Visit this listing at https://www.sbx.com.au/business?id=SF1411

Business Code: SF1411

Key Features: Cafe - Foyer - Sales $20,300 p.w - Nth Sydney - 5 days - Profit $3,563 p.w

State: NSW

Suburb: North Sydney, 2060

Location: Foyer cafe with 2 entrances and located below a 14 storey building in the Lower North Shore and only a short distance from the train station - surrounded by other offices

Description

Cafe - takeaway - foyer currently selling 50 kgs. coffee p.w. - Open for breakfast and lunch and serving a full or light breakfast- Lunch includes burgers, salads, rolls and cold drinks - Fully Licensed - Full kitchen with cool room - 48 seats inside and 12 seats outside

Summary

  • Features: Great location - Under Management - 5 days - Easy to run - Nothing to spend - Profitable - Good social media presence - Regular customers - Fantastic fit out - Outgoings included in the rent
  • Potential: An owner operator could save on wages and increase profit - Expand catering -Open at night (STA)
  • Premises: Bustling and busy cafe with an amazing modern fit out - At the main entrance this espresso/cafe also has a storeroom and office and an area of 40 sq mtrs plus foyer seating.
  • Trading Hours: .5 days - Mon. - Fri. - 6 a.m. till 4 p.m.
  • Lease: Current 10 year lease expires Oct .2024 (New 5 + 5 year lease can be available) - 4% increases - 6 month bond
  • Employees: 1 Manager + 1 fulltimer (Chef) + 5-6 casuals
  • Comments: Misc.- 1 - Other General expenses and GST - 4 group coffee machine ( Mega - Greenline Concept worth over $10,000 is fully owned by the vendor) - The 3 grinders are owned by the coffee company - Vendor owns another cafe in the area - Business name and website are by negotiating with the vendor if required . - The managers wage of $1350 p.w. has been removed from wages and shown in profit as for an owner operator-

Weekly Summary

Weekly Takings (inc GST)

$20,300

Cost of Goods

$6,500

Gross Profit

$13,800

Rent

$1,732

Wages

$7,500

Telephone

$25

Insurance

$90

Electricity

$220

Gas

$70

Misc1

$600

Coffee Kilos P/W

50

Total Expenses

$10,237

Estimated Stock (Additional)

$15,000

Net Profit

$3,563

Price

$380,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Foyer - Under Management - Espresso

Business Code: SF1411
Price: $380,000

Key Features: Cafe - Foyer - Sales $20,300 p.w - Nth Sydney - 5 days - Profit $3,563 p.w

State: NSW

Suburb: North Sydney, 2060

Location: Foyer cafe with 2 entrances and located below a 14 storey building in the Lower North Shore and only a short distance from the train station - surrounded by other offices

Description

Cafe - takeaway - foyer currently selling 50 kgs. coffee p.w. - Open for breakfast and lunch and serving a full or light breakfast- Lunch includes burgers, salads, rolls and cold drinks - Fully Licensed - Full kitchen with cool room - 48 seats inside and 12 seats outside

Summary

  • Features: Great location - Under Management - 5 days - Easy to run - Nothing to spend - Profitable - Good social media presence - Regular customers - Fantastic fit out - Outgoings included in the rent
  • Potential: An owner operator could save on wages and increase profit - Expand catering -Open at night (STA)
  • Premises: Bustling and busy cafe with an amazing modern fit out - At the main entrance this espresso/cafe also has a storeroom and office and an area of 40 sq mtrs plus foyer seating.
  • Trading Hours: .5 days - Mon. - Fri. - 6 a.m. till 4 p.m.
  • Lease: Current 10 year lease expires Oct .2024 (New 5 + 5 year lease can be available) - 4% increases - 6 month bond
  • Employees: 1 Manager + 1 fulltimer (Chef) + 5-6 casuals
  • Comments: Misc.- 1 - Other General expenses and GST - 4 group coffee machine ( Mega - Greenline Concept worth over $10,000 is fully owned by the vendor) - The 3 grinders are owned by the coffee company - Vendor owns another cafe in the area - Business name and website are by negotiating with the vendor if required . - The managers wage of $1350 p.w. has been removed from wages and shown in profit as for an owner operator-

Weekly Summary

Weekly Takings
(inc GST)

$20,300

Cost of Goods

$6,500

Gross Profit

$13,800

Rent (ex GST)

$1,732

Wages

$7,500

Telephone

$25

Insurance

$90

Electricity

$220

Gas

$70

Misc1

$600

Coffee Kilos P/W

50

Total Expenses

$10,237

Estimated Stock (Additional)

$15,000

Net Profit

$3,563

Price

$380,000

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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.