Cafe - Espresso Bar - Takeaway - Cafe - City Fringe - Nets $3150 p.w.- Well priced for quick sale - M2234
Cafe - Espresso Bar - Takeaway - Cafe - City Fringe - Nets $3150 p.w.- Well priced for quick sale - M2234
Industry :
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Cafe - Espresso Bar - Takeaway - City fringe Sydney - Agent SBX Code Number: M2234
Cafe / takeaway serving 25 kgs of premium coffee p.w. and offering a variety of breakfast and lunch menu including avocado toast, eggs benedict, sandwiches and burgers etc. It is a modern and cozy atmosphere with indoor and outdoor seating options. The business set up cost was around $250k in year 2019. Currently added new ice machine, toast machine and deep fry machine. - 32 seats
Potential
Could add home delivery. Promote local marketing. A full time owner operator could increase sales and make more profit.
Features
Perfect location. No direct competition. Regular customers . Local favourite cafe. Long lease with reasonable rent. Well priced for quick sale.
Premises
Modern designed and well presented cafe with an area approx. 45 m2 plus outside seating area.
Location
Prime location under commercial building surrounded by companies and group of high rise apartments in City Fringe opposite a large green park.
Trading Hours
7 days - Monday to Friday 7 am to 230 pm. Saturday & Sunday 8 am to 2 pm.
Lease
5 + 5 years lease commenced November 2023. - 4% annual increases. - 6 months bond.
Employees
One owner ( working 3-4 days and other days Tafe study ). plus 5 casual staff.
Comments
Misc.- 1- Refers to bank fee and rubbish bill. A great and profitable local cafe in Inner City area. A must to inspect.
Figures
Weekly Sales $11000
Rent (ex GST) $1500
Wages $2100
Profit $3150
Agent SBX Code Number: M2234 - 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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$160,000 + 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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