5 1/2 Day Cafe – Easy to Run, No Competition, Well Establish

Price: $225,000 Location: Eastern Suburbs, NSW Ref: 4745926
Agent:
Jun Chung
Agent Phone:
Office Phone:
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Business Headline :
5 1/2 Day Cafe – Easy to Run, No Competition, Well Establish
Price :
$225,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant
Full Description :

 

EASY OPERATION – 5 1/2 days.

BUSINESS DISTRICT, NO COMPETITION

EXCELLENT LEASE!

 

Ticks all the boxes!

Be the first to inspect this sought after propostition.

 

Established for 8 years

Excellent and consistent turnover with approx. 25-28kg coffee per week.

10 1/2 years of lease still remaining.

Full Kitchen and Grease trap to cater for any types of food.

No serious competition nearby, easy to run with short trading hours.

Built up strong relationship with customers in Industrial Business Park location.

 

Low staff cost as it is running as Takeaway styled service – Currently wth only 3 employees and owner.

 

Excellently equipped kitchen and well set out service area promotes the ambience of the area.

It has LARGE undercover outdoor seating area for 40 patrons and 12 indoor.

Opportunity to exploit untapped catering & function potential.

 

All financials have been prepared and ready to be seen by serious buyers.

 

It is suitable for first time buyer as all the hard work is done and generating excellent income or 

Experienced operators can jump in and take it to next level by utilising the equipments, spaces and more.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4745926#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4745926#enquire-now

Annual Rent : $96,910 - Weekly Rent : $1,864

Annual Turnover : $702,000 - Weekly Turnover : $13,500

Annual Gross Profit : $473,200 - Weekly Gross Profit : $9,100

Annual Ebit : $160,000 - Weekly Ebit : $3,077

Premise : Leased

Lease Commencement : Apr 2015

Lease End : Apr 2020

Lease Option: 5 + 5 years

Total Floor Area : 100 Square Metres

Total No of Parking : 3

Franchise : No

Year Purchased : 2016

Year Established : 2012

Days Trading : 5 1/2

Staff : 3 Full Time

Staff Salaries : $140,400

Reason for Sale : Starting a family, needs a break

Location : Matraville

Business Potential : Promote Caterings, Deliveries, Liquor License

Parking Comments : 3 cars - Included in Rent

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