Modern Upmarket Italian Cafe, Bar – CBD 5 Days

Price: $995,000 Location: Sydney City, NSW Ref: 4812364
Agent:
Michael Vale
Agent Phone:
Office Phone:
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Business Headline :
Modern Upmarket Italian Cafe, Bar – CBD 5 Days
Price :
$995,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Alcohol/Liquor, Catering
Full Description :

Based in an alfresco dining court in the midst of a large corporate CBD block, this business draws on the thousands of corporate employees walking past daily. 

Seating approximately 50 inside and 50 outside there is a European feel to this busy caffe.

The main features include:

  • 5 day trading
  • liquor licence
  • Italian styled menu
  • great CBD location
  • strong corporate clientele 
  • good lease with no pavement lease as outside space included in rent
  • downstairs storeroom
  • experienced team operating business
  • option to put under full management 
  • opportunity to grow catering
  • comprehensive handover to new owner

If you want more information about this great CBD business do not hesitate to contact us today.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4812364#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4812364#enquire-now

Annual Rent : $234,000 - Weekly Rent : $4,500

Annual Turnover : $2,500,000 - Weekly Turnover : $48,077

Annual Gross Profit : $1,750,000 - Weekly Gross Profit : $33,654

Annual Ebit : $520,000 - Weekly Ebit : $10,000

Lease Commencement : Mar 2017

Lease End : Mar 2027

Total Floor Area : 120 Square Metres

Approximate Stock Value : $15,000

Days Trading : 5

Staff : 5 Full Time - 8 Casual

Staff Salaries : $684,000

Reason for Sale : Committed elsewhere

Business Potential : Trade 7 days - Catering

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