kilos P/W

50

Total Expenses

$15,199

Estimated Stock (Additional)

$15,000

Net Profit

$6,501

Price

$698,000

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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.