Cafe - Coffee

Business Code: GN1317


Key Features: Great buy

State: NSW

Location: Hot location in popular eat street close to major railway station and light rail station in City Fringe.

Description

Cafe selling a great breakfast with generous portions and top taste. - They use 50 kgs. of coffee p.w. and sell 20 kgs. of coffee over the counter p.w. - The menu has been kept really simple and their food margins are really high hence the low food costs. - Genuine coffee roasting machine on premises included in the sale of business. - $600,000 fit out was done four years ago . - 78 seats inside - 4 seats outside - Licenced.

Summary

  • Features: Brilliant fit out. - Really long lease .

  • Potential: To extend the trading hours and do catering to the surrounding offices.

  • Premises: The premises are in excellent condition and have some really interesting features with an area of 150 sq. mts.

  • Trading Hours: 5 days - 7.00 a.m. - 4.00 p.m.

  • Lease: Current lease expires 2nd Nov. 2019 + 5 year option. - 3% annual increases - 3 months bank guarantee.

  • Employees: One owner + 1 barista + 5 casuals.

  • Comments: Misc.- 1 - General running costs, merchant fees, bank charges, repairs and maintenance, licences and permits

Weekly Summary

Weekly Takings
(inc GST)

$13,000

Cost of Goods

$3,750

Gross Profit

$9,750

Rent

$1,818

Wages

$3,500

Outgoings

$250

Insurance

$80

Electricity

$220

Gas

$101

Misc1

$781

Coffee Kilos P/W

50

Total Expenses

$6,750

Estimated Stock (Additional)

$7,000

Net Profit

$3,000

Price

$380,000

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