For Sale $275,000
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 $275,000

Business Details

Cafe - Espresso Bar - Takeaway - Under Management - Inner West

\nCafe - Espresso Bar - Takeaway - Under Management - Inner West - Agent SBX Code Number: S1865J

Cafe - espresso bar currently serving 30 kgs.coffee p.w. and has a simple breakfast / lunch menu. - 30 seats outside - 15 seats inside. - Owner spent over $350,000 on fitout. - Currently being run under management.

Potential
Could convert to a wine bar at night or trade evenings. - An owner operator with a vision will reap benefits.

Features
Easy operation. Nothing to spend. - Stunning fit out with no expense spared.

Premises
This business has an area of 100 sq. mts. with large storage area.

Location
Brilliant corner location on street surrounded by offices and residential with lots of new construction surrounding cafe.

Trading Hours
7 days - 7 a.m. - 4 p.m.

Lease
5 + 5 + 5 year lease commenced June, 2013. - 5% annual increases - 3 month bank guarantee.

Employees
1 owner (works Mon. & Tues. only) + cook + barista + staff

Comments
Business is currently providing the owner with $2197 per week - The Manager/barista is being paid $900 per week. -This wage has been added back to reflect an owner operator. Great opportunity! Dont miss out!

Figures
Weekly Sales $11683
Rent (ex GST) $788
Wages $2536
Profit $3097

Agent SBX Code Number: S1865J - 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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Enquire

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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