Visit this listing at https://www.sbx.com.au/business?id=SF1480

Business Code: SF1480

Key Features: Cafe - $32,100 pw - Restaurant - Seats 70 - Mosman - Profit $6,315 pw

State: NSW

Location: Brilliant corner location on main road in a very busy position in prime food / entertainment precinct of Lower North Shore

Description

Cafe - Licensed bar, Bistro and takeaway - Three shops in one - Modern Australian cuisine consisting of an all day breakfast, salads, steak sandwich, fish and chips, soup, fresh juices and smoothies - Currently 35 kgs. of coffee p.w. - Busy on weekends. - Full kitchen with Coolroom, Combi Oven - Fully Licensed - Currently 40 seats outside - 30 seats inside

Summary

  • Features: Exceptional location. - Rare opportunity to purchase a multi facet business. - Well established since 1993. - First class fit out. - Outstanding indoor and outdoor presentation - All outgoings included in rent including garbage pick up - Long lease
  • Potential: Could open for dinner 7 nights. - Ideal position to continue to grow the coffee side of the business - Could add delivery and Uber - Expand catering
  • Premises: Beautiful heritage listed single storey premises with indoor and outdoor seating, toilets, storeroom, nice fireplace and timber floors and an area of approx. 140 sq.mts.
  • Trading Hours: 7 days - Mon. - Wed. and Sun. - 8 a.m. - 5 p.m.- Tues. - Fri. and Sat. - 8 a.m. - 10 p.m.
  • Lease: Current lease April, 2019 - April 2024 + 5 year option - C.P.I. increases - 4 month bond (All outgoings included in rent including garbage pick up )
  • Employees: 1 owner + 1 full timer + 5 - 6 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$32,100

Cost of Goods

$10,800

Gross Profit

$21,300

Rent

$2,300

Wages

$8,400

Telephone

$25

Insurance

$120

Electricity

$350

Gas

$290

Misc1

$3,500

Coffee Kilos P/W

35

Total Expenses

$14,985

Estimated Stock (Additional)

$20,000

Net Profit

$6,315

Price

$570,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway - Restaurant - Bar

Business Code: SF1480
Price: $570,000
+ Estimated SAV $20,000

Key Features: Cafe - $32,100 pw - Restaurant - Seats 70 - Mosman - Profit $6,315 pw

State: NSW

Location: Brilliant corner location on main road in a very busy position in prime food / entertainment precinct of Lower North Shore

Description

Cafe - Licensed bar, Bistro and takeaway - Three shops in one - Modern Australian cuisine consisting of an all day breakfast, salads, steak sandwich, fish and chips, soup, fresh juices and smoothies - Currently 35 kgs. of coffee p.w. - Busy on weekends. - Full kitchen with Coolroom, Combi Oven - Fully Licensed - Currently 40 seats outside - 30 seats inside

Summary

  • Features: Exceptional location. - Rare opportunity to purchase a multi facet business. - Well established since 1993. - First class fit out. - Outstanding indoor and outdoor presentation - All outgoings included in rent including garbage pick up - Long lease
  • Potential: Could open for dinner 7 nights. - Ideal position to continue to grow the coffee side of the business - Could add delivery and Uber - Expand catering
  • Premises: Beautiful heritage listed single storey premises with indoor and outdoor seating, toilets, storeroom, nice fireplace and timber floors and an area of approx. 140 sq.mts.
  • Trading Hours: 7 days - Mon. - Wed. and Sun. - 8 a.m. - 5 p.m.- Tues. - Fri. and Sat. - 8 a.m. - 10 p.m.
  • Lease: Current lease April, 2019 - April 2024 + 5 year option - C.P.I. increases - 4 month bond (All outgoings included in rent including garbage pick up )
  • Employees: 1 owner + 1 full timer + 5 - 6 casuals
  • Sale Reason: Moving overseas in the future.
  • Comments: Misc.- 1 - Other general expenses and GST - Very well established and solid performing business with further opportunity to grow. - Large outdoor sitting area, set within this beautiful Heritage listed building in one of Sydney's most expensive and exclusive suburbs. - Coffee machine is owned by the coffee company. -
    Summer sales can reach up to $40,000 per week - Recently renovated commercial kitchen, bar and cafe areas - One of the best looking cafes/restaurants on our books - Inspections by appointment through your broker - Experience in Hospitality is required by the landlord -
    A must to inspect but please be discreet.

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

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$32,100

Cost of Goods

$10,800

Gross Profit

$21,300

Rent (ex GST)

$2,300

Wages

$8,400

Telephone

$25

Insurance

$120

Electricity

$350

Gas

$290

Misc1

$3,500

Coffee Kilos P/W

35

Total Expenses

$14,985

Estimated Stock (Additional)

$20,000

Net Profit

$6,315

Price

$570,000
+ Estimated SAV $20,000

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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.