For Sale $320,000
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 $320,000

Business Details

Cafe - Restaurant - Australian Cuisine - Northern Beaches

\nCafe - Restaurant - Australian Cuisine - Northern Beaches - Agent SBX Code Number: FS1020

Cafe - restaurant serving full breakfast and lunch.- Dinner is also served on Saturday. - It offers contemporary Australian cuisine and features seasonal menus. - Warm friendly staff and ambiance. - 75 seats inside - 105 seats outside balcony with cover and overlooking childrens playground. - Full sized commercial kitchen with walk in cool-room, 3 freezers, and storeroom - 20 kgs. coffee used weekly. - Fully licensed.

Potential
Could open more nights. - Promote for private functions.

Features
Good location - Regular clientele - Well established.

Premises
This business has an area of 395 sq. mts. with covered verandah.

Location
Situated in Northern Beaches area of Sydney.

Trading Hours
7 days - Mon. - Sun. - 800 a.m. - 500 p.m. - Sat. - 800 a.m.- 500 p.m. & 600 p.m.- 1000 p.m.

Lease
Current lease expires Sept. 2018 + 3 years option - 4 % rate increase in rent - 3 months bond required.

Employees
One owner + 5 fulltimers + 5 casuals

Comments
Miscell. 1- PAYG - Miscell. 2- Superannuation - Most of the equipment is owned by vendor except the coffee machine which belongs to the coffee company. - All figures can be verified. - A must to inspect.

Figures
Weekly Sales $22000
Rent (ex GST) $2182
Wages $5424
Profit $6000

Agent SBX Code Number: FS1020 - 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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