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XKR1030 - Cafe Restaurant in shopping mall - No competi...

Business for Sale
NSW

Overview Cafe in inner west shopping mall serving Italian style cuisine including a refined and tasty breakfast and lunch, pizza, burger - Currently selling 30 kgs. of Campos coffee p.w. It is the onl

Price $388,000

XKR1030 - Cafe Restaurant in shopping mall - No competition - Licensed

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Overview
Cafe in inner west shopping mall serving Italian style cuisine including a refined and tasty breakfast and lunch, pizza, burger - Currently selling 30 kgs. of Campos coffee p.w. It is the only cafe allowed in this mall. That means no competition. Lots of advantages - Top-class presentation which offers an elegant and friendly dining experience. Warm and inviting cafe with an area of approx. 146 m2 plus 122 m2 outside the seating area. - 60 comfortable seats inside and 60 outside - Full commercial kitchen- High reviews online  - Liquor licensed - Long lease - Low rent, only  $2,418 +GST per week. Includes outgoings, gas, and water fee. Due to a new baby born, the vendor has no time to manages this lovely business. Has to sell.

Potential

One separate area can run as a restaurant with a ready kitchen or can be rented out to save rent.

Trading Hours

7 days - Mon. - 6 a.m. - 3 p.m, - Tues. - Sun. - 6 a.m. - 3 p.m. - 5 p.m. - 9 p.m.

Lease

Current 5 + 5 + 5 year lease commerced Feb. 2017 - 3.5 % increases annually - $22,000 bond

Employees

1 owner (only work 24 hours p.w.) + 2 full timers + 4 part timers + 5 casuals

Comments

The rent includes outgoings, gas, and water fee. - Great business in a great location without competition. - Rare find. - Great investment opportunity.

Weekly figures 
Sales $20,000
Cost $5,500
Rent $2,418 +GST 
Wages $7,000
Nett Profit $4,521
Stock (extra) $15,000

Contact Seller

Contact: Frank Xiao
Phone: 0433139963
Mobile: 0433139963

Bsale ID: 265201
Agent ID: 3304341




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