Well Established Cafe Upper North Shore – High Turn Over

Price: $439,000 Location: Northern Beaches, NSW Ref: 4801500
Agent:
Jun Chung
Agent Phone:
Office Phone:
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Business Headline :
Well Established Cafe Upper North Shore – High Turn Over
Price :
$439,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant
Full Description :

NOT TO BE MISSED

CAFE LOCATED IN AFFLUENT UPPER NORTH SHORE

POPULAR WITH LOCAL COMMUNITY

 

This business is located in a new, modern and boutique shopping centre located in the Upper North Shore.

Growing area with high traffic. Well established for over 2 years!

FEATURES:

  • Located in small but exclusive shopping centre in the Upper North Shore

  • Well established with strong customer base

  • 8 years of lease remaining

  • Seating for 65 or more customers

  • Full kitchen with large working space

  • Low competition

  • Well Known Branded Coffee beans

OPPORTUNITIES:

  • Solid business with very consistent high T/O every week

  • Shopping Centre is only a few years old and still growing with an increasing customer base

  • Catering opportunities for surrounding businesses

  • Online ordering to compete with current market

Suitable for first time business buyers as all the HARD WORK is done – make money from DAY 1.

Experienced operators can also invest and take this successful business to next level.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4801500#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4801500#enquire-now

Annual Rent : $145,700 - Weekly Rent : $2,802

Annual Turnover : $1,092,000 - Weekly Turnover : $21,000

Annual Gross Profit : $819,000 - Weekly Gross Profit : $15,750

Annual Ebit : $329,784 - Weekly Ebit : $6,342

Premise : Leased

Lease Commencement : Feb 2017

Lease End : Feb 2025

Total Floor Area : 100 Square Metres

Franchise : No

Approximate Stock Value : $5,000

Year Purchased : 2017

Year Established : 2017

Days Trading : 7

Staff Salaries : $306,800

Reason for Sale : Other Interests

Location : Upper North Shore

Business Potential : Marketing, Promotions

Parking Comments : Shopping Centre Parking

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