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Cafe - Bar - Takeaway - Catering - Great location

Business for Sale
Cafe - Bar - Takeaway - Catering - Great location
NSW

Cafe - Bar - Takeaway - Catering - Sydney CBD - Agent SBX Code Number: SF1250 Cafe - bar - takeaway - catering selling fresh and locally sourced meals. - Breakfast, lunch, daily s...

Price $418,000.00

Cafe - Bar - Takeaway - Catering - Great location

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Cafe - Bar - Takeaway - Catering - Sydney CBD - Agent SBX Code Number: SF1250



Cafe - bar - takeaway - catering selling fresh and locally sourced meals. - Breakfast, lunch, daily specials, pastries, muffins, sandwiches, burgers, salads, and cold drinks. - Also selling 27 - 30 kg coffee per week - Well designed kitchen with walk in cool room, combi oven, large exhaust and full kitchen facilities - On premise license - 47 seats inside. - 10 seats outdoors



Potential

Outdoor seating (STA) - Many opportunities to expand catering - Open in the evening - Open longer hours



Features

Long lease - Excellent position - Full length windowed corner location with excellent exposure - Good social media presence - Excellent systems in place. Guaranteed business from Hotel. - Outdoor seating.



Premises

Prime corner Cafe with a brilliant industrial / modern fit out, open kitchen, high ceilings, separate storage area and share toilet and area of 88 sq. mts.



Location

Very busy corner on 3 main streets close to major train station, 4 hotels, gym and in a developing area of the city.



Trading Hours

7 days - Mon. - Fri. - 6.30 a.m. - 3 p.m.- Fri. - Sat .- 7 a.m. - 2 p.m.



Lease

Current lease expires Nov 2024, - 4% increases - 3 months bond



Employees

2 owners + 2 fulltimers + 5-6 casuals



Comments

Misc 1 - GST Misc 2 - Other general expenses including $120p.w. for outdoor seating. -3 group coffee machine and 2 grinders are owned by the coffee company. This business has only been open since Feb 2015 and is still growing. - Set up costs are well over $200K. Two entrances each on different streets. - There is a lot of nearby development including a 17 storey hotel and large residential complex.- A contract is in place to provide breakfast to the upstairs hotel which brings in around $3,000 per week(Included in weekly sales) - The current lease allows trade 7 days, 6 am till 10 pm. - Good records are available after a meeting - A must to inspect but please be discreet. - 2 owners wages have been removed & shown in nett profit.



Agent SBX Code Number: SF1250 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 83674
SBX ID: SF1250




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