Cafe, Upper North Shore, Liquor Licence, Easy Operation

Price: $160,000 Location: Hills, NSW Ref: 4779221
Agent:
Jun Chung
Agent Phone:
Office Phone:
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Business Headline :
Cafe, Upper North Shore, Liquor Licence, Easy Operation
Price :
$160,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Alcohol/Liquor, Takeaway Food
Full Description :

Situated in a suburban shopping centre, this Cafe was given a complete refurbishment in 2018.

Serving modern, but simple food and premade cakes and pastries, this cafe is popular with local residents.

The business features:

  • Brand new fitout
  • 7 day trading
  • Long lease, Dec 2019 plus 2 x 5 year options
  • Liquor licence
  • Full kitchen
  • Simple menu
  • 3 month rental bond
  • Approx 12kg coffee per week

Seating 32 inside and 15 outside, the Cafe could utilise it’s liquor licence and trade into the evenings.

Opportunity exists to increase catering offering.

The owner spends his time between this business and another that he owns. An owner operator could give this business more attention and take it to another level.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4779221#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4779221#enquire-now

Annual Rent : $51,290 - Weekly Rent : $986

Annual Turnover : $550,000 - Weekly Turnover : $10,577

Annual Gross Profit : $395,000 - Weekly Gross Profit : $7,596

Annual Ebit : $156,000 - Weekly Ebit : $3,000

Premise : Leased

Lease Commencement : Jan 2018

Lease End : Dec 2019

Lease Option: 5 + 5 years

Total Floor Area : 80 Square Metres

Franchise : No

Approximate Stock Value : $8,000

Year Established : 2018

Days Trading : 7

Staff : 2 Full Time - 2 Casual

Staff Salaries : $143,000

Reason for Sale : Committed elsewhere

Business Potential : Trade evenings to utilise liquor licence, Increase catering and coffee sales

Parking Comments : Shopping centre parking

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