For Sale $299,000
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 $299,000

Business Details

Cafe - Espresso - Bar - Lobby - City

Cafe - Espresso - Bar - Lobby - City - Agent SBX Code Number: M1571 Modern and large foyer cafe selling 25 kgs of coffee. Has sandwich bar, salad bar, hot food bar, seafood bar and wine bar. Full commercial kitchen. Liquor license. 350 seats. Potential Great potential for corporate and private functions and parties. New high rise office building will be constructed opposite the cafe in 2015. Could open for dinner. Option to reopen as an Asian restaurant. Features One of the largest foyer cafes in the City. Very long lease. Fabulous fitout. Premises Very upmarket cafe with 400 sq. mts. including large size kitchen, store room. Location Double street front location under office building in C.B.D. Trading Hours 5 days - 630 a.m. - 500 p.m. Lease 5 years commenced 2014 - 2% increasing with every second year Employees 1 owner + 10 staff Comments The business set up cost was $1.2 million. The turnover reached $35000 per week when the surrounding office buildings were fully occupied. The rent includes outgoings, water and rubbish removal. Inspection by appointment. Figures Weekly Sales $18000 Rent (ex GST) $3800 Wages $4000 Profit $4315
Agent SBX Code Number: M1571 - 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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