Visit this listing at https://www.sbx.com.au/business?id=SF1605

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

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
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$7,500

Cost of Goods

$2,200

Gross Profit

$5,300

Rent

$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

Contact SBX

NSW (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.