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