Cafe - Espresso - Takeaway - Under Management

Business Code: SF1450


Key Features: Great location

State: NSW

Suburb: Potts Point, 2011

Location: Situated in the heart of buzzing dining hub on the main street of an affluent, and densely populated suburb of City Fringe of Sydney.

Description

Cafe - takeaway selling 15-18 kgs. coffee p.w. - Open for breakfast and lunch - Currently serving all day breakfasts and breakfast bowls, freshly made sandwiches, burgers, salads, juice and cold drinks - Full kitchen with all modern and new cool room, upright freezer, fridges, Unox Oven and a 3 group coffee machine. - fully licenced - 30 seats inside and 10 seats in covered outside area - Lots of home delivery.

Summary

  • Features: Lively location with lots of foot traffic - Stunning modern fit out - Great position - Long lease - DA to open till 11 pm - Nothing to spend - Top of the line equipment - Beautiful set up with an indoor plant feature wall and watering system.

  • Potential: Could open at night - Expand catering - Do some marketing and advertising - An owner operator could increase sales and profit as the current owner has no experience in the industry - Many new developments and apartments under construction nearby.

  • Premises: Modern and spacious glass front shop cafe with storage room below a block of apartments and surrounded by well known restaurants and cafes with an area of 104 sq. mtrs.

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

  • Lease: Current lease expires Jan. 2022 + 5 year option - 6% C.P.I. increases - 3 month bond.

  • Employees: 1 Manager + 1 fulltimer + 1 parttimer + 2 - 3 casuals

  • Comments: Misc.- 1 -Other general expenses and GST.- Car space could also be rented out for $250 p.w. - Brand new on premise liquor license till 10 a.m. till 8 p.m. - A beautiful 3 Group coffee machine is fully owned. - Managers wage of $1000 p.w. has been removed from wages and shown in net profit as for an owner operator.-

Weekly Summary

Weekly Takings
(inc GST)

$14,400

Cost of Goods

$4,500

Gross Profit

$9,900

Rent

$2,411

Wages

$3,300

Telephone

$25

Insurance

$70

Electricity

$220

Gas

$100

Misc1

$1,250

Coffee Kilos P/W

15

Total Expenses

$7,376

Estimated Stock (Additional)

$9,000

Net Profit

$2,524

Price

$132,000

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