For Sale $345,000
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 $345,000

Business Details

Cafe - Gelato - Under Management - Takeaway - Eastern Suburbs

\nCafe - Gelato - Under Management - Takeaway - Eastern Suburbs - Agent SBX Code Number: SF1208

Cafe selling 35 - 40 kgs. coffee per week - Serving all day breakfast, light meals and lunch including burgers, salads, sandwiches, wraps, cakes and cold drinks. - There is also a gelato bar which is extremely popular in summer. - Full kitchen with cool room and lots of new equipment.- Fully licensed - 23 seats inside and 12 seats outside - All tables have a beachside view. - Recent renovation and ready for summer.

Potential
Could open nights - Improve social media - Possible extra mobile gelato cart to further increase sales in summer (STA) - Rare opportunity.

Features
Fantastic beachside location - Easy to run - Good lease - Well established - Busy all year round - Excellent clientele and reputation. - Great new and modern fitout.

Premises
Cafe with indoor and outdoor seating and an area of 100 sq. mts.

Location
Situated opposite an Eastern Suburbs beach in a famous beachside dining strip.

Trading Hours
7 days - 7 a.m. - 4 p.m.

Lease
Current lease expires June, 2017 + 5 year option. - C.P.I. increases - 2 months bond

Employees
1 Manager + 2 fulltimers + 8 casuals

Comments
Miscell. 1 - Other general expenses. - Miscell. 2 - Outdoor seating. - Managers wage of $1,000 has been removed and shown in net profit. - Currently run under management but an enthusiastic owner operator could save on wages and increase sales and profit - A great lifestyle business. - Recently renovated with over $100k being spent on fitout.

Figures
Weekly Sales $25100
Rent (ex GST) $3646
Wages $7300
Profit $5074

Agent SBX Code Number: SF1208 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $12126
  • Business Selling Price: $345000
  • Trading Hours: 7 days - 7 a.m. - 4 p.m.
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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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