Cafe - Takeaway - M2204

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$220,000

Description

Cafe - takeaway selling average 25-30 kgs of premium coffee. It is a branch destination that provides specialty coffee and contemporary menu items such as fried chicken burger and beef brisket on brioche etc. Has a large deck area with plenty of outside seating, open plan and comfortable surrounds. The takings include some catering orders by surrounding companies. - 10 seats inside and 50 seats outside. - The weekly takings shown are $13,000 (shop sales ) + sublease income of $1320 p.w.

Potential

Could increase trading hours on weekend. Could open for dinners. Promote marketing. Extend catering business. A hand on a full time owner operator could save on wages and increase profit due to the current owner only work 4 days a week.

Features

A lovely comfortable cafe. Well established for 7 years. Regular customers. Well known to locals. New and long lease with low rent. Extra net income of $1320 p.w. from sublease. Great potential for a full time owner operator. Well priced.

Premises

Well presented and unique designed shop with indoor and outdoor seating with an area approx. 120 m2.

Location

Situated behind the main shopping street and next to large customers parking area of major supermarket in Inner West suburb.

Trading Hours

7 days - Monday to Friday: 7:30 am to 3 pm. Saturday: 8 am to 3 pm. Sunday: 8 am to 2 pm.

Lease

New 7 years commenced 17th December 2023. - 2.5% annual increases. 3 months bond. -Signed 3 year sublease to burger business started 5th Jan,2023 with 2.5% annual increases (trading hours 4p.m. -midnight)

Employees

One owner ( working 4 days ) + 3 full-timers and 2 casuals

Comments

The weekly rent of $1140 includes GST and outgoings and the sublease rent of $1320 includes GST pw.. A good cafe waiting for a good buyer. Inspection is highly recommended.

SBX ID

M2204

Figures
  • Takings: $14320/week (GST)
  • Cost of Goods: $3900
  • Gross Profit: $10420
  • Rent: $1140
  • Wages: $4000
  • Telephone: $20
  • Insurance: $80
  • Electricity: $200
  • Gas: $110
  • Misc 1: $100
  • Total Expenses: $5650
  • Nett Profit: $4770
  • Estimated Stock (Additional): $4000
  • All other values ex GST
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