Lobby Cafe – Long lease, cheap rent, North Shore
Lobby Cafe located in Lower North Shore with no direct competition nearby.
Priced at under 1-year return. Simple 5 days a week operation.
The vendor is keen to sell due to other business commitment.
Currently on FULL management but owner-operator would benefit the business by focusing on customer service and upgrading the items on the menu.
- LOW rent @ $650 – less than 10% of revenue
- Long lease remaining – 9 years
- Bonus car park space included in rent – currently used as storage space
- 5 days business
- The owner can run with 1 or 2 casuals – simple to run
- Almost new fit-out
- A spacious interior as well as a large outdoor seating areas
- No cooking required
- No other cafes nearby
- Located on the busy main road on Lower North Shore
- Corporate offices and medical office/surgeries nearby
- Walking distance to the station but away from the main crowd – no direct competition
Would suit a barista starting up a cafe or first-time business purchasers.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5157525#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=5157525#enquire-now
Annual Rent : $34,035 - Weekly Rent : $655
Annual Turnover : $364,000 - Weekly Turnover : $7,000
Annual Gross Profit : $282,601 - Weekly Gross Profit : $5,435
Annual Ebit : $128,700 - Weekly Ebit : $2,475
Premise : Leased
Lease Commencement : Mar 2018
Lease End : Feb 2023
Lease Option: 5 years
Total Floor Area : 72 Square Metres
Total No of Parking : 1
Franchise : No
Approximate Stock Value : $3,000
Year Purchased : 2011
Year Established : 2011
Days Trading : 5
Staff : - 1 Part Time - 1 Casual
Staff Salaries : $52,000
Reason for Sale : Other Interests
Location : Lower North Shore
Business Potential : Marketing, Promotions & caterings
Parking Comments : 1 car - Included in Rent
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