Cafe - Takeaway - Bakery

Business Code: FQ1098


Key Features: Currently not trading

State: NSW

Location: Busy street intersection with residential and light commercial mix in City Fringe area...

Description

Cafe with full bakery currently doing 30 kgs. coffee p.w. as well as a selection of hot beverages, cold smoothies, juice blends, protein drinks, healthy blends etc. - Also serves light breakfast and lunch menu such as a pasta, salads, sandwiches, toast & bacon, pies, fish & chips, burgers etc. - The bakery produces artisan bread and cakes with potential for wholesale and distribution. - Can operate as a cafe without the bakery. Rare opportunity. - 23 seats outside - 17 seats inside.

Summary

  • Features: Excellent location near busy street intersection- Full bakery. - Good lease

  • Potential: Many new apartments to be completed nearby with expected increased foot traffic - Can open earlier hours to capture more coffee sales - Can expand cakes and bakery wholesale business

  • Premises: Attractive and modern fitout with an area of approx.110 sq. mts. situated beneath an apartment building

  • Trading Hours: 7 days - Mon. - Sun. - 7:00 a.m. - 4:00 p.m.

  • Lease: Current lease expires April, 2021 + 5 years option - 4% annual increases - 3 months bond.

  • Employees: 1 owner + 8 casuals

  • Comments: Misc.- 1 - allowances for repairs and other costs. - Misc. - 2 - EFTPOS Merchant Facility fees. - Currently not trading due to partnership dispute -

Weekly Summary

Weekly Takings
(inc GST)

$11,000

Cost of Goods

$2,750

Gross Profit

$8,250

Rent

$1,823

Wages

$3,500

Telephone

$20

Insurance

$40

Electricity

$100

Gas

$50

Misc1

$50

Misc2

$60

Total Expenses

$5,643

Net Profit

$2,607

Price

$90,000

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