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Funky Cafe/Espresso Bar in Trendy City Fringe Suburb

Business for Sale
Redfern NSW

Business Headline : Funky Cafe/Espresso Bar in Trendy City Fringe Suburb Price : $498,000 Category : Food/Hospitality, Cafe/Coffee Shop,

Price $498,000

Funky Cafe/Espresso Bar in Trendy City Fringe Suburb

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

Business Headline : Funky Cafe/Espresso Bar in Trendy City Fringe Suburb

Price : $498,000

Category : Food/Hospitality, Cafe/Coffee Shop, Alcohol/Liquor, Takeaway Food

Brand new fit out for this modern Cafe in a main street location in trendy City fringe. This new business is still in a growth phase. Obvious investment in surrounding new residential developments will bring even more customers in the future.

Key Features:

  • Indoor (28) and outdoor (12) seating
  • Modern Industrial look fit out
  • Simple, trendy menu options, with upsell opportunities
  • Long lease
  • Under semi-management - owner supervises 5 days
  • Open 7 days a week, 7am to 3.30pm trading
  • Sales exceeding 40kg coffee p/w

Opportunities:

  • Activate approved liquor licence
  • Trade selected evenings
  • Increase catering business

Run under semi-mangement, this funky Cafe could be run by an owner operator, or under full management - you decide how many hours you want to work!

Don\'t hesitate, you need to inspect this Cafe before it is sold. Enquire Now!

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4111560#enquire-now

Annual Rent : $65,000 - Weekly Rent : $1,250

Annual Turnover : $1,040,000 - Weekly Turnover : $20,000

Annual Gross Profit : $707,200 - Weekly Gross Profit : $13,600

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

Premise : Leased

Lease Commencement : May 2017

Lease End : May 2025

Lease Option: 7 years

Current Outgoings pa: $18,200

Franchise : No

Approximate Stock Value : $5,000

Year Established : 2017

Days Trading : 7

Staff : 2 Full Time - 5 Casual

Staff Salaries : $260,000

Reason for Sale : Owner has other business interests

Location : Busy Street, Sydney City Fringe

Business Potential : Activate liquor licence, trade selected evenings

Contact Seller

Contact: Bruce Irvine
Mobile: 0420 316 168

Bsale ID: 170447
Agent ID: 4111560




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