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Cafe - Restaurant - Great opportunity

Business for Sale
Cafe - Restaurant - Great opportunity
NSW

Cafe - Restaurant - Northern Beaches - Agent SBX Code Number: FV1019 Cafe -restaurant which offers a contemporary Australian menu including burgers, fish and chips, calamari, duck,...

Price $600,000.00

Cafe - Restaurant - Great opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Cafe - Restaurant - Northern Beaches - Agent SBX Code Number: FV1019



Cafe -restaurant which offers a contemporary Australian menu including burgers, fish and chips, calamari, duck, ribeye, red curry. vegetarian and gluten free options are also offered. - The business also does large functions, including weddings. - The kitchen is well equipped and includes a large walk in fridge, 9 benchtop fridges, 3 large benchtop deep freezers, a 10 burner stove, 4 basket deep fryer, 4 burner salamander chargrill and a coffee machine - they use Campos coffee. - Licenced. - There is a website and Facebook presence. - 140 seats inside - 50 seats outside.



Potential

Could offer a full breakfast menu - Trade 7 days.- Trade for 12 months of the year.



Features

Good rent - Fantastic beach location- No noise restrictions - Well known.



Premises

Business has a large area of 200 sq. mts. with 360 degree bifold doors opening onto park plus a separate kiosk area.



Location

Council owned park on the Northern Beaches close to the beach.



Trading Hours

6 days - Tues. to Sun. - Kiosk - 8.00 a.m. to 3 p.m. - Restaurant - 12 - 2.30 p.m. and Fri. - Sat. 6 - 9 p.m.



Lease

5 year lease commenced May 2016 + an option to renew for another 5 years in 2021. - Increases are C.P.I. - 2 month bond.



Employees

2 owners. + 10 casuals in winter - 20 casuals in summer



Comments

The turnover and wages shown are an average for the year. - The owners only trade for 11 months ( 1 month holiday).The business is highly seasonal with turnover in the summer holidays topping $90k per week. - Miscell. 1 - GST - Miscell. 2 - Admin plus repairs and maintenance. - Council is landlord and prefers an owner operator with experience. - A must to inspect.



Agent SBX Code Number: FV1019 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163255
SBX ID: FV1019




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