Cafe - Espresso - Patisserie - Bakery - Under Management

Business Code: G1663


Key Features: Long lease

State: NSW

Location: Prime cafe strip location in the heart of a suburb in the Eastern suburbs.

Description

Cafe - espresso bar - bakery & patisserie selling 50 + kgs. coffee p.w. and offering unique all day full breakfast, full pastry selection baked every morning in front of the customers. -Lunch includes pizzas, unique gourmet sandwiches, salads, coffee, cakes & pastries. - Also offering a consistent home delivery service. - 12 seats outside - 29 seats inside.

Summary

  • Features: Well established. - Loyal staff & customers. - Long lease and low rent. - Same owner operating for 14 years. - Full financials. - Top business. - Excellent systems in place. - Very functional & busy cafe. - One of our best run cafes.

  • Potential: Would suit a fulltime owner operator to improve sales, reduce wages and increase profits. - A hands on owner operator could still grow this successful & growing business by opening nights. - Could do more marketing on social media.

  • Premises: This business has an area of 84 sq. mts. plus 2 storerooms

  • Trading Hours: 7 days - 6:00 a.m. - 5:00 p.m.

  • Lease: New 5 + 5 year lease (commenced August 2018). - C.P.I. increases. - 3 months bank guarantee for bond.

  • Employees: Owner not on roster but overseeing - 2 supervisors + 3 cooks + 2 baristas + 3 floor staff

  • Comments: The vendor with 30 years of experience has set up a fully systemized concept & will offer to train any buyer and share his extremely valuable knowledge of the industry. - Misc. - 1 - GST, outdoor seating + other expenses.

Weekly Summary

Weekly Takings
(inc GST)

$22,263

Cost of Goods

$5,860

Gross Profit

$16,403

Rent

$2,192

Wages

$5,888

Telephone

$30

Insurance

$229

Electricity

$520

Misc1

$2,075

Coffee Kilos P/W

50

Total Expenses

$10,934

Estimated Stock (Additional)

$10,000

Equipment (Included)

$230,000

Net Profit

$5,469

Price

$400,000

Enquire about this listing

OR