Espresso Bar, Hunters Hill. 40kg coffee. Prime position.

Price: $378,000 Location: Northern Suburbs, NSW Ref: 4374789
Agent:
Eddie Spurr
Agent Phone:
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Business Headline :
Espresso Bar, Hunters Hill. 40kg coffee. Prime position.
Price :
$378,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food
Full Description :

Key Features:

  • Superb location, great exposure to foot traffic and easy access for cars to park in street or customer car park.
  • Perfect alfresco seating for 20 in the outdoor courtyard enjoying light, warmth and all day sun.
  • 40kg coffee / hot choc per week.
  • Simple, profitable menu for both eat in / grab & go options. Features paninis, wraps, muffins and a popular range of breakfast and lunch items from poached eggs, burgers, schnitzels etc.
  • Highly popular with locals, tradies, teachers/students from the nearby GPS school and staff from local businesses and nursing facilities.
  • Very attractive low rent $36K per annum exc gst
  • Clean, modern fit out. 
  • Generous lease term to September 2022.
  • Business set up by very skilled, experienced and reputable operator with commitment and passion for good quality food.
  • Outstanding feedback from online review platforms.
  • Currently operating 7 days.

Potential:

  • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby opportunities from businesses, the GPS school and other institutions.
  • The kitchen could easily support a variation in the current menu based on owner’s creative ambitions.
  • Potential to build on Uber Eats demand that is already gaining popularity.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4374789#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4374789#enquire-now

Annual Rent : $36,000 - Weekly Rent : $692

Annual Turnover : $850,000 - Weekly Turnover : $16,346

Annual Gross Profit : $595,000 - Weekly Gross Profit : $11,442

Annual Ebit : $312,500 - Weekly Ebit : $6,010

Premise : Leased

Lease Commencement : Sep 2016

Lease End : Sep 2018

Lease Option: 4 years

Total Land Area : 35 Square Metres

Franchise : No

Approximate Stock Value : $2,500

Year Purchased : 2012

Year Established : 2012

Days Trading : 7

Staff : - 1 Part Time - 5 Casual

Staff Salaries : $200,000

Additional Notes : Shop has excellent 30 sqm shared store room

Reason for Sale : Reduce travel time Sutherland to Northern Suburbs

Location : Hunters Hill

Business Potential : • Potential to build on catering clients using brand’s existing reputation and the abundance of nearby opportunities from businesses, the GPS school and other institutions. • The kitchen could easily support a variation in the current menu based on owner’s creative ambitions. • Potential to build on Uber Eats demand that is already gaining popularity.

Parking Comments : Customer car park plus street parking

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