For Sale $495,000
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 $495,000

Business Details

Cafe - Takeaway - Espresso - Under Management - Lower North Shore

\nCafe - Takeaway - Espresso - Under Management - Lower North Shore - Agent SBX Code Number: SF1241

Cafe - takeaway selling over 45-50 kgs of coffee. - Serving breakfast and lunch including an all day breakfast, muffins, daily specials and a very creative, clever and concise menu - Full kitchen with exhaust and grease trap - 24 seats inside and 26 seats outside and 20 in the courtyard. - Council approved for 86 seats.

Potential
Could apply for a liquor license (STA) - Increase takeaway side of the business - Open longer hours - Huge potential to open at night (STA)- Website - Could do some marketing and advertising.

Features
Excellent location - Long lease - Great rent - Very good social media presence - Award winning - Popular with locals. - Under Management

Premises
Amazing corner position with a leafy courtyard and outdoor seating, the interior is open and airy with plenty of natural light and wooden floorboards with an area of 127 sq.mts.

Location
Situated on Lower North Shore in very busy street surrounded by residential and commercial and close to four schools.

Trading Hours
6.5 days - Mon. - Sat. - 6.30 a.m. - 4.30 p.m-. Sun. - 7.30 a.m. - 2.30 p.m.

Lease
A new 8 year lease will be available - 4% increases - 3 month bond or bank guarantee subject to financial capability.

Employees
1 owner + 2 fulltimers + 6 casuals

Comments
Miscell. 1 - Other general expenses. - Miscell. 2 - Outdoor seating. - Outgoings are included in the rent. - The managers wage has been removed and shown in net profit. - An extra car permit is also available- This business hasnt reached its full potential. A brilliant newly renovated 2 bedroom apartment is also available. The apartment has a separate entrance. - The weekly rental for the whole property (business and the apartment) is $1820 plus GST per week - This is a very well run business with good systems in place and excellent records. A must to inspect, but please be discreet

Figures
Weekly Sales $18200
Rent (ex GST) $1060
Wages $5200
Profit $4570

Agent SBX Code Number: SF1241 - 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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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

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