For Sale $350,000
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 $350,000

Business Details

Cafe - Espresso Bar - Takeaway - City Fringe

\nCafe - Espresso Bar - Takeaway - City Fringe - Agent SBX Code Number: G1513

Cafe - espresso bar offering a gourmet all day breakfast, light meals & seasonal salads & specials for lunch, fresh juices & selling approx 45-50 kgs. coffee per week. - This outstanding cafe has a rustic decor with lots of exposed wood furnishings and a very warm & friendly feel. - 35 seats inside - 10 seats outside.

Potential
Potential for small bar license. With a liquor license this business could easily trade as a Bar in the evenings. Could offer Tapas in the evenings. Massive potential to increase turnover.

Features
Well located with great corner exposure. - Well known with locals and great reviews. - Rated as one of Sydneys Top 10 Cafes. - Low rent. - Long lease.

Premises
This cafe has an area of approx. 140 sq. mts. incl lower ground floor storage, prep. kitchen & courtyard.

Location
Prime City fringe corner location in trendy residential area in close to busy shopping strip, university & hospital.

Trading Hours
7 days - Mon. - Sat. - 630 a.m. - 330 p.m. and Sun. - 800 a.m. - 330 p.m.

Lease
5 year lease + 5 year option (commenced July 2013)

Employees
2 owners + 2 fulltimers + 2 casuals

Comments
Part of the lower ground area is currently being sublet to a Fresh Juice manufacturing business for $350 p.w.

Figures
Weekly Sales $18000
Rent (ex GST) $1300
Wages $3900
Profit $7155

Agent SBX Code Number: G1513 - 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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