For Sale $895,000
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 $895,000

Business Details

Cafe - Takeaway - City

Cafe - Takeaway - City - Agent SBX Code Number: SD1021 Prestigious C.B.D cafe with full kitchen including grease trap and coolroom. Alfresco outdoor dining area for smoking customers. Operates as cafe / takeaway during the day and recently has started trading as a wine bar on Thursday and Friday nights until 8.30pm. It is anticipated that the wine bar trade when mature will push turnover to $33-$35k. Potential To do more functions. Wine bar trade not yet mature. Open an espresso outlet in the building foyer. Features High profile. 75 kgs. coffee per week. No restrictions on menu. Fully licenced. Nothing to spend. Premises Recently refurbished with an area of 290 sq.mts and licensed for 150 seats Location Prime street front location in C.B.D financial district Trading Hours 5 days - Mon. - Wed.- 7 a.m - 5 p.m. - Thurs. - Fri. - 7 a.m - 8.30 p.m Lease Current lease expires 2021. Employees 2 owners + 2 chefs + 1 kitchen hand + 7 casuals Comments Original fitout cost over $750,000. Rare opportunity to acquire due to owners retirement. Figures Weekly Sales $30000 Rent (ex GST) $4000 Wages $6300 Profit $6000
Agent SBX Code Number: SD1021 - 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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