For Sale $199,850
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 $199,850

Business Details

Foyer Cafe - Espresso Bar - Takeaway - Lower North Shore

\nFoyer Cafe - Espresso Bar - Takeaway - Lower North Shore - Agent SBX Code Number: F3015

Lobby espresso bar offering a full menu with no limitations. - Sells coffee, sandwiches, pastas, risottos, burgers and other lunch specials. - All the equipment is in good condition. - Full kitchen. - 50 seats.Sells 30 kilos of coffee per week.

Potential
There is potential to increase catering and to entice more customers from outside the building. - Also to obtain a liquor license.- Needs a hands on owner operator.

Features
Immaculately presented lobby. - Cheap rent for such a location. - Long lease. -Currently run under full management.

Premises
Well maintained lobby espresso bar with a I a great presence in the foyer and from the street.

Location
Situated under a large 24 floor highrise in the heart of the Lower North Shore CBD,

Trading Hours
5 days - Mon. - Fri. - 630 a.m. - 4 .30 p.m

Lease
Current lease has been extended to 2021. 4 percent annual rental increases 4 month bond

Employees
4 employees .Profit shown is for two owners working full time.Currently the business is run under full management with wages $3200 pw.

Figures
Weekly Sales $10000
Rent (ex GST) $1300
Wages $1200
Profit $2900

Agent SBX Code Number: F3015 - 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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