Cafe-Espresso Bar-Takeaway-Under Management - Cafe-Takeaway- 6 days- Under Management- Nets $2425 p.w.-East Sydney - M2259
Cafe-Espresso Bar-Takeaway-Under Management - Eastern Suburbs - Agent SBX Code Number: M2259
Cafe / takeaway serving 20 kgs of premium coffee and flavourful breakfast and brunch meals including eggs benedict, tuna salad, beef burgers, falafel wrap and green curry rice etc. within warm and inviting atmosphere. Full commercial kitchen. 18 seats inside. The business was established at a cost around $250k.
Potential
Could open 7 days to increase sales. Could open dinner as lease permits trading to 9 p. m. A hand over to a motivated owner operator could save on high wages and make more income. Could expand scale by takeover of upstairs wholesale bakery business.
Features
Good location. High quality fitout. Well known by locals. Under management. Long lease. Could do cafe and bakery business together if desired. Great growth potential to expand the business. -Well priced.
Premises
Well presented shop with an area approx. of 80 m2 plus upstairs sub-leased bakery wholesale business with an area of 80 m2.
Location
Corner location on main road in affluent Eastern Suburbs close to railway station.
Trading Hours
6 days - Monday to Saturday 630 am to 3 pm. Sunday closed.
Lease
5 + 3 + 3 years lease commenced July 2022. - 3% annual increases. - 3 months bond.
Employees
Under management - 5 staff . The vendor opens and closes door.
Comments
Misc.- 1 -waste bill. The current weekly rent is $1260 plus gst. Receives $400 sub-lease rent, so weekly rent shown is $860 p.w. The net profit shown is based on a full time owner operator to save on big wages as currently pays $3600 to staff running the business. Huge potential for a motivated owner operator to reduce high wages and increases trading hours and make more profit. A must to inspect!
Figures
Weekly Sales $9000
Rent (ex GST) $860
Wages $2500
Profit $2425
Agent SBX Code Number: M2259 - SBX Business Brokers
For more details, please email broker or call agents.
