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Established Cafe, Operated under management, Parramatta...

Business for Sale
Parramatta NSW

Business Headline : Established Cafe, Operated under management, Parramatta Legal Precinct Price : $320,000 Category : Food/Hospitality,

Price $320,000

Established Cafe, Operated under management, Parramatta Legal Precinct

Stock Included:
Stock Value:
Years Est:
Gross Revenue:

Business Headline : Established Cafe, Operated under management, Parramatta Legal Precinct

Price : $320,000

Category : Food/Hospitality, Cafe/Coffee Shop, Catering, Takeaway Food

This large cafe in the Parramatta Courts precinct has been operating successfully for over 9 years; the past year under management.

Key features:

  • A massive kitchen, cool room, walk in freezer.
  • Two separate pantries allows for a strong catering business. 
  • Catering accounts for roughly 45-50% of the weekly takings, with regular corporate and government clients ordering on a daily basis. 
  • Included in the assets is a 2014, business branded VW Caddy Van for deliveries.
  • Cafe has great indoor/outdoor seating with 60 seats inside and 30 undercover outside on a busy commuter strip.
  • Currently operating 5 days, Mon-Fri, 6.30am to 3pm.

Potential:

  • Possible opportunities to grow include increasing coffee sales from the current 20kg per week, weekend trading and securing a liquor licence. 
  • The kitchen could possibly support a conversion from Cafe to Cafe/Restaurant.
  • The business can open longer hours including weekends.
  • An owner operator could possibly improve overall cafe performance.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4003562#enquire-now

Annual Rent : $112,145 - Weekly Rent : $2,157

Annual Turnover : $832,000 - Weekly Turnover : $16,000

Annual Gross Profit : $598,000 - Weekly Gross Profit : $11,500

Annual Ebit : $234,000 - Weekly Ebit : $4,500

Premise : Leased

Lease Commencement : Jul 2014

Lease End : Jun 2019

Lease Option: 5 years

Current Outgoings pa: $3,640

Total Floor Area : 250 Square Metres

Total No of Parking : 2

Franchise : No

Approximate Stock Value : $7,500

Year Purchased : 2016

Days Trading : 5

Staff : 5 Full Time - 1 Casual

Reason for Sale : Change of career

Location : Parramatta CBD

Business Potential : Increase catering, obtain liquor licence, trade longer hours

Parking Comments : 2 cars - Undercover in building

Contact Seller

Contact: Bruce Irvine
Mobile: 0420 316 168

Bsale ID: 159244
Agent ID: 4003562




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