For Sale $699,000
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 $699,000

Business Details

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.

Potential
Council has approved future fit-out renovations. - Huge potential in a growing area.

Features
Great location. - Quality fit-out. - Very efficiently run operation.

Premises
Great fit-out with indoor and large outdoor area with quality seating.

Location
Prominent location in busy shopping village which draws a large regular clientele.

Trading Hours
7 days - Mon. - Fri. - 6 a.m. - 4 p.m. - Sat. - 7 a.m. - 3 p.m. - Sun. - 7 a.m. - 2 p.m.

Lease
5 + 5 year lease commenced in 2013

Employees
1 owner + 3 fulltimers + 5 parttimers

Comments
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.

Figures
Weekly Sales $21000
Rent (ex GST) $800
Wages $4400
Profit $9320

Agent SBX Code Number: TK1050 - 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
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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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