Visit this listing at https://www.sbx.com.au/business?id=SF1545

Business Code: SF1545

Key Features: Cafe - Below appartments -Netts $4,051pw - Long lease - Strong sales June 2020

State: NSW

Suburb: Rhodes, 2138

Location: Great location under apartments and very near the shopping mall and the train station in an affluent area in the Inner West

Description

Cafe - Restaurant selling approx 35 kgs. coffee p.w. - Current menu includes full breakfasts, lunch and dinner including fresh salads, pizza & pastas, salads, burgers and fries, gourmet sandwiches, wraps, hot & cold beverages and pastries - Kitchen has a commercial-use range hood and no grease trap - 36 seats inside and 12 seats outside- April/May/June still has strong sales as the shop is below a 25 story apartment /residential tower which is full of people during Covid -19

Summary

  • Features: Brilliant location - Long lease - Well known for quality food and service - Nothing to spend - Modern fit out - Cafe by day and restaurant at night - Excellent and regular clientele.
  • Potential: Huge potential due to the significant and on going residential growth in this popular area- Expand catering - Do some marketing and advertising - Add Uber eats and other home delivery - Potential for an owner operator to further increase sales and profit
  • Premises: Modern and bright newly renovated cafe below a large block of appartments with an area of 94 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 6 a.m. - 10.00 p.m. - Sat. and Sun. - 7 a.m. - 10 p.m.
  • Lease: Jan 2016 - Jan 2021+ 5 year option. + 4 % increases - 3 months bond
  • Employees: 1 owner +. 2 fulltimers + 3- 5 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,300

Cost of Goods

$5,000

Gross Profit

$10,300

Rent

$2,249

Wages

$3,300

Outgoings

$65

Telephone

$20

Insurance

$50

Electricity

$300

Misc1

$200

Misc2

$65

Coffee Kilos P/W

30

Total Expenses

$6,249

Estimated Stock (Additional)

$18,000

Net Profit

$4,051

Price

$198,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway - Restaurant

Business Code: SF1545
Price: $198,000

Key Features: Cafe - Below appartments -Netts $4,051pw - Long lease - Strong sales June 2020

State: NSW

Suburb: Rhodes, 2138

Location: Great location under apartments and very near the shopping mall and the train station in an affluent area in the Inner West

Description

Cafe - Restaurant selling approx 35 kgs. coffee p.w. - Current menu includes full breakfasts, lunch and dinner including fresh salads, pizza & pastas, salads, burgers and fries, gourmet sandwiches, wraps, hot & cold beverages and pastries - Kitchen has a commercial-use range hood and no grease trap - 36 seats inside and 12 seats outside- April/May/June still has strong sales as the shop is below a 25 story apartment /residential tower which is full of people during Covid -19

Summary

  • Features: Brilliant location - Long lease - Well known for quality food and service - Nothing to spend - Modern fit out - Cafe by day and restaurant at night - Excellent and regular clientele.
  • Potential: Huge potential due to the significant and on going residential growth in this popular area- Expand catering - Do some marketing and advertising - Add Uber eats and other home delivery - Potential for an owner operator to further increase sales and profit
  • Premises: Modern and bright newly renovated cafe below a large block of appartments with an area of 94 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 6 a.m. - 10.00 p.m. - Sat. and Sun. - 7 a.m. - 10 p.m.
  • Lease: Jan 2016 - Jan 2021+ 5 year option. + 4 % increases - 3 months bond
  • Employees: 1 owner +. 2 fulltimers + 3- 5 casuals
  • Sale Reason: Family reasons
  • Comments: Misc.- 2 - Other general expenses and GST - Misc.- 2 - Outdoor seating. - Continue to grow the business as there is lots of potential.
    A 3 group coffee machine is owned by the vendors (Black Eagle value $30K ) - A must to inspect but please be very 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

Weekly Takings
(inc GST)

$15,300

Cost of Goods

$5,000

Gross Profit

$10,300

Rent (ex GST)

$2,249

Wages

$3,300

Outgoings

$65

Telephone

$20

Insurance

$50

Electricity

$300

Misc1

$200

Misc2

$65

Coffee Kilos P/W

30

Total Expenses

$6,249

Estimated Stock (Additional)

$18,000

Net Profit

$4,051

Price

$198,000

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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.