Cafe - Takeaway - Bakery - Good opportunity
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Cafe - Takeaway - Bakery - City Fringe - Agent SBX Code Number: FQ1098
Cafe with full bakery currently doing 30 kgs. coffee p.w. as well as a selection of hot beverages, cold smoothies, juice blends, protein drinks, healthy blends etc. - Also serves light breakfast and lunch menu such as a pasta, salads, sandwiches, toast & bacon, pies, fish & chips, burgers etc. - The bakery produces artisan bread and cakes with potential for wholesale and distribution. - Can operate as a cafe without the bakery. Rare opportunity. - 23 seats outside - 17 seats inside.
Many new apartments to be completed nearby with expected increased foot traffic- Can open earlier hours to capture more coffee sales - Can expand cakes and bakery wholesale business
Excellent location near busy street intersection- Full bakery. - Good lease
Attractive and modern fitout with an area of approx.110 sq. mts. situated beneath an apartment building
Busy street intersection with residential and light commercial mix in City Fringe area.
7 days - Mon. - Sun. - 700 a.m. - 400 p.m.
Current lease expires April, 2021 + 5 years option - 4% annual increases - 3 months bond.
1 owner + 8 casuals
Misc.- 1 - allowances for repairs and other costs. - Misc. - 2 - EFTPOS Merchant Facility fees. Bakery equipment of $80,000 is not included in the sale. - Initial investment of $500K to setup. - Owner selling below cost due to other business interests and family commitments.
Agent SBX Code Number: FQ1098 - Sydney Business Exchange