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Cafe Restaurant

Business for Sale
cafe restaurant
Hornsby NSW

CAFÉ/RESTAURANT IN BUSY SUBURBAN SHOPPING PRECINCT ON UPPER NORTH SHORE

Sold

Cafe restaurant

Stock Included: No
Stock Value: 5000
Years Est: 20
Gross Revenue: 885000

 

CAFÉ/RESTAURANT IN BUSY SUBURBAN SHOPPING PRECINCT ON UPPER NORTH SHORE

 

This is a terrific suburban café and restaurant. It is only 3 years old and very well-designed for the professional operator; it is fashionably comfortable from the customer’s perspective with plenty of good parking, easy access and an appealing menu.

 

The café has a large and extremely well equipped kitchen – which could allow for additional catering activity. It has simple controls and procedures and a new operator could commence business immediately (with nothing to spend). This is a wonderful opportunity for a professional to fill the void created when some local highly respected restaurants closed. It is well located – near the local Rail Station and a short walk from a Public car-park – enjoys good visibility and signage with great passing foot and car traffic in an extremely high income demographic and desirable suburb.

 

Lease: Commenced September 2013 with 4 x 3 year options; CPI increases; Rent: $100,000 + GST

 

Seats: 110 - 80 inside with an additional 30 guests outside.

 

Licensed: 10.00 am to 10.30 pm.

 

Operating hours: Currently closed Sunday and Monday- potential opportunity

 

This is a very profitable business and a due diligence will confirm profit of $220,000 to the owner.

 

 

 

FINANCIAL SUMMARY:

 

Sales: $1.2 Million per annum

 

Gross Margin: 70%

 

EBIT: $220,000 to owner/operator

 

ASKING PRICE: $295,000 + SAV

 

For more information please contact:

 

Roy Levy on 94132977 or email to roy@corebb.com.au

 

Web: www.corebb.com.au

 

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