Listing status: Inactive
Reason: --
Cafe - Takeaway - Foyer Cafe - Espresso- Under Management - Foyer - Cafe - North Sydney - 5 Days- Under Management. - SF1540
Industry :
ProfessionalSub Industry :
BrokerageCafe - Takeaway - Foyer Cafe - Espresso- Under Management - Lower North Shore - Agent SBX Code Number: SF1540
Cafe - Foyer Cafe - Takeaway - Restaurant selling 20- 23 kgs. coffee p.w. including breakfast, burgers, sandwiches, salads, wraps, pastries and cold drinks - A good size kitchen with an exhaust, no grease trap - 10 seats inside - 40 covered outside seats. - Full renovation over $90K in Jan 2020 - Pre Covid sales around $11K p.w.
Potential
Could open weekends - Improve social media presence - Increase coffee sales - Obtain a liquor license (previously this business had a liquor licence) STA - Buildings will be renovated nearby next year
Features
Foyer cafe with two entrances - Lots of potential to increase sales - Easy to run - Nothing to spend - Good loyal clientele - Great position - 5 days - Modern fit out - Under Management
Premises
Good modern and well designed cafe with two entrances, an open galley style kitchen and plenty of seating with an area of 60 sq. mts.
Location
Situated in a top position near the entrance to an office block and surrounded by retail and offices in the Lower North Shore.
Trading Hours
5 days - Mon. - Fri. - 6.30 a.m. till approx 2 p.m.
Lease
Lease expires Dec 2024 - 4% increases - 3 month bond
Employees
1 Manager + 1- 2 part timers + 1 casual
Comments
Misc. - 1 - Other general expenses + GST - 3 group coffee machine is owned by the coffee company - A well positioned foyer cafe -The Managers wage of $1,000 p.w. has been removed from wages and shown in net profit - Full renovation over $90K in Jan 2020 and the foyer of the building also renovated - A must to inspect but please be discrete.
Figures
Weekly Sales $7500
Rent (ex GST) $1456
Wages $1500
Profit $2074
Agent SBX Code Number: SF1540 - 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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$248,000
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