Cafe - Takeaway - Cafe - Low rent - Long lease -Well priced -Nets $4770 p.w.- Inner West area - M2204
Cafe - Takeaway - Cafe - Low rent - Long lease -Well priced -Nets $4770 p.w.- Inner West area - M2204
Industry :
--Sub Industry :
Cafe - Takeaway - Inner West - Agent SBX Code Number: M2204
Cafe - takeaway selling average 25-30 kgs of premium coffee. It is a branch destination that provides specialty coffee and contemporary menu items such as fried chicken burger and beef brisket on brioche etc. Has a large deck area with plenty of outside seating, open plan and comfortable surrounds. The takings include some catering orders by surrounding companies. - 10 seats inside and 50 seats outside. - The weekly takings shown are $13,000 (shop sales ) + sublease income of $1320 p.w.
Potential
Could increase trading hours on weekend. Could open for dinners. Promote marketing. Extend catering business. A hand on a full time owner operator could save on wages and increase profit due to the current owner only work 4 days a week.
Features
A lovely comfortable cafe. Well established for 7 years. Regular customers. Well known to locals. New and long lease with low rent. Extra net income of $1320 p.w. from sublease. Great potential for a full time owner operator. Well priced.
Premises
Well presented and unique designed shop with indoor and outdoor seating with an area approx. 120 m2.
Location
Situated behind the main shopping street and next to large customers parking area of major supermarket in Inner West suburb.
Trading Hours
7 days - Monday to Friday 730 am to 3 pm. Saturday 8 am to 3 pm. Sunday 8 am to 2 pm.
Lease
New 7 years commenced 17th December 2023. - 2.5% annual increases. 3 months bond. -Signed 3 year sublease to burger business started 5th Jan,2023 with 2.5% annual increases (trading hours 4p.m. -midnight)
Employees
One owner ( working 4 days ) + 3 full-timers and 2 casuals
Comments
The weekly rent of $1140 includes GST and outgoings and the sublease rent of $1320 includes GST pw.. A good cafe waiting for a good buyer. Inspection is highly recommended.
Figures
Weekly Sales $14320
Rent (ex GST) $1140
Wages $4000
Profit $4770
Agent SBX Code Number: M2204 - 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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$220,000 + SAV
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