For Sale $599,000
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 $599,000

Business Details

Cafe - Bar - Restaurant - Under Management - Eastern Suburbs

Cafe - Bar - Restaurant - Under Management - Eastern Suburbs - Agent SBX Code Number: TM1417 Cafe - Bar - Restaurant frequented heavily by locals year round and well known throughout the Eastern suburbs. - The perfect spot for a coffee, drink, cocktail, or a casual meal. - It sells 24 kgs. of coffee per week. - The breakfast, lunch and dinner menu are concise and focus on fresh, sustainably sourced produce from multiple regions. - It is fully licensed. - 70 seats outside - 20 seats inside. Potential Perfect for an owner operator to grow both sales and profitability. - The current owner devotes very little time to this business. - Opportunity to promote the catering side of this business which has just launched. Features Under management - Iconic business - Huge sales - Perfect location - Long lease - Great value Premises This business has an area of 160 sq.mts. including storage and basement. Location Sunny corner location on the way to one of Sydneys most famous beaches. Trading Hours 7 days - 7 a.m. - 11 p.m. Lease Current lease expires 14 Sept. 2017 with 5 + 5 + 5 options . Employees Run under full management. - 2 Managers + 3 full timers + 10 casuals. Comments Has over 10,000 facebook followers and a strong marketing presence. - Miscell. expenses incl. $140 council seating fees and $100 accounting fees. - Excellent records kept by the vendor. - This is a must inspect. - Under full management this is a great buy and will not last long. Figures Weekly Sales $40000 Rent (ex GST) $3510 Wages $12500 Profit $5000
Agent SBX Code Number: TM1417 - 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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