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Cafe - Restaurant - Takeaway - Cafe- Newly renovated- Fully fitted- Low rent- Perfect location- North West area - M2202

Cafe - Restaurant - Takeaway - Cafe- Newly renovated- Fully fitted- Low rent- Perfect location- North West area - M2202

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

North Ryde


Industry :
--

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Cafe - Restaurant - Takeaway - North West - Agent SBX Code Number: M2202

Cafe newly refurbished with new equipment and new folding door and windows - everything is ready to start trading immediately. The owner bought the business in 2021 and traded 6 days p.w. with takings around $15,000 and sold 40 kgs of coffee p.w. In year 2022 the owner entered into a large wholesale catering contract which turned over more than $23,000 a week. Due to this large contract, the owner stopped retail trading (Oct 2022) to focus on the large catering contract due to limited kitchen capacity which could not service the catering and retail business at the same time. Currently the owner has sold the catering business and temporarily has no plan for the retail business due to family issues. The retail business cost around $300k including a lot of new equipment and fit-out. The business is not being sold on figures. The business is being sold on the basis of upfront and renovation expenses plus a good location and good long lease with cheap rent.

Potential
Ideal for a smart and experienced operator to look for a new place and a new venture to cater their own business desire and a great potential capital return. Could apply for liquor licence and also open for dinner.

Features
Perfect location. Spacious and newly renovated. Great looking cafe with indoor and outdoor seats. Low rent with long lease. Everything ready to go. Great potential.

Premises
Brand new renovated and modern designed shop with an area of approx. 150 m2 including a full commercial kitchen, large store room, new restrooms

Location
Prime corner location in North West area shopping village.

Trading Hours
Can open 7 days for breakfast, lunch and dinner.

Lease
15 years (5 + 5 + 5) commenced April 2019. - CPI annual rental increases. - 3 months bond.

Comments
The rent includes gst and outgoings. A fully fitted cafe-restaurant-takeaway in excellent condition. A good investment opportunity. A must to inspect! All interested buyers please contact your brokers to arrange a viewing.

Figures
Weekly Sales $0
Rent (ex GST) $1362
Wages $0
Profit $0


Agent SBX Code Number: M2202 - 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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