Food/Hospitality Business for Sale in NSW Photo 1
Cafe/Coffee Shop for sale in Eastern Suburbs, NSW
For Sale $1,150,000

Cafe/Coffee Shop for sale in NSW

Food/Hospitality
NSW
For Sale $1,150,000

Business Details

Cafe - Espresso Bar - Wine Bar - Sydney CBD

\nCafe - Espresso Bar - Wine Bar - Sydney CBD - Agent SBX Code Number: GJ1359

Foyer cafe - eatery offering Italian style food, wine and beer, 77 kgs. coffee p.w. , sandwiches, takeaways, desserts. - Also provides corporate catering. - Excellent attentive service. - This is a busy cafe and a must to inspect. - One of the best in the CBD. - 150 seats - licenced. - 50% of business is coffee - 25% meals - 25% takeaway

Potential
Great venue for functions and private parties. - Promote wine sales more as current vendor does not. - Precooked hot food display would easily bring in an extra $5K per week. - Motivated vendor could easily improve sales.

Features
Central CBD foyer. - Top fit out. - State of the art kitchen. - 15 months rent free from June, 2015.

Premises
Full kitchen, large seating area, beautiful presentation with sweeping views over the CBD

Location
Prime CBD foyer location on first floor with floor to ceiling glass windows overlooking the city.

Trading Hours
7 days - Mon. - Fri. - 6.30 a.m. - 5 p.m. - Sat. - 8 a.m. - 4 p.m. - Sun. - 9 a.m. - 3.30 p.m.

Lease
Current lease commenced June,2015 - Expires May, 2025 (10 years). - Free rent from June 2015 until October 2016.

Employees
1 casual owner + 4 full timers + 4 casuals

Comments
Fabulous design featuring 3 workstations coffee, cakes, premade sandwiches kitchen winebar and desserts.- Rent due as of end of October 2016 is $4327 p.w. - Please note current net profit per week, during rent free period is $16,335.

Figures
Weekly Sales $32000
Rent (ex GST) $4327
Wages $7500
Profit $12008

Agent SBX Code Number: GJ1359 - SBX Business Brokers

  • Last Updated August 2015
  • 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
1 Photo

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