For Sale $99,000
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 $99,000

Business Details

Cafe - Restaurant - Lower North Shore

Cafe - Restaurant - Lower North Shore - Agent SBX Code Number: GJ1277GN Cafe - restaurant serving modern Australian cuisine and continental dishes. - Also features a wine bar and specialises in Australian and New Zealand wines which are highly regarded by the clientele. - Fabulous outdoor dining area on covered deck overlooking gardens, plus large indoor seating as well. - Can easily accommodate functions of any kind. - Full kitchen, walk in coolroom, greasetrap. - 40 seats outside - 56 seats inside. Potential Promote more bistro/easy prep style meals with prices to match. - Improve catering and function bookings. Features Short hours. - Brilliant facilities. - Fully licensed. - Outdoor seating comes with heating for winter. Premises This business has an area of 300 sq. mts. Location Upmarket lower North Shore residential area. Trading Hours 6 days - Tues. - Fri. - 11 a.m. - 3 p.m.- 6 p.m. - 9 p.m. -Sat.- 8.30 a.m. - 3 p.m. - 6 p.m.- 9 p.m,. -Sun. 8.30 a.m. - 3 p.m. Lease Vendor is the landlord - lease to suit. Employees 2 fulltime owner operators (1 is chef) + casuals as required Comments Vendor is landlord and is seeking an experienced operator. - Wine stock $3K - food stock $2K. - Upstairs features an extra storeroom and potential to expand the kitchen if desired. Average spend per head $50-60. - All figures above include G.S.T - Current vendors work short hours but huge opportunity to transform to a trendy eatery of a more casual style - access to 60 seat function centre adjacent to this restaurant when required. Figures Weekly Sales $9000 Rent (ex GST) $1950 Wages $300 Profit $3271
Agent SBX Code Number: GJ1277GN - 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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