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.
- 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.
- 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
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
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