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Cafe - Restaurant - Under Management - Profitable

Business for Sale
Cafe - Restaurant - Under Management - Profitable
NSW

Cafe - Restaurant - Under Management - South Sydney - Agent SBX Code Number: SFH1008A Cafe - Restaurant currently serving breakfast, lunch - Menu includes sandwiches, wraps, salads, smoothies,...

Price $258,000.00

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.

Potential

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.

Features

Low share of rent. - Great location - High foot traffic - Modern fit out - Very appealing display counter.

Premises

This business has an area of 88 sq.mts.

Location

Situated on busy cafe and restaurant street in South Sydney area surrounded by commercial and residential buildings.

Trading Hours

7 days - Mon. - Fri. - 6 a.m. - 6 p.m. - Sat. - Sun. - 7 a.m. - 6 p.m.

Lease

Current lease expires April 2020 + 5 years option - 5% annual rent increases - 3 months bond

Employees

1 fulltimer + 4 part-timers - Run under management.

Comments

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

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 203889
SBX ID: SFH1008A




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