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Cafe - Espresso - Under Management - Takeaway - Good bus...

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Cafe - Espresso - Under Management - Takeaway - Good business
NSW

Cafe - Espresso - Under Management - Takeaway - City Fringe - Agent SBX Code Number: SF1305 Cafe - espresso bar - takeaway currently selling 30 - 35 kgs. coffee p.w. - Open for breakfast and...

Price $348,000.00

Cafe - Espresso - Under Management - Takeaway - Good business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Cafe - Espresso - Under Management - Takeaway - City Fringe - Agent SBX Code Number: SF1305



Cafe - espresso bar - takeaway currently selling 30 - 35 kgs. coffee p.w. - Open for breakfast and lunch selling delicious food, specialty sandwiches, wraps, salads, daily specials as well as fresh juices, milkshakes and cold drinks - Light cooking only - 20 seats inside



Potential

Could open on Sunday - Outdoor seating (STA) - Expand on catering - Could do office delivery - A full time hands on motivated new owner could further increase sales and profit



Features

Profitable - Excellent rent and long lease -Under management - Very good reviews and social media exposure - Loyal clientele and a local favourite - Lots of takeaway trade - Concise menu



Premises

Espresso bar with a white tiled front counter, wooden tables and light and bright interior and an area of 60 sq. mts.



Location

Situated in the heart of a high density suburb in City Fringe with lots of foot traffic and surrounded by businesses and residential.



Trading Hours

6 days - Mon. - Fri. - 7 a.m. - 3 p.m. - Sat. - 8 a.m - 2 p.m.



Lease

Current lease expires March 2017 + 3 + 3 year options - C.P.I, increases - 3 month bond



Employees

1 Manager + 3 fulltimers + 4 casuals / part timers



Comments

Misc.1 - Other general expenses and GST . - A 3 group coffee machine is fully owned. - Total rent excluding GST is $1143 p.w. less $523 p.w. for the upstairs which is leased out - this leaves $620 p.w. rent for the business. - Upstairs is a 2 bedroom unit with a separate entrance which is sublet and a new owner could choose to live upstairs if required. - The managers wage of $1100 p.w. has been removed and shown in profit as an owner operator. - Staff should be prepared to stay on and training and recipe cards can be provided after purchase (if required) - A must to inspect - First time on the market - Please be very discreet



Agent SBX Code Number: SF1305 - Sydney Business Exchange

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 105862
SBX ID: SF1305




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