Visit this listing at https://www.sbx.com.au/business?id=SF1559

Business Code: SF1559

Key Features: Cafe - Espresso - Foyer- Hole in the Wall Cafe - Sales $10,500 p.w. Surry Hills

State: NSW

Suburb: Surry Hills, 2010

Location: Brilliant location surrounded by offices and residential towers as well as a creative hub in the City Fringe

Description

Cafe- espresso - takeaway currently serving 40 - 45 kgs. coffee per week. - Also sells breakfast, sandwiches, light snacks, pastries and cakes as well as cold drinks - Light cooking only - A very simple business to run, with low overheads. - 15 seats inside. Sales shown are based on 2019 weekly average

Summary

  • Features: Very low rent. - Short hours - Easy to run operation - Loyal clientele - Casual vibe - Well established - Very good coffee - Hole in the wall espresso bar - Profitable - A true espresso bar.
  • Potential: Could expand menu. Potential to trade on weekends - Add fresh juice - Increase social media presence - Apply for some outdoor seating (STA).
  • Premises: At the entrance of an office block this is a long, narrow and simple but highly atmospheric hole in the wall espresso bar with an area of 20 m2
  • Trading Hours: 5 days - Mon. - Fri. - 7 a.m. - 4 p.m.
  • Lease: Current lease expires Nov. 2020 ( New lease approved Nov 2020 - Nov 2023 + 3 year option) - 4% increases - 3 month bond
  • Employees: 2 owners (husband & wife) + 1 part timer
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,500

Cost of Goods

$3,500

Gross Profit

$7,000

Rent

$492

Wages

$400

Outgoings

$75

Insurance

$30

Electricity

$125

Misc1

$1,213

Total Expenses

$2,335

Estimated Stock (Additional)

$2,000

Net Profit

$4,665

Price

$330,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso - Foyer - Takeaway

Business Code: SF1559
Price: $330,000

Key Features: Cafe - Espresso - Foyer- Hole in the Wall Cafe - Sales $10,500 p.w. Surry Hills

State: NSW

Suburb: Surry Hills, 2010

Location: Brilliant location surrounded by offices and residential towers as well as a creative hub in the City Fringe

Description

Cafe- espresso - takeaway currently serving 40 - 45 kgs. coffee per week. - Also sells breakfast, sandwiches, light snacks, pastries and cakes as well as cold drinks - Light cooking only - A very simple business to run, with low overheads. - 15 seats inside. Sales shown are based on 2019 weekly average

Summary

  • Features: Very low rent. - Short hours - Easy to run operation - Loyal clientele - Casual vibe - Well established - Very good coffee - Hole in the wall espresso bar - Profitable - A true espresso bar.
  • Potential: Could expand menu. Potential to trade on weekends - Add fresh juice - Increase social media presence - Apply for some outdoor seating (STA).
  • Premises: At the entrance of an office block this is a long, narrow and simple but highly atmospheric hole in the wall espresso bar with an area of 20 m2
  • Trading Hours: 5 days - Mon. - Fri. - 7 a.m. - 4 p.m.
  • Lease: Current lease expires Nov. 2020 ( New lease approved Nov 2020 - Nov 2023 + 3 year option) - 4% increases - 3 month bond
  • Employees: 2 owners (husband & wife) + 1 part timer
  • Sale Reason: Wanting to start a family
  • Comments: Misc.- 1 - Other general expenses and GST - The 3 group coffee machine is owned by the coffee company. -A new lease will be available to an approved buyer -
    A must to inspect but please be very discreet - A rare find hole ion the wall!!

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)

$10,500

Cost of Goods

$3,500

Gross Profit

$7,000

Rent (ex GST)

$492

Wages

$400

Outgoings

$75

Insurance

$30

Electricity

$125

Misc1

$1,213

Total Expenses

$2,335

Estimated Stock (Additional)

$2,000

Net Profit

$4,665

Price

$330,000

 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.