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Foyer Cafe - Restaurant - Takeaway - Under Management -...

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Foyer Cafe - Restaurant - Takeaway - Under Management - Busy area
NSW

Foyer Cafe - Restaurant - Takeaway - Under Management - Sydney CBD - Agent SBX Code Number: SF1421 Cafe (foyer) - restaurant - takeaway selling all day breakfast, steak, fish and chips, burger...

Price $128,000.00

Foyer Cafe - Restaurant - Takeaway - Under Management - Busy area

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Foyer Cafe - Restaurant - Takeaway - Under Management - Sydney CBD - Agent SBX Code Number: SF1421



Cafe (foyer) - restaurant - takeaway selling all day breakfast, steak, fish and chips, burgers , pasta, salads, desserts and cold drinks - Coffee is currently 8 -10 kg. p.w. - Full kitchen with walk in cool room and freezer - 80 seats inside and 40 seats outside - Air Conditioned



Potential

Obtain a liquor license (STA) - Add extra seats - Do some catering for the upstairs towers - Do marketing and advertising - A hands on owner operator or couple could increase sales and profit- Can add takeaway section for quicker service - Increase coffee sales.



Features

Under management. - High foot traffic - Large bar area - Outdoor alfresco dining area - New modern fit out - Good website



Premises

Fantastic corner location with large glass panel windows and garden views, store room and an area of 150m2 inside and another 60m2 in the outdoor alfresco area



Location

Situated under 3 large towers and close to the train station, schools and opposite a large hotel in the CBD



Trading Hours

6 days - Mon. - Sat. - 8 a.m. till 9 p.m.



Lease

Current lease expires June, 2020 (New lease should be available) - 4% C.P.I. increases - 6 month bond



Employees

1 Manager - 1 fulltimer - 1-2 Casuals



Comments

Misc.- 1 - Other general expenses.- Misc.- 2 - Silver Chef lease for a new steak grill worth around $6,000 - The managers wage has been removed from the wages and shown in net profit - Great photos available once registered - Outgoings included in rent include gas, water, rubbish etc. - No outdoor seating fee. - The current vendor has no experience in the industry and has spent over $70K on upgrading the cafe/restaurant. A motivated new owner or couple could increase sales and profit - This is a beautiful dining space with an excellent outlook and definitely worth an inspection - Plenty of unrealised potential for a savvy operator to capitalise on in future - Please be discreet.



Agent SBX Code Number: SF1421 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163159
SBX ID: SF1421




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