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Iconic Cafe - Northern Beach, Long lease, Well Establis...

Business for Sale
DEE WHY NSW

Business Headline : Iconic Cafe - Northern Beach, Long lease, Well Established. Price : $249,000 Category : Food/Hospitality, Cafe/Coffee Shop, Restaurant, Takeaway Food Iconic Beach front Cafe / R

Price $249,000

Iconic Cafe - Northern Beach, Long lease, Well Established.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Business Headline : Iconic Cafe - Northern Beach, Long lease, Well Established.

Price : $249,000

Category : Food/Hospitality, Cafe/Coffee Shop, Restaurant, Takeaway Food

Iconic Beach front Cafe / Restaurant

Well established for 20 years

9.5 years lease remaining 

This cafe/restaurant has been in the area for almost 20 years and has been the most popular place.

Well known area and well known branded name. Currently running under semi-management style.

Full potential for investors to run under management or experienced operator to step up to the next level by making upgrades.

Opens for breakfast/lunch/dinner.

FEATURES:

- Local icon
- Favourite place for locals & visitors
- Long lease of 9.5 years left
- Full commercial kitchen to serve any types of cuisine
- Fully licensed

Location:

- Prime location with beach front in Northern Beaches
- 40 seatings outside & 50 seatings inside

Potential:

- Increase marketing on social media to attract more customers
- Change of current menu to attract attention
- Owner operate to save wages and increase customer service level

Start making money from day 1 or increase profit by taking it to the next level.



To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4842963#enquire-now

Annual Rent : $275,000 - Weekly Rent : $5,288

Annual Turnover : $1,352,000 - Weekly Turnover : $26,000

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : $122,876 - Weekly Ebit : $2,363

Premise : Leased

Lease Commencement : Oct 2018

Lease End : Oct 2023

Lease Option: 5 years

Total Floor Area : 200 Square Metres

Franchise : No

Approximate Stock Value : $15,000

Year Purchased : 2017

Year Established : 2000

Days Trading : 7

Staff : 4 Full Time - 13 Casual

Staff Salaries : $442,000

Reason for Sale : Personal reason

Location : Northern beach

Business Potential : Social Media, Menu Upgrade, Marketing

Parking Comments : car - Plenty of street parking

Contact Seller

Contact: Jun Chung
Mobile: 0420887882

Bsale ID: 220066
Agent ID: 4842963




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