Cafe - Takeaway - First rate fit out - City Fringe Sydney - F3511

Cafe - Takeaway - City Fringe Sydney - Agent SBX Code Number: F3511

Cafe - takeaway with an all-day breakfast, brunch and lunch menu plus 12 kgs.coffee & cold drinks. Selling wraps, sandwiches, salads, burgers, tacos and children's meals. New (concrete) floor, new ceiling. new electricals and plumbing throughout incl. grease trap and exhaust fan. All equipment is less than 5 years old. - Early morning and lunchtime trade is particularly good with tradies and teaching staff from school. - Recent fit out in 2020.- 26 seats inside - 24 seats outside. The following equipment will be included in the sale - double door fridge, single door fridge, commercial dishwasher, camera CCTV system under counter fridge, under counter freezer. Coffee machine can be negotiated based on maintaining supply with the same coffee supplies.The business is sold on a walk-in walkout basis.

Potential
Could expand the outdoor seating. Fine tune menu offerings. Maybe add alcohol. Maybe add more emphasis on weekend offerings.

Features
Well positioned in growth area. Good exposure on busy road. First rate fit out with separate coffee, food prep areas. New (concrete) floor, new ceiling.

Premises
Small but easily accessible site with an area of 70 sq mts. Two separate customer entrances. Indoor and outdoor seating with long standing footpath DA. External awning added in past 2 years.

Location
Good City fringe location in a growth area with good foot traffic to and from Technology Centre and Redfern station.

Trading Hours
7 days - 8 a.m to 2 p.m

Lease
The current lease expires 05.02.2028 with a further 3 year option - 2% annual rental increases including the option period - Bond 3 months rent plus GST on that amount, being $12,155.00

Employees
Two family members plus casuals as required.

Comments
Please note that this business is not being sold on figures. Great opportunity for entrepreneurial operator to take over a well established and well located cafe / restaurant on a WIWO basis buying for the value of the equipment only. Significant upside for an operator able to exploit an increasingly sophisticated market in a gentrifying area. - Misc.-1 - gst and accountant fees and other misc. items.

Figures
Weekly Sales $8000
Rent (ex GST) $867
Wages $2000
Profit $1500

Agent SBX Code Number: F3511 - SBX Business Brokers

For more details, please email broker or call agents.