Restaurant - Cafe - Takeaway - Italian Cuisine - SF1584

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$348,000

Description

Cafe - Restaurant - Takeaway and currently serving fresh Italian food including pastas, salads, seafood, steaks, desserts, cold drinks and coffee. - Fully licensed with an on premise license - Fully equipped and modern kitchen - 60 seats inside and 40 alfresco seats outside - New renovation with coffee area completed and the business now open for day trade as well from February 2022 - Equipment list available

Potential

Could open more hours - Vendor has already started to build up the coffee and takeaway side of the business - Increase social media presence - Suit any cuisine.

Features

Great location - Well established - Local favourite - Full stainless steel kitchen fit out - Low rent - Wide footpath and good alfresco seating area - In a shopping village

Premises

Single storey cafe on shopping strip with alfresco dining and wide street pavement, plenty of parking and an area of 209 m2

Location

Situated in a busy shopping village strip with cafes, retail, restaurants and close to the train station on a busy main road in the South of Sydney

Trading Hours

5 days - Tues. - Thurs. - 6 p.m. - 10 p.m and Fri. & Sat. - 6 p.m. - 11 p.m. -Lunch Fri, Sat and Sun 8 am - 3 pm

Lease

Current lease expires Sept. 2027 + 3 year option - CPI yearly increases - 3 month bond

Employees

2 owners (Wages shown in profit) + 1 apprentice + 1 part time +. 4-6 casuals

Comments

Misc.- 1 - Other general expenses and GST.- The coffee machine is owned by the vendor - First time on the market in 10 years. Vendor has already started to build up the coffee and takeaway side of the business -

SBX ID

SF1584

Figures
  • Takings: $18500/week (GST)
  • Cost of Goods: $5300
  • Gross Profit: $13200
  • Rent: $932
  • Wages: $3500
  • Outgoings: $100
  • Telephone: $20
  • Insurance: $173
  • Electricity: $250
  • Gas: $92
  • Misc 1: $1100
  • Total Expenses: $6167
  • Nett Profit: $7033
  • Estimated Stock (Additional): $8000
  • All other values ex GST
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