Cafe in Affluent North Shore. Easy Op, 3Bed Upstairs inc

Price: $99,000 Location: North Shore - Upper, NSW Ref: 5106723
Agent:
Jun Chung
Agent Phone:
Office Phone:
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Business Headline :
Cafe in Affluent North Shore. Easy Op, 3Bed Upstairs inc
Price :
$99,000
Category :
Food/Hospitality, Catering, Cafe/Coffee Shop, Takeaway Food
Full Description :

This Cafe is nested in an affluent suburb of the north shore with full of potential.

A spacious internal area in excess of 100sqm approx with 3 Bedroom apartment upstair with potential to sub-let for $600 per week

BE THE FIRST TO INSPECT!

SELLER MUST SELL DUE TO HEALTH ISSUE

BRAND NEW LEASE TO BE OFFERED! – to approved tenant

LESS than 1-year Return!!!

 

LOCATION / EQUIPMENT

  • Wide 2 shop frontage – over 100sqm space
  • Leafy affluent suburb with a strong local community
  • Amongst strip of shops in the centre of a suburb
  • Surrounded by Dry Cleaners, Newsagency and grocery store etc.
  • No direct competition for at least 3Km
  • Hub for the locals.
  • Full Kitchen with Grease trap and Exhaust system

 

POTENTIAL / FEATURES

  • Promotions and changes in the menu would attract more customers
  • Marketing is currently not done due to Owner’s health issue – but certainly, be helpful
  • Currently caters nearby public school’s lunch order
  • More catering would increase revenue
  • online orders and promotion would increase revenue
  • Upstair is included in the lease/rent
  • Move-In or sub-rent it for $600 approx per week – extra revenue
  • Landlord willing to give NEW Lease for potentially approved tenant

 

Easy operation – suitable for a couple or a family wanting to start up a new business.

Or Experienced operator could take it to the next level.

.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5106723#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5106723#enquire-now

Annual Rent : $75,600 - Weekly Rent : $1,454

Annual Turnover : $442,000 - Weekly Turnover : $8,500

Annual Gross Profit : $312,000 - Weekly Gross Profit : $6,000

Annual Ebit : $117,000 - Weekly Ebit : $2,250

Premise : New lease to be provided

Lease Option: 5 + 5 years

Total Floor Area : 100 Square Metres

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $4,000

Year Purchased : 2013

Days Trading : 7

Staff : - 3 Casual

Staff Salaries : $93,600

Reason for Sale : Health Issue

Location : Affluent North shore Suburb

Business Potential : Local Marketing, Catering, Promotions

Parking Comments : 1 car - Included in Rent

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