For Sale $99,000
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 $99,000

Business Details

Cafe - Espresso Bar - Takeaway - City Fringe

\nCafe - Espresso Bar - Takeaway - City Fringe - Agent SBX Code Number: G1546

Cafe - espresso bar & takeaway serving 10 kgs. of coffee p.w. & offering full breakfast and light modern Australian lunch such as sandwiches, burgers, pastas, salads & soups. - 4 seats outside - 20 seats inside - Full commercial kitchen. Licensed.

Potential
Huge potential for two owner operators. - Could open 7 days. - Extend trading hours for dinner. - Could increase catering with the local offices. - Close to Uni Student accommodation.

Features
Well established business. - Regular customers. - Good reputation. - Low rent. - Long Lease. - Easy operation. - Good passing trade.

Premises
This business has an area of approx. 80 sq. mts. and is in good condition.

Location
Well situated on a busy corner in a trendy City Fringe location surrounded by offices.

Trading Hours
6 days - Mon. - Fri. - 730 a.m. - 300 p.m. - Closed Saturdays. - Sun. - 730 a.m. - 300 p.m.

Lease
4 year lease + 4 year option (commenced 2014)

Employees
1 owner + 2 fulltimers + 1 parttimer

Comments
Lots of new developing apartments nearby which should result in the business takings increasing substantially. - A great buy. - Owner wants to sell ASAP and will include stock in the selling price.

Figures
Weekly Sales $7500
Rent (ex GST) $981
Wages $2690
Profit $1719

Agent SBX Code Number: G1546 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • 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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