Cafe - Takeaway - G1792

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$145,000

Description

Cafe that has been a local institution for more than 15 years. The business is an award winning cafe offering quality coffee and spectacular seasonal food. Organic and health-conscious all-day dining in a polished venue with murals and street-side tables. Seating for 40 inside & 20 outside.

Potential

Huge potential for an experienced owner operator to increase sales back to Pre Covid figures (over $30K PW). - A motivated full time owner could reduce wages and increase profits

Features

Well established business. - Well located on busy main road. - Outdoor seating is free of charge since they are under building complex. - Experienced chef has been with cafe for 15 years. - Long lease.

Premises

The premises includes 2 shops in a complex building (approx 150 sq mts) plus 2 storage areas, 2 toilets & 2 car parks.

Location

Prime location on a main road in the Eastern Suburbs close to schools and local court.

Trading Hours

7 days - Monday to Friday: 7 am to 3.00 pm. Saturday and Sunday: 7 am to 2.30 pm.

Lease

5 + 5 year lease commenced 2021 - 3 months bond & 3% annual increases.

Employees

1 part time owner (2 days pw) + 4 full timers + 2 casuals

Comments

The figures for this business assumes that a full time owner operator has replaced one of the existing staff.

SBX ID

G1792

Figures
  • Takings: $15000/week (GST)
  • Cost of Goods: $3750
  • Gross Profit: $11250
  • Rent: $3000
  • Wages: $4660
  • Telephone: $25
  • Insurance: $120
  • Electricity: $250
  • Misc 1: $200
  • Total Expenses: $8255
  • Nett Profit: $2995
  • All other values ex GST
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