Lobby Style Cafe in busy Parramatta CBD precinct, 46kg Coffee/Chocolate pw, 5 days

Price: $385,000 Location: Parramatta, NSW Ref: 4231070
Agent:
Jp Sinh
Agent Phone:
Office Phone:
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Business Headline :
Lobby Style Cafe in busy Parramatta CBD precinct, 46kg Coffee/Chocolate pw, 5 days
Price :
$385,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant
Full Description :

Established for almost 20 years, this Cafe is located under a 10 storey office building (est 1,200 people), with a 25 storey building (est 4,000 people) directly accross the road in the Parramatta CBD, Government Precinct. Several large Government departments have long term leases in these buildings.

  • 5 Days (5.30am to 3.30pm)
  • Long lease, 5 x 5 expires 2029
  • Low rent, less than 10% of turnover
  • Seating for 40 indoors and 40 outdoors
  • Simple, yet popular Cafe menu means no need for an expensive chef, a good cook will do
  • Serving 40kg coffee and 6kg chocolate/chai per week
  • Regular catering
  • Use of adjacent conference room means marketing opportunities for corprate meeting catered for by Cafe

This business ticks all the boxes. Get in quick and enquire today.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4231070#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4231070#enquire-now

Annual Rent : $80,000 - Weekly Rent : $1,538

Annual Turnover : $925,000 - Weekly Turnover : $17,788

Annual Gross Profit : $647,500 - Weekly Gross Profit : $12,452

Annual Ebit : $250,000 - Weekly Ebit : $4,808

Premise : Leased

Lease Commencement : Jul 2019

Lease End : Jul 2024

Lease Option: 5 years

Current Outgoings pa: $6,000

Total Floor Area : 200 Square Metres

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $5,000

Year Purchased : 2008

Year Established : 2000

Days Trading : 5

Staff : 3 Full Time - 3 Casual

Staff Salaries : $208,000

Reason for Sale : Change of career

Location : Parramatta CBD

Business Potential : Upgrade menu, Trade longer hours

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