Upper North Shore
NSW
$195,000
Cafe -Restaurant - Bar - Under ManagementPrice: $1,300,000Net Profit: $12,043 |
Visit this listing at https://www.sbx.com.au/business?id=SM1522 |
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Business Code: SM1522 Key Features: Restaurant -Bar - Cafe - Under management - Nets over $12,000 p.w. -City Fringe State: NSW Location: Situated in City Fringe street front of busy shopping centre with more than 5000 apartments in the area and a lot of new developments under construction around the shop. DescriptionFully licensed bar / restaurant selling beer, wine and fusion foods with 250 sq.mts. inside with 150 seats plus 72 seat outdoor setting. The business has an excellent setup with good lighting, sound-proof sound system, full functional air-conditioning and heating. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$55,000Cost of Goods$18,000Gross Profit$37,000Rent$4,383Wages$15,000Outgoings$2,598Telephone$13Insurance$589Electricity$716Gas$714Misc1$144Misc2$800Total Expenses$24,957Estimated Stock (Additional)$40,000Equipment (Included)$600,000Net Profit$12,043Price$1,300,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Cafe -Restaurant - Bar - Under Management
Business Code: SM1522Price: $1,300,000
+ Estimated Stock (SAV) $40,000
Key Features: Restaurant -Bar - Cafe - Under management - Nets over $12,000 p.w. -City Fringe
State: NSW
Location: Situated in City Fringe street front of busy shopping centre with more than 5000 apartments in the area and a lot of new developments under construction around the shop.
Business Overview
Fully licensed bar / restaurant selling beer, wine and fusion foods with 250 sq.mts. inside with 150 seats plus 72 seat outdoor setting. The business has an excellent setup with good lighting, sound-proof sound system, full functional air-conditioning and heating.
Summary
- Key Features: Under full management - Fully licensed with 11 taps installed - The business regularly holds corporate meetings, after-office drinks and large group meetings.
- Potential: This business has an opportunity to open for breakfast and add coffee for which there is a strong demand.
- Premises: Business has 250 sqm with top fit out. 26 meter wide of shop front and high ceilings.
- Trading Hours: 7 days. - Monday to Saturday: 11:30 am till late. Sunday: 11:30 am to 10 pm.
- Lease: Current lease expires 27th May 2027 - New 5 year lease is available for approved purchaser. - 5% annual increases. - 3 months Bank guarantee.
- Employees: 6 full timers + 3 part timers + 8 casuals.
- Sale Reason: Health reasons.
- Comments: Misc.-1 - $144 software and IT support fee etc. - Misc.-2.- $800 Live Music DJ payment. - Under fully management. Vendor does paper work only. - Don't miss out. Call your broker for an inspection. Staff are not aware. Inspections only through your SBX Broker. - The weekly takings of $55,000 p.w. is true turnover and without GST.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures exclude GST
Weekly Takings
$55,000
Cost of Goods
$18,000
Gross Profit
$37,000
Rent
$4,383
Wages
$15,000
Outgoings
$2,598
Telephone
$13
Insurance
$589
Electricity
$716
Gas
$714
Misc1
$144
Misc2
$800
Total Expenses
$24,957
Estimated Stock (Additional)
$40,000
Equipment (Included)
$600,000
Net Profit
$12,043
Price
$1,300,000
+ Estimated Stock (SAV) $40,000
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.