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Cafe - University - Bar - Restaurant - Prime location -...

Business for Sale
Cafe - University - Bar - Restaurant - Prime location - Cafe - Sales $40,000 pw - 5 days only - Profit $9,840 pw
Ultimo NSW

Cafe - University - Bar - Restaurant - Sydney City Fringe - Agent SBX Code Number: FX1083GNG Caf/restaurant/bar plus separate foyer kiosk in the same building. Serving 25+ kgs of coffee week...

Price $680,000.00

Cafe - University - Bar - Restaurant - Prime location - Cafe - Sales $40,000 pw - 5 days only - Profit $9,840 pw

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Cafe - University - Bar - Restaurant - Sydney City Fringe - Agent SBX Code Number: FX1083GNG

Caf/restaurant/bar plus separate foyer kiosk in the same building. Serving 25+ kgs of coffee weekly. Specialising in gourmet breakfast, lunch, and dinner with vegetarian, meat, and seafood dishes including vegan and glutenfree. Bar serves selected craft/international beers and wine. Provides catering for surrounding offices and university functions (weekly average $10,000). Seating for 80 inside and 40 outside. Kiosk customers are mainly students and office workers. Main caf customers are graduate students, special function attendees, regulars for evening drinks, and bookings for dinner

Potential

Exploit 4.9 social media ratings to attract more customers. Direct market to local businesses to increase catering

Features

Nothing to spend. Well established. Proven formula. Stable, growing sales. Regular customers

Premises

Custom facilities including purpose-built kitchen and quality fit-out and furniture. Main caf with indoor & outdoor seating. Foyer caf with indoor seating. Cool room. 250 sqm total

Location

Two prime locations in university building in Sydney fringe. High pedestrian traffic

Trading Hours

Mon - Fri 7am to 6pm. Permitted Mon - Sun till 10pm. Building closed 24 Dec 2 Jan

Lease

5 + 5 year lease commenced Mar-15, ends Feb-25. Rent is 10% of sales excluding catering. No annual adjustment or market review. Bond $30K.

Employees

1 owner + 6 fulltimers + 10 casuals.

Comments

Car space for unloading/loading food/catering

Agent SBX Code Number: FX1083GNG - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 256459
SBX ID: FX1083GNG




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