Excellent Cafe & Eatery – Summer Hill

Price: $165,000 Location: Inner West, NSW Ref: 4930971
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Excellent Cafe & Eatery – Summer Hill
Price :
$165,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant
Full Description :

Key Features:

  • Superb location, great exposure to pedestrian foot traffic and easy access for cars to park in front and side streets.
  • Appealing fit-out and ambience. Modern with rustic elements.
  • Strong reputation and brand attained from owner’s passion, skill and commitment to good quality food.
  • Cafe has excellent seating for 135 including shop front alfresco, inhouse and charming rear courtyard.
  • A new lease term can be tailored to buyer’s requirements.
  • Creative menu based on Modern Australian Breakfast and Lunch.
  • Outstanding feedback from online review platforms.
  • Local Business Award winner – Inner West 2016 and 2017.
  • Currently operating 7 days, 7am-6pm. (DA is til 9pm)
  • Serving approx. 35kg coffee/hot choc per week.

Potential:

  • Build on catering clients using brand’s existing reputation and the abundance of nearby businesses.
  • Build on UberEats demand.
  • Increase daily trading hours.

 

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4930971#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4930971#enquire-now

Annual Rent : $89,800 - Weekly Rent : $1,727

Annual Turnover : $650,000 - Weekly Turnover : $12,500

Annual Gross Profit : $520,000 - Weekly Gross Profit : $10,000

Annual Ebit : $208,000 - Weekly Ebit : $4,000

Premise : Leased

Lease Commencement : Mar 2015

Lease End : Mar 2020

Lease Option: 5 years

Total Land Area : 120 Square Metres

Franchise : No

Approximate Stock Value : $2,500

Year Purchased : 2015

Year Established : 1987

Days Trading : 7

Staff : 2 Full Time - 3 Casual

Staff Salaries : $182,000

Reason for Sale : Travel

Location : Summer Hill

Business Potential : Increased catering, increase hours, Uber Eats / Deliveroo

Parking Comments : Surrounding Streets

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