Cafe - Takeaway - Well known Inner West cafe- Low rent with long lease- Nets $6780 p.w. - M2218
Cafe - Takeaway - Well known Inner West cafe- Low rent with long lease- Nets $6780 p.w. - M2218
Industry :
--Sub Industry :
Cafe - Takeaway - Inner West - Agent SBX Code Number: M2218
Cafe - takeaway selling 30-35 kgs premium coffee, home made pastries, burgers, fresh juices, smoothies, kids meal etc. also offers selection of delicious breakfast and lunch menu. Open plan kitchen. 36 seats inside and 26 seats outside. Busy trading times are weekends. Established many years and has become a local favourite cafe with high reputation.
Potential
Could open dinner or trade special family/school functions and birthday parties etc. Add home delivery. Promote marketing. Ideal for family business.
Features
Long and well established for many years. - One of Sydney internet celebrity cafes with tasty food and high quality coffee. - Loyal customers from local and other areas. - Low rent with long lease. - Stable income and profit. - Growth potential.
Premises
Well presented and relaxing atmosphere cafe with light filled dining room in an area approx. 120 m2 including cool room and storage area.
Location
Situated on a corner in a residential area in Inner West suburb close to famous private school.
Trading Hours
7 days - Monday to Friday 7 am to 3 pm. Saturday & Sunday 8 am to 3 pm. Closed public holidays and 2 weeks Xmas holidays.
Lease
5 + 5 years lease commenced March 2023. - 3% annual increases. - 3 months bond.
Employees
Two owners plus 2 full-timers + 5-6 casuals.
Comments
The rent includes outgoings. Misc.- 1-Refers to bank fees, water usage and rubbish bill. - Net profit includes the owners wage of $2542. This well known cafe is a champion of Inner West Sydney cafe scene. A life style business offering a great investment opportunity. Dont miss out.
Figures
Weekly Sales $18500
Rent (ex GST) $880
Wages $4880
Profit $6780
Agent SBX Code Number: M2218 - 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.
View other listings by this business
$400,000 + SAV
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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!
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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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