Cafe - Restaurant - Under Management - Coffee sales 26 kgs.p.w. -Upper Nth Shore - CB1543

Location Details :

Country

Australia

State

New South Wales

City

North Turramurra

Industry :

Sub Industry :

About The Business

Cafe - Restaurant - Under Management - Upper North Shore - Agent SBX Code Number: CB1543

pCafe, coffee shop, restaurant and bar well located in a popular shopping village and currently operating under management. The menu focuses on popular and proven choices, with all day breakfast options including a wide range of egg dishes, lunch menu including Korean Bulgogi beef, salads, pasta dishes, fish and chips and delicious burgers. The recently introduced dinner menu offers a broad range of entrees, mains and desserts at reasonable prices. The business is fully licensed with a selection of wines, beers, spirits and cocktails available. The premises have recently replaced all cutlery, and gas hot water and dishwasher have been upgraded. Kitchen is well equipped and maintained and includes a walk-in cool room - 60 seats - Licenced./p

Potential
Ideal for owner / operator or family,. Just re-opened for Friday / Saturday nights, with figures not yet included in financials.

Features
Great location - Very strong local support - Noted for the high quality of staff service - Excellent ratings - Nicely balanced well priced new menu catering to all tastes.

Premises
Two level premises of 124 sqm with a welcoming and vibrant atmosphere and featuring a unique balcony with a retractable roof.

Location
Prime location situated on busy main road in a popular shopping strip, with great village atmosphere on the Upper North Shore.

Trading Hours
7 days- Monday to Thursday 7.30 am to 2.30 pm. Friday & Saturday 7.30 am to 10.00 pm. Sunday 7.30 am to 2.30 pm.

Lease
5 year lease commenced March 2024 + 5 years option - CPI increases. - Bond 3 month bank guarantee.

Employees
Manager/ barista - Chef F/T - Sous chef P/T - 4 casuals.

Comments
pMisc. -1-General expenses - Coffee machine remains the property of supplier - dog friendly - A wonderful opportunity for the astute buyer to purchase a well established profitable business,/p

Figures
Weekly Sales $13000
Rent (ex GST) $1325
Wages $5300
Profit $2905

Agent SBX Code Number: CB1543 - 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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$125,000 + SAV

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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.

About the Eden Ecosytem

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!

What happens next?

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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Cafe - Restaurant - Under Management - Coffee sales 26 kgs.p.w. -Upper Nth Shore - CB1543

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