Cafe - Takeaway - Under Management - M2232

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$180,000

Description

Cafe / takeaway serving 25 kgs of premium coffee, home made pastries and offering tasty breakfast and lunch menu. Welcome and relaxing atmosphere. Comfortable seats 50 inside and 6 outside. Full kitchen. The profit shown is based on a full time owner working in the business to reduce staff wages, current wages are $5000 per week without owner working.

Potential

Promote local marketing. Could add home delivery. Could open for dinner to increase sales. A hands on motivated owner full time working in the business could save wages and make more profit.

Features

Perfect location in affluent area. Spacious and nice looking shop. Low rent. huge growth potential with experienced and passionate operator. Well priced to sell.

Premises

Modern and unique designed cafe with an area approx. 200 m2 with large seating area and large commercail kitchen.

Location

Prime location in small shopping village in affluent area of North Shore.

Trading Hours

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

Lease

5 years commenced November 2022. CPI increases. 3 months bond. Long lease can be negotiable with landlord.

Employees

Fully under management with 10 full time, part-time and casual staff.

Comments

A good cafe in a good area. Current owner can not speak good English, the business is run by staff and caused high wages. The business takings were $25,000 p.w. before Covid 19. Huge growth potential to return to previous thriving business. Don't miss this good buy opportunity.

SBX ID

M2232

Figures
  • Takings: $12000/week (GST)
  • Cost of Goods: $3450
  • Gross Profit: $8550
  • Rent: $1440
  • Wages: $3500
  • Outgoings: $135
  • Telephone: $20
  • Insurance: $70
  • Electricity: $300
  • Gas: $130
  • Misc 1: $100
  • Total Expenses: $5695
  • Nett Profit: $2855
  • Estimated Stock (Additional): $4000
  • All other values ex GST
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