For Sale $198,000
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 $198,000

Business Details

Cafe - Restaurant - Takeaway - City Fringe

\nCafe - Restaurant - Takeaway - City Fringe - Agent SBX Code Number: SF1155

Cafe - restaurant selling 25 kgs. coffee p.w. - Open for breakfast, lunch and as a French restaurant at dinner - Specialising in organic produce and currently serving traditional and modern French cuisine - Full kitchen - Fully licensed. - 30 seats inside - 4 seats outside.

Potential
Increase lunch + coffee side of the business - Increase catering and takeaway - Advertising and marketing - Can suit any cuisine.

Features
Long lease - Great rent - Good social media - Local favourite.

Premises
Well presented main room with an area of 150 sq. mts. including separate washing up area, storeroom and garage.

Location
Busy Inner City suburb on main road densely populated with lots of residential and commercial.

Trading Hours
6 days - Tues.- Wed. -Thurs. -Sun. - 700 a.m. - 900 p.m. - Fri. -Sat. - 700 a.m. - 1000 p.m. -closed Monday.

Lease
Current lease expires Sept. 2016 + 3 + 3 - 3% increases, - 3 month bond.

Employees
2 owners + 2 full-timers + 3 part-timers.

Comments
Miscell. 1 - Outdoor seating - Miscell. 2 - Other general expenses - Two owner operators earn $800 per week each and their wages have been removed and shown in net profit - This business has 4 1/2 on trip advisor. - Coffee machine is owned by the coffee company - A three bedroom unit upstairs is available with a separate entrance if required (this is not included in the lease or the rent).

Figures
Weekly Sales $20000
Rent (ex GST) $1250
Wages $4500
Profit $4650

Agent SBX Code Number: SF1155 - 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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