Cafe - Restaurant - Under Management

Business Code: FK1046


Key Features: Investment share of business

State: NSW

Location: Prime location near the busiest train station in Sydney.

Description

Cafe selling 40 kgs. coffee p.w. and offering a complete breakfast and lunch menu consisting of everything from smashed avo, potato latkes to authentic Hong Kong favorites such as hokkaido red bean and kimchee. - Fully equipped kitchen with 2 deep fryers, grease trap. - This is an investment opportunity for someone looking to buy into a very popular and well established cafe / restaurant business and who is looking to ideally work in the business as a manager to earn both a salary and to have a profit share in the business. - The share is 38.5% and the expectation is that the purchaser will act as a working owner for an agreed salary in addition to their share of the profit.

Summary

  • Features: Very popular cafe with excellent reviews and large social media following. - Excellent stylish fit-out. - Run under management. - High profile location.

  • Potential: Obtain a liquor licence - Open for dinner at least a couple of nights a week - Expand delivery and catering sales

  • Premises: This business has an area of 140 sq. mts. with basement storage on site as well as bathroom and other amenities.

  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m. - 3 p.m. - Sat. - Sun. - 8 a.m. - 3 p.m.

  • Lease: Current lease expires Dec .2019 + 5 year option. - 5% C.P.I. rent increases - 6 month bank guarantee as bond.

  • Employees: 5 fulltimers + 3 parttimers + 7 casuals on rotating roster.

  • Comments: Misc.- 1 - General operating expenses - Misc. - 2 - General expenses related to maintenance of premises.- Outgoing included in rental figure-

Weekly Summary

Weekly Takings
(inc GST)

$26,914

Cost of Goods

$7,351

Gross Profit

$19,563

Rent

$2,721

Wages

$9,722

Telephone

$66

Insurance

$174

Electricity

$488

Gas

$122

Misc1

$1,152

Misc2

$527

Coffee Kilos P/W

40

Total Expenses

$14,972

Estimated Stock (Additional)

$15,000

Equipment (Included)

$80,000

Net Profit

$4,591

Price

$200,000

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