Food/Hospitality for sale
Espresso Bar - Cafe - South Sydney
\nEspresso Bar - Cafe - South Sydney - Agent SBX Code Number: TK1050
Cafe - espresso bar - restaurant and wine bar serving house made pastries, full breakfasts, light meals, sandwiches, 36 kgs. espresso coffee, wine and catering. - It has a massive open kitchen and espresso bar with beautiful outdoor seating area. - 50 seats outside - 30 seats inside - Licenced.
Council has approved future fit-out renovations. - Huge potential in a growing area.
Great location. - Quality fit-out. - Very efficiently run operation.
Great fit-out with indoor and large outdoor area with quality seating.
Prominent location in busy shopping village which draws a large regular clientele.
7 days - Mon. - Fri. - 6 a.m. - 4 p.m. - Sat. - 7 a.m. - 3 p.m. - Sun. - 7 a.m. - 2 p.m.
5 + 5 year lease commenced in 2013
1 owner + 3 fulltimers + 5 parttimers
The vendor is happy to trial on $19,000 with a 5% variance, but in actual fact the business has averaged over $19,000 per week in the last 3 months. - Businesses like this are very hard to come by. - This business was set up to be sold and so systems are in place for an easy transition. - Staff are well trained and there are manuals and recipes for all the food.
Weekly Sales $21000
Rent (ex GST) $800
Agent SBX Code Number: TK1050 - SBX Business Brokers
- 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