Corporate Style Lobby Cafe, No Competition, Under Management
This beautiful cafe & bar holds a unique destination location, Macquarie Park. The business benefits from the dynamic of its surroundings, and regulars from the hospital across.
What the business has demonstrated so far is considerable, with plenty of unrealised potentials for a savvy operator to capitalise on in future.
- Premium fit-out.
- Close vicinity to corporate offices, hospital, events facilities, public transport and parklands.
- Liquor licence.
- Beautifully furnished with a full commercial kitchen, bar, and outdoor.
- Lease expires 2029 with a 5-year option to renew.
- Huge local infrastructure & developments in the works.
- Only open 5 days a week. Closed on public holidays.
- Indoor and outdoor – wide open space of 176 sqm.
- Long secure lease of 15 years in total.
- Coporate customer – no immediate competition.
In previous years this cafe held Christmas functions for corporate customers in the building that was in excess of $30,000 revenue in one function. Could promote for more corporate functions and catering.
Currently, run under full management. An owner-operator could increase the revenue by saving wages and providing personal services.
Be first to inspect! There is lots of room to improve and save to increase net profit.
This incredible opportunity would suit an owner-operator looking to capitalise on the unique location and enviable features of the business.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5151888#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=5151888#enquire-now
Annual Rent : $100,825 - Weekly Rent : $1,939
Annual Turnover : $750,000 - Weekly Turnover : $14,423
Annual Gross Profit : $520,000 - Weekly Gross Profit : $10,000
Annual Ebit : $150,000 - Weekly Ebit : $2,885
Premise : Leased
Lease Commencement : Oct 2014
Lease End : Sep 2029
Lease Option: 5 years
Total Floor Area : 176 Square Metres
Franchise : No
Approximate Stock Value : $7,000
Year Purchased : 2014
Year Established : 2014
Days Trading : 5
Staff : 2 Full Time - 4 Casual
Staff Salaries : $195,000
Reason for Sale : Interest elewhere
Location : Macquarie
Business Potential : Corporate Catering, Promotion, update menu
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