Established Cafe Parramatta. Operated under management.

Price: $199,000 Location: Parramatta, NSW Ref: 4973703
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Established Cafe Parramatta. Operated under management.
Price :
$199,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Catering, Takeaway Food
Full Description :

This large cafe in the Parramatta Westfield has been operating successfully for over 7 years, now priced to sell.

Key features:

  • Modern fitout, appealing booth and table arrangement.
  • Functional kitchen, cool room and freezer storage.
  • Perfect position. Tranquil haven within busy Westfields.
  • Large, unencumbered equipment list.
  • Liquor licence.
  • Cafe has great seating for 70 customers.
  • Innovative, high margin, low COGS menu.

Potential:

  • Possible opportunities to grow include increasing coffee sales from the current 22kg per week.
  • Increase catering.
  • An owner operator could possibly improve overall cafe performance.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4973703#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4973703#enquire-now

Annual Rent : $165,412 - Weekly Rent : $3,181

Annual Turnover : $830,000 - Weekly Turnover : $15,962

Annual Gross Profit : $680,000 - Weekly Gross Profit : $13,077

Annual Ebit : $300,000 - Weekly Ebit : $5,769

Premise : Leased

Lease Commencement : Dec 2015

Lease End : Dec 2022

Lease Option: 5 years

Total Floor Area : 97 Square Metres

Franchise : No

Approximate Stock Value : $5,000

Year Purchased : 2012

Days Trading : 7

Staff : 2 Full Time - 2 Part Time - 4 Casual

Staff Salaries : $192,500

Reason for Sale : other interests

Location : Parramatta Westfield

Business Potential : Increase catering, Menu variation

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