Cafe in Inner West – Well Estab. Potential, WIWO, MUST SELL
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)
- 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:
- 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-nowTo 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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