Cafe - Takeaway - M2218

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$380,000

Description

Cafe - takeaway selling 30-35 kgs premium coffee, home made pastries, burgers, fresh juices, smoothies, kids meal etc. also offers selection of delicious breakfast and lunch menu. Open plan kitchen. 36 seats inside and 26 seats outside. Busy trading times are weekends. Established many years and has become a local favourite cafe with high reputation.

Potential

Could open dinner or trade special family/school functions and birthday parties etc. Add home delivery. Promote marketing. Ideal for family business.

Features

Long and well established for many years. - One of Sydney internet celebrity cafes with tasty food and high quality coffee. - Loyal customers from local and other areas. - Low rent with long lease. - Stable income and profit. - Growth potential.

Premises

Well presented and relaxing atmosphere cafe with light filled dining room in an area approx. 120 m2 including cool room and storage area.

Location

Situated on a corner in a residential area in Inner West suburb close to famous private school.

Trading Hours

7 days - Monday to Friday: 7 am to 3 pm. Saturday & Sunday: 8 am to 3 pm. Closed public holidays and 2 weeks Xmas holidays.

Lease

5 + 5 years lease commenced March 2023. - 3% annual increases. - 3 months bond.

Employees

Two owners plus 2 full-timers + 5-6 casuals.

Comments

The rent includes outgoings. Misc.- 1-Refers to bank fees, water usage and rubbish bill. - Net profit includes the owners wage of $2542. This well known cafe is a champion of Inner West Sydney cafe scene. A life style business offering a great investment opportunity. Don't miss out.

SBX ID

M2218

Figures
  • Takings: $18500/week (GST)
  • Cost of Goods: $5200
  • Gross Profit: $13300
  • Rent: $880
  • Wages: $4880
  • Telephone: $20
  • Insurance: $90
  • Electricity: $200
  • Gas: $150
  • Misc 1: $300
  • Total Expenses: $6520
  • Nett Profit: $6780
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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