Cafe – Outstanding location with modern fit out

Price: $179,000 Location: Parramatta, NSW Ref: 4922582
Agent:
David Ciantar
Agent Phone:
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Business Headline :
Cafe – Outstanding location with modern fit out
Price :
$179,000
Category :
Food/Hospitality, Retail, Cafe/Coffee Shop, Food/Beverage, Retailer
Full Description :

This cafe has spared no expense as far as fit out is concerned. The very best of materials such as terrazo, marble, concrete and timber have been used together to provide a very modern and inviting kiosk cafe. The cafe is in an excellent location at the mouth of the retail in level 5 of Parramatta Westfields. 

This centre is the largest in NSW and boasts some excellent foot traffic. The kiosk is centrally located outside of the Woolworths, Vodafone and Lowes area of level 5.

The Rosey Rabbit opened in 2018, and is showing great steady growth. The menu has been designed to cater for all people’s tastes, and has an excellent range of breakfast, brunch, snacks and beverages. 

The major points about the business are as follows:

  • Business only 7 months old
  • Over 25kg of coffee usage per week- Toby’s Estate Coffee
  • 25 convenient seats located outside of kiosk
  • Loyal coffee customers who frequent the business daily
  • Fair rent for the location – with 4.5 years left on lease
  • Simple food prep
  • Experienced staff in all facets of the business

The business is priced well to sell, and has absolutely nothing to spend. Owners are developing another concept and will assist the new owner to suceed.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4922582#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4922582#enquire-now

Annual Rent : $100,000 - Weekly Rent : $1,923

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

Annual Gross Profit : $390,000 - Weekly Gross Profit : $7,500

Annual Ebit : $70,000 - Weekly Ebit : $1,346

Premise : Leased

Lease Commencement : May 2018

Lease End : Apr 2023

Current Outgoings pa: $15,000

Total Land Area : 50 Square Metres

Total Floor Area : 30 Square Metres

Franchise : No

Approximate Stock Value : $3,000

Year Purchased : 2018

Year Established : 2018

Days Trading : 7

Staff : 1 Full Time - 4 Casual

Staff Salaries : $130,000

Property Url : www.theroseyrabbit.com.au

Reason for Sale : moving on to new venture

Location : Western Sydney

Business Potential : Day part sales and food sales

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