For Sale $278,000
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 $278,000

Business Details

Cafe - Lower North Shore

Cafe - Lower North Shore - Agent SBX Code Number: F2950 Cafe - takeaway serving a light cafe style meals together with sandwiches, salads and great coffee. - Full open kitchen - 30 seats outside - 54 seats inside. - Three seating areas for couples, families and singles. - First time on the market this cafe business is a must to inspect.They use 38 to 40 kilos of coffee per week. Very steady, reliable, - stable business. - A new enthusiastic owner could definitely improve the sales with new ideas . Potential A new keen purchaser could possibly revamp the existing menu by adding a few more modern style dishes. - Promote more catering to businesses within the local area. Features Iconic cafe for the local residents. - Well established. - Good profit margins. Premises Large spacious premises with an area of 184 sq. mts. and rear access for two off street car spaces. Location Prime street front location with great exposure to both local residents and casual diners. Trading Hours 7 days - Mon. - Fri. - 7 a.m. - 4 p.m. - Sat. - Sun. - 7 a.m. - 3 .p.m. Lease 4 years to go with the current rent $68000 p.a plus outgoings under an assignment of the current lease or a new 5 year lease + 5 year option $89950 p.a plus outgoings- 3 month bond - C.P.I. annual rental increases. Employees One owner works five days plus one fulltime cook and one part time cook ,one barista and other casual waiting staff. Comments Figures Weekly Sales $19000 Rent (ex GST) $1730 Wages $4200 Profit $3500
Agent SBX Code Number: F2950 - 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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