Cafe - Bar - Takeaway - Cafe - Bar - Foyer - Massive high-rise Sales $30,000 pw - 5 days only - Syd CBD - T3007

Cafe - Bar - Takeaway - Cafe - Bar - Foyer - Massive high-rise Sales $30,000 pw - 5 days only - Syd CBD - T3007

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Sydney


Industry :
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Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Cafe - Bar - Takeaway - Sydney CBD - Agent SBX Code Number: T3007

Cafe / Bar in foyer serving breakfast, lunch and dinner. Full commercial kitchen serving a variety of Italian food, 15 kgs .coffee and great variety of wines, beer and cocktails. 30% of income is through alcohol sales. Brand new fit out with state of the art equipment throughout. Currently adding a further 25 seats in a great position. Situated in growth corridor of the City with many new office towers and residential under construction.

Potential
Enormous potential as opened less than 12 months with business growing and positioned in part of the CBD which is expanding dramatically. Should reach sales of over $50,000 per week.

Features
Stunning location within one of the largest CBD commercial buildings in the growth area of City. Building about to become 90% occupied.

Premises
Approx. 220 sqm, large atrium with New York style fit out, large centre bar with seating around and open kitchen, also separate store room and work area downstairs

Location
Situated in the foyer of brand new very large CBD office tower.90% occupancy and easy access to Pitt street, with 5,000 office workers.

Trading Hours
5 days - Monday to Friday 6.30 am to 10 pm.

Lease
10 year lease from July 2023 with 3.5% increases annually and 3 month bond.

Employees
1 owner + 1 full time chef + 3 kitchen + 2 floor + 3 bar all casuals.

Comments
One of the Citys largest buildings, 55 levels with 2 separate street entrances accommodating 5,500 office workers.

Figures
Weekly Sales $30000
Rent (ex GST) $2596
Wages $10000
Profit $5000


Agent SBX Code Number: T3007 - SBX Business Brokers

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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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