For Sale $565,000
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 $565,000

Business Details

Espresso Bar - Cafe - Takeaway - Sydney CBD

\nEspresso Bar - Cafe - Takeaway - Sydney CBD - Agent SBX Code Number: SF1163

Espresso bar - cafe serving 70 kgs. coffee plus hot chocolate and chai. - Open for breakfast and lunch selling sweet and savoury snacks, sandwiches, cakes, cold drinks, other pre mades. - Excellent coffee sales account for a very large percentage of the turnover. - Plenty of outdoor seating is available in a busy and bustling environment - 7 seats Inside - 28 seats outside - No cooking - New kitchen area and equipment

Potential
Add other menu items - Expand catering - Increase social media presence - To obtain a liquor license (STA)- Potential to do light cooking

Features
Location - Location - Very good rent for the area - Easy to run - Well established - Loyal clientele - Great online reviews.

Premises
True espresso bar with lots of outdoor seating featuring a modern stylish fit out and an area of 39 sq. mts.

Location
Brilliant CBD street front location with high foot traffic surrounded by offices and commercial buildings.

Trading Hours
5 days - Mon - Fri from 6 am - 4 pm

Lease
New 6 year lease from Oct 2015 - 4.5% increases - 6 months bond.

Employees
2 owners + 1 full timer + 2 part-timers

Comments
Miscell. 1 - Outdoor seating - Miscell. 2 - Other general expenses. - The two owners wages of $1000 per week each have been removed and shown in weekly net profit. - This business is well known for its great coffee and service and is one of the best espresso bars in the CBD. - Coffee machine is owned by the coffee company- The lease allows for liquor with food however this would be subject to council approval. - By appointment only through broker - A must to inspect.

Figures
Weekly Sales $20000
Rent (ex GST) $1782
Wages $2200
Profit $8086

Agent SBX Code Number: SF1163 - 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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