Cafe - Espresso Bar - Takeaway - M2234

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$160,000

Description

Cafe / takeaway serving 25 kgs of premium coffee p.w. and offering a variety of breakfast and lunch menu including avocado toast, eggs benedict, sandwiches and burgers etc. It is a modern and cozy atmosphere with indoor and outdoor seating options. The business set up cost was around $250k in year 2019. Currently added new ice machine, toast machine and deep fry machine. - 32 seats

Potential

Could add home delivery. Promote local marketing. A full time owner operator could increase sales and make more profit.

Features

Perfect location. No direct competition. Regular customers . Local favourite cafe. Long lease with reasonable rent. Well priced for quick sale.

Premises

Modern designed and well presented cafe with an area approx. 45 m2 plus outside seating area.

Location

Prime location under commercial building surrounded by companies and group of high rise apartments in City Fringe opposite a large green park.

Trading Hours

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

Lease

5 + 5 years lease commenced November 2023. - 4% annual increases. - 6 months bond.

Employees

One owner ( working 3-4 days and other days Tafe study ). plus 5 casual staff.

Comments

Misc.- 1- Refers to bank fee and rubbish bill. A great and profitable local cafe in Inner City area. A must to inspect.

SBX ID

M2234

Figures
  • Takings: $11000/week (GST)
  • Cost of Goods: $3700
  • Gross Profit: $7300
  • Rent: $1500
  • Wages: $2100
  • Outgoings: $128
  • Telephone: $20
  • Insurance: $42
  • Electricity: $180
  • Gas: $30
  • Misc 1: $150
  • Total Expenses: $4150
  • Nett Profit: $3150
  • Estimated Stock (Additional): $4000
  • All other values ex GST
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