For Sale $180,000
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 $180,000

Business Details

Cafe - Restaurant - Function Centre - Takeaway - Eastern Suburbs

\nCafe - Restaurant - Function Centre - Takeaway - Eastern Suburbs - Agent SBX Code Number: SF1174

Cafe-restaurant- function centre - takeaway -Serving full breakfast and lunch including breakfast, burgers, chips, sandwiches, hot Asian and Vietnamese food, cold drinks. -Currently doing around 10 kgs coffee. - Fully Licensed till midnight - Full kitchen with a walk in coolroom and freezer. - A separate area which is currently used as storage was previously used as a deli and has a large display fridge. - 50 seats outside - 50 seats inside - 2 wall TVs - free WIFI.

Potential
Huge potential to cater for weddings and other functions - Expand the catering and delivery side to all the local businesses - Increase social media - Do some advertising and marketing - Huge potential to open at night - Open more hours

Features
Plenty of parking - Long lease - Good rent - Beautiful gardens and tranquil leafy outlook- Fully licensed till midnight (On License) - No competition - Unique opportunity -

Premises
Cafe area, 3 large alfresco areas, water feature, tennis court, 2nd area storage/ deli, 4 toilets with a total area of 380 sq.mts.

Location
Brilliant heritage building in Industrial estate in busy commercial area set amongst gardens, fountains and ponds.

Trading Hours
5.5 days - Mon. - Fri. - 6 a.m. - 3.30 p.m. - Functions as required

Lease
Current 5 + 5 year lease expires June 2019- C.P.I.increases - 3 month bond.

Employees
2 owners + 2 part-timers + casuals as required

Comments
Misc 1 - General expenses. A must to inspect - This used to be a famous factory and is now a thriving industrial estate.- All the grounds and the tennis court are included on the lease.- Fantastic opprtunity. The storage area has a toilet and shower and could have many uses and was the original cafe/deli - Functions already booked into 2016. Sales will vary subject to functions so this is an average figure, sales can reach up to $15k - $20k per week. - You can drive into the estate and visit the cafe as it has public access. Please be very discreet and go as a customer. - Meetings organised through your broker

Figures
Weekly Sales $11150
Rent (ex GST) $843
Wages $1700
Profit $3852

Agent SBX Code Number: SF1174 - 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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