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Cafe - Restaurant - Under Management - Investment share...

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Cafe - Restaurant - Under Management - Investment share of business
NSW

Cafe - Restaurant - Under Management - City Fringe - Agent SBX Code Number: FK1046 Cafe selling 40 kgs. coffee p.w. and offering a complete breakfast and lunch menu consisting of everything from...

Price $200,000.00

Cafe - Restaurant - Under Management - Investment share of business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Cafe - Restaurant - Under Management - City Fringe - Agent SBX Code Number: FK1046



Cafe selling 40 kgs. coffee p.w. and offering a complete breakfast and lunch menu consisting of everything from smashed avo, potato latkes to authentic Hong Kong favorites such as hokkaido red bean and kimchee. - Fully equipped kitchen with 2 deep fryers, grease trap. - This is an investment opportunity for someone looking to buy into a very popular and well established cafe / restaurant business and who is looking to ideally work in the business as a manager to earn both a salary and to have a profit share in the business. - The share is 38.5% and the expectation is that the purchaser will act as a working owner for an agreed salary in addition to their share of the profit.



Potential

Obtain a liquor licence - Open for dinner at least a couple of nights a week - Expand delivery and catering sales



Features

Very popular cafe with excellent reviews and large social media following. - Excellent stylish fit-out. - Run under management. - High profile location.



Premises

This business has an area of 140 sq. mts. with basement storage on site as well as bathroom and other amenities.



Location

Prime location near the busiest train station in Sydney.



Trading Hours

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



Lease

Current lease expires Dec .2019 + 5 year option. - 5% C.P.I. rent increases - 6 month bank guarantee as bond.



Employees

5 fulltimers + 3 parttimers + 7 casuals on rotating roster.



Comments

Misc.- 1 - General operating expenses - Misc. - 2 - General expenses related to maintenance of premises.-Outgoing included in rental figure- Buyers please note that this is only a partial sale of the business being 38.5%. - The other 2 share holders will remain in the business and will retain the balance of equity. - Inspection and meeting with other partners will be arranged for suitable buyers prior to moving forward with the transaction.



Agent SBX Code Number: FK1046 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 147809
SBX ID: FK1046




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