Listing status: Inactive
Reason: --
Cafe - Espresso - Takeaway - Bar - Cafe - Espresso - Net $8500 p.w Sales $25000 pw Takeaway - 5 days - Sydney CBD - F3304
Cafe - Espresso - Takeaway - Bar - Cafe - Espresso - Net $8500 p.w Sales $25000 pw Takeaway - 5 days - Sydney CBD - F3304
Industry :
--Sub Industry :
Cafe - Espresso - Takeaway - Bar - Sydney CBD - Agent SBX Code Number: F3304
Cafe - Espresso - Takeaway selling 70 kgs. of premium coffee p.w., fabulous breakfast including bagels, fruit salad, a range of toasts and muesli etc. - . A simple lunch menu includes chicken parmigiana, filo pastry, battered fish and chips, delicious burger options, salads, steak sandwiches, gourmet sandwiches. - Both hot and cold drinks .$250k fit out ( depreciation allowance approx $40 k per annum ) .For further information please contact your broker , please dont approach the owner or staff of the business.Downstairs fully licensed bar area as part of lease currently not been used to its full potential.Sales are now back better than pre covid levels of 03.2020.Downstairs as bar and or wine bar at night for savvy potential purchaser , current owners coming up 7 years and never closed during covid are tired and need a change ,a genuine sale , ring now for further information - priced to sell ,great cash flow business.
Potential
Do more social media advertising on both face book and instagram.Opportunity to open weekends.
Features
High volume coffee sales - Financial figures available for serious buyers. Full liquor licence up and downstairs
Premises
Full compact kitchen and takeaway area upstairs and licenced cocktail bar downstairs with huge potential.
Location
Prime street front location amongst some of the most prestigious high rise buildings in Sydneys CBD.
Trading Hours
5 days - Mon. to Fri. - 6 a.m. to 4 p.m.
Lease
Current new lease is being negotiated with the landlord - 4 % annual rental increases - 6 month rental bond .
Employees
One full time owner plus one part time owner + 1 cook + 1 kitchen hand + 2 casuals .
Comments
The vendor owns the coffee machine but not the grinder .Busy early Breakfast trade inc Eggs , Bacon ( located next to 5 star Hotels , Both vendors work 5 days week onsite.
Figures
Weekly Sales $25000
Rent (ex GST) $2778
Wages $3500
Profit $8500
Agent SBX Code Number: F3304 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$498,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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