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 - Bar - Restaurant - City Fringe

\nCafe - Bar - Restaurant - City Fringe - Agent SBX Code Number: SF1281

Cafe - bar - restaurant - Cafe by day and bar / restaurant by night. - Serving seasonal produce and fushion food including full breakfast, steaks, burgers, curry, pasta, salads and desserts - Full kitchen - Fully licensed with a good selection of wine, spirits and cocktails - Air Conditioned - CCTV - 32 seats inside and 20 seats in the laneway

Potential
Increase coffee sales - Provide live music (STA)

Features
Good local clientele - Brand new bar and renovated kitchen - Easy to run - Lots of nearby developments - Lively location with high foot traffic - Good social media presence.

Premises
Visually appealing small cafe / bar with eclectic vibe in a popular food and entertainment district with an area of 90 sq. mts.

Location
Situated in busy laneway surrounded by other retail, cafes, hotels and high density residential in City Fringe and close to train station.

Trading Hours
7 days - Mon. - Sun. - 8 a.m. till 10.30 p.m.

Lease
Current lease expires Nov 2018 + 2 + 2 year options - C.P.I. increases - 3 month bond

Employees
2 owners + 1 fulltimer + 2 parttimers + 3 casuals

Comments
Misc. 1 - Other general expenses. - Summer sales increase to over $18K per week. - 2 owner operators weekly wages are shown in profit. - There are many new residential apartments and studio accommodation being built and the area is becoming a popular cafe and dining precinct.

Figures
Weekly Sales $14100
Rent (ex GST) $1730
Wages $3400
Profit $3540

Agent SBX Code Number: SF1281 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
  • Expenses: $6310
  • Business Selling Price: $168000
  • Trading Hours: 7 days - Mon. - Sun. - 8 a.m. till 10.30 p.m.
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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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