Visit this listing at https://www.sbx.com.au/business?id=SF1627

Business Code: SF1627

Key Features: DO NOT MISS OUT ON THIS CAFE! - Espresso - Bakery - Takeaway

State: NSW

Suburb: Potts Point, 2011

Location: Brilliant corner position on main street and centrally located in a busy village plaza with high foot traffic surrounded by retail, commercial and residential in the Eastern Suburbs/City Fringe below a small hotel.

Description

Bakery and cafe famous for daily freshly made European style bread, pastries, sandwiches, and brunch - 20 kgs.coffee p.w. and pre Covid 35-40 kgs. p.w.. - Most of the bread and pastry are made from par-baked products and are transported and stored frozen. - Simply bake the frozen products for a few minutes to make them ready to sell. The feature of par-baked products benefits the owner to operate the store easily . No baker or pastry chef is required - Light cooking only - 6 seats inside - 12 seats outside - Owned equipment includes 3 group espresso machine and drink fridges.

Summary

  • Features: Easy to operate with good systems in place - Busy online store on Uber Eats and Deliveroo (170+ online orders p.w. ) - Regular and loyal customers - Close to train station - Well established and known in the area - No outgoings
  • Potential: Expand the menu - Promote the online store more - Do some marketing and advertising - Improve social media presence - Add more bakery items - Great potential for a motivated new owner or couple - Open more hours
  • Premises: Fully opening bi fold windows throughout - This cafe has great street appeal with bar seats and corner location with an area of 52 m2
  • Trading Hours: 7 days - Mon. - Sat. - 6 a.m. to 3 p.m. and Sun. - 7 a.m. to 3 p.m.
  • Lease: 8 year lease expires Nov. 2022 - 4% increases - 3 month bond (New lease should be available. )
  • Employees: 1 owner (works 4 days a week) + 2 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$8,500

Cost of Goods

$2,000

Gross Profit

$6,500

Rent

$2,288

Wages

$1,500

Telephone

$30

Insurance

$30

Electricity

$110

Misc1

$30

Misc2

$200

Coffee Kilos P/W

20

Total Expenses

$4,188

Estimated Stock (Additional)

$3,000

Net Profit

$2,312

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso - Bakery - Takeaway - Home Delivery

Business Code: SF1627
Price: $98,000
+ Estimated SAV $3,000

Key Features: DO NOT MISS OUT ON THIS CAFE! - Espresso - Bakery - Takeaway

State: NSW

Suburb: Potts Point, 2011

Location: Brilliant corner position on main street and centrally located in a busy village plaza with high foot traffic surrounded by retail, commercial and residential in the Eastern Suburbs/City Fringe below a small hotel.

Parking: Street parking .

Description

Bakery and cafe famous for daily freshly made European style bread, pastries, sandwiches, and brunch - 20 kgs.coffee p.w. and pre Covid 35-40 kgs. p.w.. - Most of the bread and pastry are made from par-baked products and are transported and stored frozen. - Simply bake the frozen products for a few minutes to make them ready to sell. The feature of par-baked products benefits the owner to operate the store easily . No baker or pastry chef is required - Light cooking only - 6 seats inside - 12 seats outside - Owned equipment includes 3 group espresso machine and drink fridges.

Summary

  • Features: Easy to operate with good systems in place - Busy online store on Uber Eats and Deliveroo (170+ online orders p.w. ) - Regular and loyal customers - Close to train station - Well established and known in the area - No outgoings
  • Potential: Expand the menu - Promote the online store more - Do some marketing and advertising - Improve social media presence - Add more bakery items - Great potential for a motivated new owner or couple - Open more hours
  • Premises: Fully opening bi fold windows throughout - This cafe has great street appeal with bar seats and corner location with an area of 52 m2
  • Trading Hours: 7 days - Mon. - Sat. - 6 a.m. to 3 p.m. and Sun. - 7 a.m. to 3 p.m.
  • Lease: 8 year lease expires Nov. 2022 - 4% increases - 3 month bond (New lease should be available. )
  • Employees: 1 owner (works 4 days a week) + 2 parttimers
  • Sale Reason: The owner is selling this business because the store is too far away from his home.
  • Comments: Misc.- 1 - Outdoor searing fee - Misc.- 2 Other general expenses - This business is very busy in the mornings because it is very close to the train station and has lots of foot traffic every day. - Weekly sales increasing to pre Covid - 19 sales of $11K p.w -
    3 group La Marzocco coffee machine if included in the sale - A must to inspect - Please be very discreet.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$8,500

Cost of Goods

$2,000

Gross Profit

$6,500

Rent (ex GST)

$2,288

Wages

$1,500

Telephone

$30

Insurance

$30

Electricity

$110

Misc1

$30

Misc2

$200

Coffee Kilos P/W

20

Total Expenses

$4,188

Estimated Stock (Additional)

$3,000

Net Profit

$2,312

Price

$98,000
+ Estimated SAV $3,000

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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.