For Sale $98,000
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 $98,000

Business Details

Cafe - Bar - Takeaway - City Fringe

\nCafe - Bar - Takeaway - City Fringe - Agent SBX Code Number: SF1019

Cafe - bar serving fresh pasta, panini, unique breakfast, coffee & other Italian specialties- Fully licensed - Seats 23 inside and 17 outside - Equipment includes coffee machine, coffee grinder.

Potential
Could extend trading hours and do more nights. - Catering potential with many blocks of units in the area.

Features
Low rent. Very regular clientele. Known for its friendly service and good food. - Nothing to spend.

Premises
This business has an area of 54 sq mts. inside + courtyard area.

Location
Situated under 550 apartments in an area of increasing population in City fringe.

Trading Hours
5 days - Wed. - Fri. - 8 a.m. - 8 p.m. - Sat. - 8.30 a.m. - 4 p.m. - Sun. - 8. 30 a.m. - 2 p.m.

Lease
Current lease commenced July, 2013 - Expires July, 2016 + 3 year option. CPI, 3 month bond.

Employees
1 owner + 1 full timer + 2 part-timers + 2 casuals

Comments
This business has a good website and uses Instagram and Facebook to promote specials. -Refurbished in Feb. 2016 - All equipment included. (Valued over $50k).

Figures
Weekly Sales $8000
Rent (ex GST) $375
Wages $1600
Profit $2600

Agent SBX Code Number: SF1019 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • 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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