Food/Hospitality for sale
Bar - Foyer Cafe - Restaurant - Sydney CBD
\nBar - Foyer Cafe - Restaurant - Sydney CBD - Agent SBX Code Number: SF1383
Cafe - Bar - Restaurant - Functions serving great quality breakfast, lunch and dinner - Monday to Friday only - Currently selling 10 kgs. coffee p.w. - Serving Modern Australian menu including burgers, pastas, salads, calamari, seafood, steaks and share plates - Full Kitchen with a walk-in cool room and walk-in freezer. - 88 seats - Beautiful restaurant and bar in the heart of C.B.D.
Could trade weekends - Expand on functions especially over the weekend - Increase coffee side of the business - Two owners or a couple could save on wages and increase sales and profit.
Excellent location - Top quality fit out - Long secure lease - Very well established - 5 days only - PSA Liquor License - Great reviews
Foyer entrance and below a large office block with a large bar, both dining / bar areas and an area of 160 sq. mtrs.
Amazing corner location in the centre of the busy CBD and surrounded by laneways and other popular venues -
5 days - Mon. to Fri. - 7 a.m. to 11 p.m
Current lease expires April, 2023 - 4% annual increases - 6 month bond
1 Owner + 1 fulltime barista + 3 chefs + 1 kitchen hand + 3 casuals
Misc.- 1 - Other general expenses and gst - Misc. - 2 - Mineral water machine on lease - PSA Liquor License - which means people can drink on the premises without eating food. - Hotel next door brings in lots of business. - Original fit out cost was over $500,000. - Coffee machine and grinder are owned by the coffee company - An optional car space is available at $192 (ex gst) per week -This is a fantastic opportunity for a Chef / Front of house operator team. - Please contact your broker for more details -- Suitable for experienced operators
Weekly Sales $23100
Rent (ex GST) $3737
Agent SBX Code Number: SF1383 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Cafe/Coffee Shop
- Expenses: $11608
- Business Selling Price: $288000
- Trading Hours: 5 days - Mon. to Fri. - 7 a.m. to 11 p.m