For Sale $238,000
SBX Business Brokers

View phone number

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $238,000

Business Details

Cafe - City Fringe

\nCafe - City Fringe - Agent SBX Code Number: F3034

Cafe serving quality nutritious and healthy food for both breakfast and lunch. - Sells 10 - 12 kgs. coffee p.w. and serves special organic baked potatoes - The menu ranges from toasties or eggs with a wide choice of sides to a selection of traditional Irish dishes and a potato and sage pancake topped with a fried egg and white sausage. - At lunchtime, you can also order healthy ancient grain salads or stuffed baked potatoes. - All the produce is organic and locally sourced. Seats 32 including rear courtyard.

Potential
Could open at night as current owner successfully traded at night but found it was too much work for one person.

Features
Local icon. - High quality food. - Easy to run. - Great location. - Loyal customers.

Premises
Clean and easy to run with an area of 150 sq. mts.

Location
Situated in busy main street in City Fringe.

Trading Hours
7 days - Mon. - Fri. - 8.00 a.m. - 3.00 p.m. - Sat. and Sun. - 8.00 a.m. - 5.00 p.m.

Lease
Current 5 + 5 year lease commenced in May, 2013. - 5% annual rental increases - 3 month bond

Employees
One owner + 4 full timers + 4 casuals .

Comments
All the equipment is owned. - The owner only works 5 days p.w. - Room upstairs can be rented for $350 - $400 per week. - Miscell. 3 - outdoor seating $88

Figures
Weekly Sales $13500
Rent (ex GST) $2221
Wages $4000
Profit $3334

Agent SBX Code Number: F3034 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
  • 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
 1 of 1 photos 

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

Enquire about this business:

I would like to:

Tools