, NORTH SYDNEY 2060
For Sale $195,000
[This property is Under Offer]
Peter Golding

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Core Business Brokers
802 Pacific Highway,
Gordon, NSW 2072

NORTH SYDNEY 2060

Food/Hospitality for sale

NORTH SYDNEY NSW 2060

For Sale $195,000

Business Details

Cafe North Sydney

Café North Sydney
CONTRACTS EXCHANGED
COFFEE SALES 35 KILOS a week

Sales Price $195,000 plus stock.

Weekly sales $15,800

LOW Weekly Rental $1142 ( 7.2 % of Turnover )

HIGH Weekly wages $5200 -less for a new buyer.

Lease: 3+3+3 Commenced December 2013

Profit to current owner working just two days a week $2200

Any new buyer working 5 days should save a minimum of $400 in wages a week.

This trendy coffee lounge is situated away from the main shopping area which allows limited competition and regular clientele and lower rental and ease of parking.

This busy shop has a deli feel with daily blackboard menus of gourmet breakfasts and lunches. The coffee is their specialty with sales of over 35 kilos a week. The shop opens seven days until 3 pm and is well managed. The owner who set up the business has another project and is only working two days a week which allows a new more hands on buyer excellent up side with wages savings. The menu is designed on healthy salads and meals rather than fried foods. There is no grease trap and only a small prep area and yet it pumps out sales of over $15,000 a week. Weekends are busy and yet weekdays are very steady.

There is also extra seating downstairs for a more discrete meeting as well as tables outside on the footpath.

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
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Core Business Brokers
802 Pacific Highway,
Gordon, NSW 2072

Phone: 94132977
Fax: 94133818

Peter Golding
Phone: 0294132977
Mobile: 0414242830

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