XKR1030 - Cafe Restaurant in shopping mall - No competition - Licensed
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
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.
One separate area can run as a restaurant with a ready kitchen or can be rented out to save rent.
7 days - Mon. - 6 a.m. - 3 p.m, - Tues. - Sun. - 6 a.m. - 3 p.m. - 5 p.m. - 9 p.m.
Current 5 + 5 + 5 year lease commerced Feb. 2017 - 3.5 % increases annually - $22,000 bond
1 owner (only work 24 hours p.w.) + 2 full timers + 4 part timers + 5 casuals
The rent includes outgoings, gas, and water fee. - Great business in a great location without competition. - Rare find. - Great investment opportunity.
Rent $2,418 +GST
Nett Profit $4,521
Stock (extra) $15,000