Well Estab Cafe, under management, low rent, South West SYD
Well Established Local Cafe Business!
FULLY SETUP AND ESTABLISHED CAFE TO RUN OR MANAGE
All the hard work to set up this popular local cafe has been done.
A brand new cafe, currently turning over $22,000 per week
Low rental risk, with Weekly Rent of $830 – 8.5 years left on the lease
- Already established and operating a business
- Business asset more than $800K
- Annual turn over more than $1.14M
- Fully trained and operating locally selected employees
- Full Management
- Full supports and annual updates of new menu
- Well known locally and on Social Media
- Full Kitchen and possible to apply for a license if required
This Business is suitable for local investors and operators as well as foreign investors seeking for 188 VISA.
This business is set up for investors to apply for Investment Visa 188 but anyone can purchase and run it owner operator or under management
It ticks all the boxes to apply for the VISA.
Current team will be assisting all throughout the process.
For details, please contact us directly to receive the full details and conditions of the purchase and process.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4881709#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4881709#enquire-now
Annual Rent : $43,200 - Weekly Rent : $831
Annual Turnover : $1,248,000 - Weekly Turnover : $24,000
Annual Gross Profit : $787,436 - Weekly Gross Profit : $15,143
Annual Ebit : $260,000 - Weekly Ebit : $5,000
Premise : Leased
Lease Commencement : Jul 2018
Lease End : Jun 2021
Lease Option: 3 + 3 years
Franchise : No
Approximate Stock Value : $5,000
Year Purchased : 2018
Year Established : 2018
Days Trading : 7
Staff : 1 Full Time - 9 Casual
Staff Salaries : $390,000
Reason for Sale : Visa Application
Location : Kogarah
Business Potential : Visa Application support. Full management
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