Food/Hospitality Business for Sale in NSW Photo 1
Cafe/Coffee Shop for sale in Eastern Suburbs, NSW
For Sale $275,000

Cafe/Coffee Shop for sale in NSW

Food/Hospitality
NSW
For Sale $275,000

Business Details

Italian Restaurant - Functions - Cafe - Lower North Shore

\nItalian Restaurant - Functions - Cafe - Lower North Shore - Agent SBX Code Number: G1505

Restaurant specialising in authentic & traditional Italian cuisine & offering seasonally inspired Italian dishes - Fully licenced with seating for 120 in the main dining area and seating for 20 in the cafe area. - The cafe services the 500 tenants in the lobby. - There is also an outdoor garden area which has a BBQ & seating area for approx 20. - Can cater for functions or weddings up to 130 seated or 200 for standing cocktails. - Dining area looks out onto garden and murals.

Potential
Could extend trading hours. - Potential to market for more functions. - Could promote more catering through the cafe for office meetings. - Could promote the outdoor BBQ garden area for summer functions. - Could open on weekends.

Features
Well established 5 day business. - Great reputation. - Regular & loyal customers.

Premises
This restaurant has an area of 360 sq. mts.

Location
Well located on the ground floor of a large corporate building in the heart of the Lower North Shore CBD area.

Trading Hours
5 days - Mon. - Fri. - Lunch from 12 p.m. and Wed. - Fri. - Dinners from 6 p.m.

Lease
5 year lease expires Feb. 2020 - 4% increases per annum.

Employees
2 owners + 2 full timers + 7 part-timers

Comments
Profits from the cafe pays for the total rent. -

Figures
Weekly Sales $19000
Rent (ex GST) $2410
Wages $5200
Profit $3860

Agent SBX Code Number: G1505 - SBX Business Brokers

  • Last Updated February 2016
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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