Sydney City Fringe
NSW
$65,000
Cafe - Takeaway -Espresso - Casual Restaurant - Alfresco diningPrice: $278,000Net Profit: $2,279 |
Visit this listing at https://www.sbx.com.au/business?id=SF1605 |
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Business Code: SF1605 Key Features: Cafe - Takeaway - Espresso - Surry Hills - Sydney NSW State: NSW Suburb: Surry Hills, 2010 Location: Situated in the plaza of three modern high rise office buildings and close to Central Station and the tram stop in the CBD / Surry Hills area DescriptionCafe - Takeaway - Espresso - currently selling all day breakfast, coffee, hot and cold drinks, cakes, sandwiches, salads, lunch menu and light snacks - Lite cooking with cool room - Small exhaust and no grease trap - 19 seats inside & 36 seats outside. - The high rise office buildings are fully tenanted however not all workers have come back to the offices in 2020 - Whoever buys this business will have lots of potential to increase sales and catering in 2021 Summary
Weekly SummaryWeekly Takings (inc GST)$7,500Cost of Goods$2,200Gross Profit$5,300Rent$1,136Wages$1,400Telephone$20Insurance$90Electricity$125Misc1$250Total Expenses$3,021Estimated Stock (Additional)$5,000Net Profit$2,279Price$278,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Cafe - Takeaway -Espresso - Casual Restaurant - Alfresco dining
Business Code: SF1605
Price: $278,000
Key Features: Cafe - Takeaway - Espresso - Surry Hills - Sydney NSW
State: NSW
Suburb: Surry Hills, 2010
Location: Situated in the plaza of three modern high rise office buildings and close to Central Station and the tram stop in the CBD / Surry Hills area
Description
Cafe - Takeaway - Espresso - currently selling all day breakfast, coffee, hot and cold drinks, cakes, sandwiches, salads, lunch menu and light snacks - Lite cooking with cool room - Small exhaust and no grease trap - 19 seats inside & 36 seats outside. - The high rise office buildings are fully tenanted however not all workers have come back to the offices in 2020 - Whoever buys this business will have lots of potential to increase sales and catering in 2021
Summary
- Features: Location - Location - Long lease - Great visual premises - Lots of potential for a new and motivated owner - Large captive audience of customers - 5 days - Easy to run - Foyer cafe- Good reviews - Near major railway hub
- Potential: Big potential to do more catering for the large office buildings - Obtain a liquor license (STA)- Increase social media presence - Introduce delivery to upstairs offices - Add extra quick items to the menu
- Premises: All glass windows and well lit premises with beautiful alfresco seating, storage room at the back and an area of 55 sq. mts.
- Trading Hours: 5 days - Mon. - Fri. - 6:30 a.m.- 4:30 p.m.
- Lease: Current lease expires March 2026 + 5 year option with no market review - 4% Increases - $20,167 Bond is required
- Employees: 2 owners + 2-3 casuals
- Sale Reason: Both owners wanting to retire
- Comments: Misc.- 1 - Other general expenses -
Sales shown are a weekly average for 2019/2020- The high rise office buildings are fully tenanted however not all workers have come back to the offices in 2020 - Whoever buys this business will have lots of potential to increase sales and catering in 2021 - Near major railway hub
This is one of the prime locations for a 5 day cafe - Any further information will be after a meeting/ inspection with the vendor - A must to inspect as first time on the market in 15 years.
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)
$7,500
Cost of Goods
$2,200
Gross Profit
$5,300
Rent (ex GST)
$1,136
Wages
$1,400
Telephone
$20
Insurance
$90
Electricity
$125
Misc1
$250
Total Expenses
$3,021
Estimated Stock (Additional)
$5,000
Net Profit
$2,279
Price
$278,000
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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.
