Excellent Cafe Crows Nest. Priced to sell.

Price: $99,000 Location: North Shore - Lower, NSW Ref: 4357971
Agent:
Eddie Spurr
Agent Phone:
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Business Headline :
Excellent Cafe Crows Nest. Priced to sell.
Price :
$99,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Alcohol/Liquor
Full Description :

Key Features:

  • Superb location, great exposure to pedestrian foot traffic and easy access for cars to park in street.
  • Beautifully appointed recent fit-out with minimalist, clean, crisp and modern elements.
  • Creative menu featuring signature salads, fresh juices, Poke bowls, great coffee and specialty lattes. Perfect vegan and vegetarian options.
  • Serving approx. 30kg coffee per week.
  • Up to 10 year lease term available. 
  • Active Liquor Licence and DA til 12pm enabling night time trade 
  • Outstanding feedback from online reviews.
  • Extensive promotions have been undertaken to market the venue through Facebook and Instagram platforms.
  • Lease includes the use of 2 upstairs offices and two tandem car parks (total 4) at the rear of the shop.
  • Site has handy rear lane access for deliveries.
  • Currently operating 7 days, Mon-Fri 9am-4pm. Weekends 8am-4pm
  • Cafe has excellent seating for 30 and is in prime position on the lively Willoughby Road strip
  • Business set up by skilled, experienced and reputable operators with commitment and passion for good quality food.

Potential

  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and RNS hospital.
  • 2 offices and 4 car spots can generate an additional $20K+ rental income per annum. 
  • Increase daily trading hours leveraging off liquor licence.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4357971#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4357971#enquire-now

Annual Rent : $83,000 - Weekly Rent : $1,596

Annual Turnover : $520,000 - Weekly Turnover : $10,000

Annual Gross Profit : $364,000 - Weekly Gross Profit : $7,000

Annual Ebit : $170,000 - Weekly Ebit : $3,269

Premise : Leased

Lease Commencement : Dec 2016

Lease End : May 2020

Total Land Area : 66 Square Metres

Total Floor Area : 66 Square Metres

Total No of Parking : 4

Franchise : No

Approximate Stock Value : $2,000

Year Purchased : 2016

Year Established : 2016

Days Trading : 7

Staff : - 4 Casual

Staff Salaries : $89,760

Reason for Sale : Family Commitment

Location : Crows Nest

Business Potential : • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby businesses and RNS hospital • 2 offices and 4 car spots can generate an additional $20K+ rental income per annum. • Increase daily trading hours leveraging off liquor licence.

Parking Comments : 4 cars - Site owns 4 car spots plus abundant street parking

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