For Sale $150,000
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 $150,000

Business Details

Cafe - Restaurant - South

\nCafe - Restaurant - South - Agent SBX Code Number: GJ1288

Cafe - restaurant offering an extensive range of food from espresso to full meals quality cake selection top of the range selection of coffees. -Full kitchen, walk in coolroom and walk in freezer, exhaust, grease trap, - This is the only cafe of its type in the shopping centre and is a destination of choice for discerning shoppers. - 145 seats.

Potential
Could add wine and alcohol as it is often requested. - Reduce wages by owner operation and streamlining shifts.

Features
Discrete upmarket ambiance. - Successfully trading for 16 years in the same location.- Long standing loyal clientele.

Premises
This business has an area of 200 sq. mts. with an upmarket fit out and split level eating area.

Location
Top location amidst major retailers in large shopping centre in Southern suburbs of Sydney with high foot traffic.

Trading Hours
7 days - Shopping centre hours.

Lease
Current lease expires September 2015. - New 5 year lease currently in negotiation. - Opportunity to reduce floor space & rent if required.

Employees
1 full-time owner + 2 full-time chefs + series of casuals

Comments
Currently run under management. - Management is paid $168K per annum and this can be reduced by owner operators.

Figures
Weekly Sales $26317
Rent (ex GST) $9230
Wages $3419
Profit $7219

Agent SBX Code Number: GJ1288 - 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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