For Sale $149,000
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 $149,000

Business Details

Cafe - Restaurant - Wine Bar - City Fringe

Cafe - Restaurant - Wine Bar - City Fringe - Agent SBX Code Number: TM1396 Restaurant with a liquor licence which is also a cafe on Saturday. - It is a small, friendly, casual restaurant which is loved by locals and well known around the greater area. - The menu focus is on quality, rustic food which changes seasonally. - 26 seats Potential Could add drink only liquor licence which is very easy to get from council. - once this is done seating capacity could increase from 26 - 40 which will have a huge impact on sales. - Has achieved weekly sales of $21k+ at its peak. - Ideal for an owner chef who could save on wages and open more for breakfast and lunch. Features High quality. Stylish fitout. Huge potential. Easy to run. Premises Light filled, tastefully decorated with high quality equipment and an area of 40 sq.mts. Location Situated in high density location in City fringe suburb known for its trendy bars and eateries. Trading Hours 5 nights - Tues. - Sat. - 5 p.m. - 930 p.m. +8 a.m. - 3 p.m. Sat. Lease 5 + 5 year lease commenced November 2010 Employees Under full management - 2 fulltimers + 5 casuals Comments Profit and wages have been adjusted for an owner manager/chef. Figures Weekly Sales $10000 Rent (ex GST) $999 Wages $2210 Profit $2700
Agent SBX Code Number: TM1396 - 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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