Visit this listing at https://www.sbx.com.au/business?id=SF1539

Business Code: SF1539

Key Features: Cafe - Croydon Park/ Croydon - NSW - Inner West - 40kg coffee - Low Rent

State: NSW

Suburb: Croydon Park, 2133

Location: Well located on the main road and surrounded by residential and local schools in the Inner West

Description

Cafe - takeaway selling 40 kgs. coffee p.w. - Currently open for all day breakfast and lunch including eggs and bacon, breakfast sliders, pastries and cakes, sandwiches, burgers, meatballs, lasagna, salads, chips, smoothies, juices and other cold drinks - Full kitchen with exhaust, grease trap, a combi oven, walk in cool room and air conditioning - 42 seats indoors and 8 seats outdoors

Summary

  • Features: Very little competition - Under management - Locals favourite with good on line reviews - Low rent - Great location - Full kitchen
  • Potential: Expand on catering - Extend the trading hours - Open nights - Increase social media presence - A motivated owner could save on wages and increase sales and profit - New residential apartment blocks being built in the area.
  • Premises: A friendly and modern cafe/espresso bar with an outdoor seating area, store room and toilet with an area of 100 m2
  • Trading Hours: 6 days - Tues. - Fri. - 6.30 a.m. till 2.30 p.m. - Sat.- 7 a.m. till 2.30 p.m.- Sun.- 8 a.m. till 2 p.m.
  • Lease: New lease available - CPI Increases 1 - 3 month bond (This can be negotiated directly with the owner.)
  • Employees: Manager + 1 fulltime chef + 2-4 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$13,500

Cost of Goods

$3,600

Gross Profit

$9,900

Rent

$700

Wages

$3,600

Telephone

$35

Insurance

$60

Electricity

$290

Gas

$75

Misc1

$550

Coffee Kilos P/W

30

Total Expenses

$5,310

Estimated Stock (Additional)

$3,000

Net Profit

$4,590

Price

$298,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso - Under Management - Restaurant

Business Code: SF1539
Price: $298,000

Key Features: Cafe - Croydon Park/ Croydon - NSW - Inner West - 40kg coffee - Low Rent

State: NSW

Suburb: Croydon Park, 2133

Location: Well located on the main road and surrounded by residential and local schools in the Inner West

Description

Cafe - takeaway selling 40 kgs. coffee p.w. - Currently open for all day breakfast and lunch including eggs and bacon, breakfast sliders, pastries and cakes, sandwiches, burgers, meatballs, lasagna, salads, chips, smoothies, juices and other cold drinks - Full kitchen with exhaust, grease trap, a combi oven, walk in cool room and air conditioning - 42 seats indoors and 8 seats outdoors

Summary

  • Features: Very little competition - Under management - Locals favourite with good on line reviews - Low rent - Great location - Full kitchen
  • Potential: Expand on catering - Extend the trading hours - Open nights - Increase social media presence - A motivated owner could save on wages and increase sales and profit - New residential apartment blocks being built in the area.
  • Premises: A friendly and modern cafe/espresso bar with an outdoor seating area, store room and toilet with an area of 100 m2
  • Trading Hours: 6 days - Tues. - Fri. - 6.30 a.m. till 2.30 p.m. - Sat.- 7 a.m. till 2.30 p.m.- Sun.- 8 a.m. till 2 p.m.
  • Lease: New lease available - CPI Increases 1 - 3 month bond (This can be negotiated directly with the owner.)
  • Employees: Manager + 1 fulltime chef + 2-4 casuals
  • Sale Reason: Family reasons.
  • Comments: Misc.- 1 - Other general expenses and GST. Lots of nearby construction and there is very little competition in the area - The Managers wage of $1,200 p.w. has been removed and shown in net profit as for an owner operator - Manager and staff have indicated they can stay on if required - Owner does not work in the business.
    This business is approved to open in the evening as a restaurant or tapas bar - A must to inspect but please be very discreet! Meetings by appointment

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)

$13,500

Cost of Goods

$3,600

Gross Profit

$9,900

Rent (ex GST)

$700

Wages

$3,600

Telephone

$35

Insurance

$60

Electricity

$290

Gas

$75

Misc1

$550

Coffee Kilos P/W

30

Total Expenses

$5,310

Estimated Stock (Additional)

$3,000

Net Profit

$4,590

Price

$298,000

 Print

Enquire about this listing



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.