For Sale Well Established Suburban Espresso Cafe Under Management Mascot Sydney
For Sale Well Established Suburban Espresso Cafe Under Management Mascot Sydney
Industry :
--Sub Industry :
An outstanding busy suburban cafe brewing delicious coffee paired with light food, providing an exceptional customer experience strategically positioned in a residential district providing a great meeting place for breakfast and lunch with demand for extended further trade plus Sundays.
This easy to run set up is sure to impress, and includes a prep kitchen, coffee bar, cake display, seating for 20 indoor plus 8 undercover outdoor and much more.
Popular with locals, passing road and foot traffic.
Perfect opportunity for a new motivated owner to continue the success and growing momentum of this well known local cafe.
Key Points.
Serving 50 kilos per week approx of coffe plus retail.Limited trading hours, Monday to Saturday 6am - 2 pm.
Lease till December 2027 plus options till 2032.
Weekly summary approximately, includes GST unless stated otherwise.
Takings $11000
Cost of Goods $3300
Rent $904
Outgoings, included in the above rent.
Wages $3300.
Insurance $38
Electricity $110
Net profit approximately $3348 under management.
CONTACT AGENT Angelo Fournaris 0410 544 347 angelo@networkinfinity.com.au
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Disclaimer
The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity and the agent/broker does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative
of the actual business or it's products.
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These include:
Ensure the seller is 100% verified by us!
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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!
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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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