Cafe in Inner West – Well Estab. Potential, WIWO, MUST SELL

Price: $10,000 Location: Inner West, NSW Ref: 4919884
Agent:
Jun Chung
Agent Phone:
Office Phone:
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Business Headline :
Cafe in Inner West – Well Estab. Potential, WIWO, MUST SELL
Price :
$10,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Catering
Full Description :

This cafe is located in the busy Railway Parade precinct across from Plaza.

The current owners are keen to sell, as they are relocating overseas.

Currently running as a dessert cafe starting at 12am. Potential to convert to a regualr cafe opening at 6:30am to grab morning traffic.

Running under full management but owner operator could increase the revenue.

What you see is what’s included in price – All including coffee machine and a grinder (worth over $10K already)

 

PLEASE NOTE:

  • Currently operating under franchise name.
  • New owner is to change name and start as a new business or similar
  • The business NOT sold based on Revenue or Profit.
  • Opportunity for new owner to take over at less than half of the equipment cost.

 

The business from a glance:

  • WIWO
  • 7 days a week, opening from midday to 10pm.
  • Potential to open in the morning.
  • Located outside busy bus stop, with a good mix of residential, commercial and retail.
  • Uber Eats inclusion – offering desserts.
  • 10-15kg of coffee usage per week.
  • Great annual rent.
  • Modern and contemporary fit out. 
  • Proprietary desserts.

This is a great opportunity for someone to get into their own business for an extremely affordable price. Hurry, as it won’t last! 

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4919884#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4919884#enquire-now

Annual Rent : $66,000 - Weekly Rent : $1,269

Annual Turnover : $280,000 - Weekly Turnover : $5,385

Annual Gross Profit : $205,000 - Weekly Gross Profit : $3,942

Annual Ebit : Not Disclosed - Weekly Ebit : Not Disclosed

Premise : Leased

Lease Commencement : Dec 2013

Lease End : Nov 2021

Lease Option: 0 years

Total Land Area : 42 Square Metres

Total Floor Area : 30 Square Metres

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $3,000

Year Purchased : 2013

Year Established : 2013

Days Trading : 7

Staff : - 8 Casual

Staff Salaries : $140,000

Reason for Sale : moving overseas

Location : Burwood

Business Potential : Expand food offering / deliveries

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