Cafe - Pizzeria - Takeaway - Modern Cafe & Pizzeria - North Coast N.S.W. - Takings $13,500 p.w. - T3010
Cafe - Pizzeria - Takeaway - Modern Cafe & Pizzeria - North Coast N.S.W. - Takings $13,500 p.w. - T3010
Industry :
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Cafe - Pizzeria - Takeaway - North Coast NSW - Agent SBX Code Number: T3010
Cafe and pizzeria bar serving 20 kgs of coffee per week, a delightful range of cakes and panini, and authentic Italian-style pizza, this business has a large takeaway service with undercover seating. It is a licensed venue with seating for 30 outside. Currently under full management, the transition for new owners will be seamless. The profit figures are based on two working owners running the business with reduced staff wages, indicating substantial potential for increased earnings with active owner involvement. This is an exceptional chance to step into a profitable venture with strong community ties and a loyal customer base.
Potential
Great location in a strong community area with long lease and low rent. Potential for profit to grow to $5,000 per week. New owners running the business could improve sales and save on wages.
Features
Very well established. Strong business growth. Very low rent. Currently this business is run under management and the owners are not involved. Long lease - Licensed.
Premises
Cafe / Pizzeria with an Italian influence and an area of 70 sq. mts.
Location
Situated in a pocket of shops close to apartments and residential housing within a very close proximity to the beach in North Coast NSW.
Trading Hours
Cafe open 7 days 7am to 2.30 pm. Pizzeria open 5 days Wednesday to Sunday 12pm to 2pm & 5pm to 9 pm. Breakfast Saturday & Sunday 7am to 11am.
Lease
Current lease commenced 1st April 2021 and expires 31st March 2026 with a further 5 + 5 year options - 2 month bond with 2% CPI increases annually.
Employees
2 owners + 1 pizza chef + casuals as required.
Comments
The figures above are based on 2 owners working full time in the business. This business is currently run under total management. Situated in one of Australias fastest growing areas and most popular tourist and residential hot spots.Very strong community following with new Hospital (2nd largest in NSW ) just opened and a large 4,000 new homesite development only kilometres away commencing now. Dont miss out on the chance to own a thriving cafe and pizzeria bar in a vibrant location. Act now and take the first step towards owning your dream business.
Figures
Weekly Sales $13500
Rent (ex GST) $716
Wages $2500
Profit $3575
Agent SBX Code Number: T3010 - 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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$79,000 + SAV
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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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