Lobby Style Cafe in busy Sydney CBD precinct, 85kg Coffee/Chocolate pw, 5 days trade.

Price: $1,600,000 Location: Sydney City, NSW Ref: 4261293
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Lobby Style Cafe in busy Sydney CBD precinct, 85kg Coffee/Chocolate pw, 5 days trade.
Price :
$1,600,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Restaurant, Alcohol/Liquor
Full Description :

Prime location within a 30 plus storey tower block and surrounded by numerous high profile office towers.

Key Features:

  • Beautifully appointed, bespoke, modern fit-out with minimalist elements
  • Cafe has excellent seating for 110, perfectly positioned across 205 sqm of lobby space within iconic CBD office towers 
  • 5 Days trade Mon/Wed – 6am-4.30pm; Thur/Fri – 6am-9pm
  • Modest rent $140K exc gst
  • Generous 10 year lease term to Jan 31st 2028
  • On Premises liquor licence
  • Daily menu offerings cater for the busy professional or casual Sydney Sider, covering breakfast and lunch. The Thursday/Friday evening menu includes anti pasta, diner and tapas style cuisines that beautifully complement beverage options.
  • Focus on healthy, organic and wholesome dishes from locally sourced Australian products 
  • Business set up by highly skilled, experienced and reputable operators
  • Business could easily be run under management
  • Strong social media base and outstanding feedback from online review platforms
  • Regular catering

Potential:

  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby  corporates.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4261293#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4261293#enquire-now

Annual Rent : $140,000 - Weekly Rent : $2,692

Annual Turnover : $2,100,000 - Weekly Turnover : $40,385

Annual Gross Profit : $1,470,000 - Weekly Gross Profit : $28,269

Annual Ebit : $668,337 - Weekly Ebit : $12,853

Premise : Leased

Lease Commencement : Jan 2018

Lease End : Jan 2028

Total Land Area : 201 Square Metres

Total Floor Area : 201 Square Metres

Franchise : No

Approximate Stock Value : $15,000

Year Purchased : 2017

Year Established : 2017

Days Trading : 5

Staff : 5 Full Time - 5 Casual

Staff Salaries : $475,000

Reason for Sale : Progress to new venture

Location : Sydney CBD

Business Potential : Potential to build on catering clients using brand’s existing reputation and the abundance of nearby corporates.

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