For Sale $330,000
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 $330,000

Business Details

Cafe - Takeaway - Lower North Shore



Cafe - Takeaway - Lower North Shore - Agent SBX Code Number: FS1021

Cafe serving breakfast and lunch. - Serves simple menu of sandwiches, burgers, salads, pasta, chips, home made gelato, 20 kgs coffee p.w. etc. - Well equipped kitchen includes ice- cream making machine, oven, cool-room. - 30 seats inside - 13 seats outside.

Potential
Could open late to serve gelato and coffee. - Would suit full-time operator.

Features
Prime location - Well established - Regular local customers - Easy operation.

Premises
This business has an area of 70 sq.mts.

Location
Situated on busy main street in Lower North Shore location surrounded by cafes and restaurants.

Trading Hours
7 days - Mon. - Sun. - 730 a.m. - 500 p.m.

Lease
Current lease expires on June 2017. - C.P.I. increases. -3 months bond- Landlord will grant a new lease to new operator.

Employees
One owner + 5 casuals

Comments
Good profit margin on gelato which is now about 30% of turnover. - The owner works only 20 hours per week. - Good potential to increase sales when nearby apartment construction is finished. - Full support and training provided.

Figures
Weekly Sales $9000
Rent (ex GST) $2030
Wages $2150
Profit $2100

Agent SBX Code Number: FS1021 - 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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