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Bar - Cafe - Restaurant - Great location

Business for Sale
Bar - Cafe - Restaurant - Great location
NSW

Bar - Cafe - Restaurant - Sydney CBD - Agent SBX Code Number: SF1164 Bar - cafe - restaurant serving breakfast and lunch - Also does a very popular and profitable high tea. -...

Price $398,000.00

Bar - Cafe - Restaurant - Great location

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Bar - Cafe - Restaurant - Sydney CBD - Agent SBX Code Number: SF1164



Bar - cafe - restaurant serving breakfast and lunch - Also does a very popular and profitable high tea. - Meals include eggs benedict, panini, salads, pasta, cakes and muffins. - Coffee sales 10-13 kg. plus very good tea and chai sales. - Full kitchen including a combi oven - Fully licensed with a bar license (can sell liquor without food) - 70 seats inside and 30 seats outside on the balcony.



Potential

Expand catering and function side of the business - Open more nights - Increase coffee sales - Improve social media presence



Features

CBD location - Lots of foot traffic - Beautifully presented - Reasonable rent - Good profit - Quality equipment and fixtures.



Premises

Kitchen, 2 bar areas, storage room, dining room and spacious alfresco seating area with an area of 120 sq. mts.



Location

Situated in the heart of the CBD in a well known prestigious shopping centre surrounded by shops and offices.



Trading Hours

7 days - Mon to Sat 10am to 6pm. - Sun 10am to 5pm.



Lease

Current lease expires April 2019 - C.P.I. increases - 3 month bond



Employees

1 owner + 2 full timers + 3 part-timers



Comments

Miscell. 1 - POS cash register. - Miscell. 2 - Other general expenses. - Sales will increase greatly over the summer and Christmas period. - Lots of advance group bookings for functions. This business has been steadily growing for two years and should continue to do so. - The owner has set up very good systems so it is easy to operate. - Parking can be leased for $450 per month. - The 2 group espresso machine is included in the sale. - Experienced operators only - First time on the market - Appointments through broker only



Agent SBX Code Number: SF1164 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 104468
SBX ID: SF1164




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