Visit this listing at https://www.sbx.com.au/business?id=SF1636

Business Code: SF1636

Key Features: Cafe - Restaurant - Pizza - Kingsgrove/ Canterbury Area - Sales $26,200 p.w.

State: NSW

Location: Situated very close to an industrial area, on a corner block with access from both main roads surrounded by local schools, residential and other retailers in the Inner West/ Canterbury area

Description

Cafe - Takeaway selling 45 kgs. coffee p.w, breakfast, lunch and dinner menu including wood fire pizza, pasta, burgers, desserts etc - Also sells drinks, cakes, muffins, etc - Two businesses in one, during day is more cafe style, coffee, baked goods, breakfast, light lunch options and at night a restaurant, bar, serving meals - entree, mains and desserts. - Full kitchen - Fully licensed - 54 seats outside - 30 seats inside. - Pre Covid sales approx. $33,000 p.w. - Uber Eats - Doordash

Summary

  • Features: Huge car traffic area and great street exposure - Good online reviews - Loyal clientele and strong community network - Well regarded for their food presentation, quality and coffee - Under Management - Well established and reliable staff
  • Potential: Add a drive through option (STA) for early morning trade and drive in and out options - open up to more functions, corporate events (lots of local outreach to schools and other businesses) - Very suitable for an owner operator or couple who would be able to reduce costs and increase sales and profit - Lots of new developments nearby to increase foot traffic - Suit any food concept / bar /casual dining
  • Premises: Fantastic corner premises on a busy intersection with on site car park and an area of 230 sq. mt. which includes the car park area.
  • Trading Hours: 7 days - Mon. - Fri. - 5 a.m - 10 p.m and Sat - Sun. 7 a.m.-10 p.m.
  • Lease: Current lease expires Dec. 2021 and a new lease or extension of 4 + 4 will be available - 5% increases - 3 month bond
  • Employees: 1 Manager + 1 full timer + 10 -12 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$26,200

Cost of Goods

$7,400

Gross Profit

$18,800

Rent

$2,572

Wages

$8,000

Telephone

$20

Insurance

$120

Electricity

$400

Gas

$400

Misc1

$280

Coffee Kilos P/W

45

Total Expenses

$11,792

Estimated Stock (Additional)

$25,000

Net Profit

$7,008

Price

$428,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway - Pizza - Delivery - Under Management - Restaurant - Casual Dining

Business Code: SF1636
Price: $428,000
+ Estimated SAV $25,000

Key Features: Cafe - Restaurant - Pizza - Kingsgrove/ Canterbury Area - Sales $26,200 p.w.

State: NSW

Location: Situated very close to an industrial area, on a corner block with access from both main roads surrounded by local schools, residential and other retailers in the Inner West/ Canterbury area

Description

Cafe - Takeaway selling 45 kgs. coffee p.w, breakfast, lunch and dinner menu including wood fire pizza, pasta, burgers, desserts etc - Also sells drinks, cakes, muffins, etc - Two businesses in one, during day is more cafe style, coffee, baked goods, breakfast, light lunch options and at night a restaurant, bar, serving meals - entree, mains and desserts. - Full kitchen - Fully licensed - 54 seats outside - 30 seats inside. - Pre Covid sales approx. $33,000 p.w. - Uber Eats - Doordash

Summary

  • Features: Huge car traffic area and great street exposure - Good online reviews - Loyal clientele and strong community network - Well regarded for their food presentation, quality and coffee - Under Management - Well established and reliable staff
  • Potential: Add a drive through option (STA) for early morning trade and drive in and out options - open up to more functions, corporate events (lots of local outreach to schools and other businesses) - Very suitable for an owner operator or couple who would be able to reduce costs and increase sales and profit - Lots of new developments nearby to increase foot traffic - Suit any food concept / bar /casual dining
  • Premises: Fantastic corner premises on a busy intersection with on site car park and an area of 230 sq. mt. which includes the car park area.
  • Trading Hours: 7 days - Mon. - Fri. - 5 a.m - 10 p.m and Sat - Sun. 7 a.m.-10 p.m.
  • Lease: Current lease expires Dec. 2021 and a new lease or extension of 4 + 4 will be available - 5% increases - 3 month bond
  • Employees: 1 Manager + 1 full timer + 10 -12 casuals.
  • Sale Reason: Family commitments
  • Comments: Misc.- 1 - Other generals expenses - The three group coffee machine is owned by the coffee company -The Managers wage of $1,000 p.w. has been removed from wages and shown in net profit as for an owner operator -
    A wood fire pizza oven was purchased for $25,000 and is approx. 2 years old.-
    A must to inspect but please be very discreet. Excellent photos for registered buyers

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures exclude GST

Weekly Takings

$26,200

Cost of Goods

$7,400

Gross Profit

$18,800

Rent

$2,572

Wages

$8,000

Telephone

$20

Insurance

$120

Electricity

$400

Gas

$400

Misc1

$280

Coffee Kilos P/W

45

Total Expenses

$11,792

Estimated Stock (Additional)

$25,000

Net Profit

$7,008

Price

$428,000
+ Estimated SAV $25,000

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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.