For Sale $148,000
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 $148,000

Business Details

Cafe - Restaurant - French - Austrian Cuisine - City Fringe



Cafe - Restaurant - French - Austrian Cuisine - City Fringe - Agent SBX Code Number: ST1001SF

Restaurant serving French and Austrian cuisine and seating a total of 50 with 3 dining areas including front veranda, enclosed main room and a private courtyard. - Beer on tap with a selection of boutique Austrian and German beers. - Fully equipped kitchen with quality appliances.

Potential
To increase sales you could introduce a breakfast menu as there is a strong demand in the area. Would suit any cuisine . - Promote coffee. - Home Delivery.

Features
Cosy and comfortable restaurant with a relaxed ambiance. - Strong wine list with beer on tap. - Great location. - Nothing to Spend.

Premises
Rustic European with French and Austrian influences. - 150sqmts. - Terrace Style.

Location
Situated on a main busy road in a well known eat street location.

Trading Hours
7 days - Mon. - Wed. - 3 p.m. - 9 p.m. - Thurs. - Fri. - 10 a.m. - 10 p.m. - Sat. - Sun. - 9 a.m. - 10 p.m.

Lease
Feb 13 - Feb 16 + 3 + 3, CPI, Expires Feb 2024.

Employees
2 owners + 1 full-timer + 3 casuals

Comments
Busy established restaurant in a busy eat street location. - There are a number of well known establishments in the area.-The entry has a small verandah with tables and the rear of the restaurant has a courtyard and offers a second entry point from another street . Two owners work in the business taking $1,000 each in wages. This $2,000 has been removed from wages and shown in net profit.

Figures
Weekly Sales $14000
Rent (ex GST) $2000
Wages $2000
Profit $6620

Agent SBX Code Number: ST1001SF - 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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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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