For Sale $688,000
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 $688,000

Business Details

Espresso Bar - Cafe - Bar - Eastern Suburbs

\nEspresso Bar - Cafe - Bar - Eastern Suburbs - Agent SBX Code Number: T2837

Cafe - espresso bar serving 90 kgs. coffee p.w. with full breakfast and lunch of mainly burgers, sandwiches and light meals. Full commercial kitchen and licenced bar - Very high quality design and construction creating a very modern New York feel cafe. - 80 seats.

Potential
This business has been totally redesigned and rebuilt in possibly the best location in the Eastern Suburbs. - It only has been trading since January 2014 and expected sales should reach over $35,000 per week. - Could suit larger family or partnership.

Features
Stunning new fit out. - Great location. - New lease just signed.

Premises
Brand new fit out with an area of approx. 80 sq.mts. including outside undercover seating.

Location
Great corner location under busiest shopping centre in Eastern suburbs.

Trading Hours
7 days - 6 a.m. - 7 p.m.

Lease
Approx. 5 years from Jan. 2014 3 month

Employees
1 owner + 6 staff + 2 chefs

Comments
Fully computerized cash register/camera surveillance /music system. - Current owner will remain on for 3/4 months to fully train new owner. - Genuine reason for sale. -Great opportunity to purchase very busy espresso bar as vendor is very keen to sell. - This business has been trading for the last 10 years in the same location under a different concept.This is the best cafe in the Eastern Suburbs.

Figures
Weekly Sales $30000
Rent (ex GST) $4900
Wages $8500
Profit $9000

Agent SBX Code Number: T2837 - 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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