For Sale $168,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $168,000

Business Details

Cafe - Restaurant - Lower North Shore

\nCafe - Restaurant - Lower North Shore - Agent SBX Code Number: GA1027

Cafe -restaurant serving breakfast, lunch and dinner, both Australian and Asian cuisine - Relaxed dining environment with 77 seats. - Full commercial kitchen, bar

Potential
Works well under the current concept, but would suit any cuisine - A family could save a lot on wages. - Currently missing out on a lot of breakfast trade by opening at 9.30 and 10.30am. - Could focus more on coffee trade as currently only doing 1.5 kgs p.w. Could do some marketing and social media.

Features
Well established. - Great location. - Regular clientele. - Very little competition in the area. - Very reasonable rent. - Low operating costs. - Fully licensed.

Premises
Glass street frontage with an area of 115 sq. mts. with open plan seating and toilets at the rear plus 20 square metre lockable storage area.

Location
Situated in the heart of a popular Lower North Shore shopping strip and eat street.

Trading Hours
6 days - Tues. to Fri. - 10.30 a.m. to 9.30 p.m.- Sat. and Sun. - 9.30 a.m. to 9.30 p.m.

Lease
5 + 5 year lease commenced Aug., 2011 - 4% increases p.a.

Employees
1 owner + 1 full timer + 2 casuals

Comments
This is a great little suburban business which is currently geared more towards the restaurant market, but could quite easily be aimed towards the espresso and cafe market without too much effort. - Please note that wages are based on 1 owner working full time. -Telephone includes internet. - Misc. 1 is GST. Misc. - 2 is bank fees and charges.

Figures
Weekly Sales $6500
Rent (ex GST) $1091
Wages $1150
Profit $2162

Agent SBX Code Number: GA1027 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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