Cafe - Restaurant - Under Management - Profitable
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Cafe - Restaurant - Under Management - South Sydney - Agent SBX Code Number: SFH1008A
Cafe - Restaurant currently serving breakfast, lunch - Menu includes sandwiches, wraps, salads, smoothies, shakes, acai, juices and cold drinks etc.- Takeaway and option to pre-order meals is available - Fully equipped kitchen with cool-room, storage and toilet. - 61 seats - 2 bedroom apartment upstairs included on the lease, currently rented out - Covered courtyard area rented out after operating hours (Thurs.- Sun. from 7 p.m. - 11 p.m.) for $700 p.w. using a separate entrance.
Could add to menu. - Could extend operating hours for dinner. - Adding delivery services for Ubereats and Menulog. - Owner operator or couple could increase sales and reduce wages.
Low share of rent. - Great location - High foot traffic - Modern fit out - Very appealing display counter.
This business has an area of 88 sq.mts.
Situated on busy cafe and restaurant street in South Sydney area surrounded by commercial and residential buildings.
7 days - Mon. - Fri. - 6 a.m. - 6 p.m. - Sat. - Sun. - 7 a.m. - 6 p.m.
Current lease expires April 2020 + 5 years option - 5% annual rent increases - 3 months bond
1 fulltimer + 4 part-timers - Run under management.
Misc.- 1 - Other general expenses and GST - Rent is $1291 p.w. (excl. GST) - Shisha Bar operating from the courtyard contributes $700 p.w. towards rent and 2 bedroom apartment upstairs $200 p.w., reducing business owners share of rent to $391 p.w. - A must to inspect
Agent SBX Code Number: SFH1008A - Sydney Business Exchange