Visit this listing at https://www.sbx.com.au/business?id=T3007

Business Code: T3007

Key Features: Cafe - Bar - Foyer - Massive high-rise Sales $30,000 pw - 5 days only - Syd CBD

State: NSW

Suburb: Sydney, 2000

Location: Situated in the foyer of brand new very large CBD office tower.90% occupancy and easy access to Pitt street, with 5,000 office workers.

Description

Cafe / Bar in foyer serving breakfast, lunch and dinner. Full commercial kitchen serving a variety of Italian food, 15 kgs .coffee and great variety of wines, beer and cocktails. 30% of income is through alcohol sales. Brand new fit out with state of the art equipment throughout. Currently adding a further 25 seats in a great position. Situated in growth corridor of the City with many new office towers and residential under construction.

Summary

  • Features: Stunning location within one of the largest CBD commercial buildings in the growth area of City. Building about to become 90% occupied.
  • Potential: Enormous potential as opened less than 12 months with business growing and positioned in part of the CBD which is expanding dramatically. Should reach sales of over $50,000 per week.
  • Premises: Approx. 220 sqm, large atrium with New York style fit out, large centre bar with seating around and open kitchen, also separate store room and work area downstairs
  • Trading Hours: 5 days - Monday to Friday: 6.30 am to 10 pm.
  • Lease: 10 year lease from July 2023 with 3.5% increases annually and 3 month bond.
  • Employees: 1 owner + 1 full time chef + 3 kitchen + 2 floor + 3 bar all casuals.
  • Sale Reason: Number of other large businesses and wants to concentrate on them.
  • Comments: One of the City's largest buildings, 55 levels with 2 separate street entrances accommodating 5,500 office workers.

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

Weekly Takings (inc GST)

$30,000

Cost of Goods

$10,500

Gross Profit

$19,500

Rent

$2,596

Wages

$10,000

Telephone

$30

Insurance

$80

Electricity

$600

Gas

$200

Misc1

$994

Coffee Kilos P/W

15

Total Expenses

$14,500

Estimated Stock (Additional)

$30,000

Equipment (Included)

$300,000

Net Profit

$5,000

Price

$550,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Bar - Takeaway

Business Code: T3007
Price: $550,000
+ Estimated Stock (SAV) $30,000

Key Features: Cafe - Bar - Foyer - Massive high-rise Sales $30,000 pw - 5 days only - Syd CBD

State: NSW

Suburb: Sydney, 2000

Location: Situated in the foyer of brand new very large CBD office tower.90% occupancy and easy access to Pitt street, with 5,000 office workers.

Description

Cafe / Bar in foyer serving breakfast, lunch and dinner. Full commercial kitchen serving a variety of Italian food, 15 kgs .coffee and great variety of wines, beer and cocktails. 30% of income is through alcohol sales. Brand new fit out with state of the art equipment throughout. Currently adding a further 25 seats in a great position. Situated in growth corridor of the City with many new office towers and residential under construction.

Summary

  • Features: Stunning location within one of the largest CBD commercial buildings in the growth area of City. Building about to become 90% occupied.
  • Potential: Enormous potential as opened less than 12 months with business growing and positioned in part of the CBD which is expanding dramatically. Should reach sales of over $50,000 per week.
  • Premises: Approx. 220 sqm, large atrium with New York style fit out, large centre bar with seating around and open kitchen, also separate store room and work area downstairs
  • Trading Hours: 5 days - Monday to Friday: 6.30 am to 10 pm.
  • Lease: 10 year lease from July 2023 with 3.5% increases annually and 3 month bond.
  • Employees: 1 owner + 1 full time chef + 3 kitchen + 2 floor + 3 bar all casuals.
  • Sale Reason: Number of other large businesses and wants to concentrate on them.
  • Comments: One of the City's largest buildings, 55 levels with 2 separate street entrances accommodating 5,500 office workers.

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

$30,000

Cost of Goods

$10,500

Gross Profit

$19,500

Rent (ex GST)

$2,596

Wages

$10,000

Telephone

$30

Insurance

$80

Electricity

$600

Gas

$200

Misc1

$994

Coffee Kilos P/W

15

Total Expenses

$14,500

Estimated Stock (Additional)

$30,000

Equipment (Included)

$300,000

Net Profit

$5,000

Price

$550,000
+ Estimated Stock (SAV) $30,000

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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.