Cafe-Espresso Bar-Takeaway-Under Management - M2238

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$115,000

Description

Cafe / espresso bar with a bright and inviting atmosphere, sells 15-20 kgs of premium coffee per week and offers fresh and tasty breakfast, brunch and lunch menus including eggs benedict, salmon bagel, ham & cheese croissants and bacon & egg rolls etc. Open kitchen. Light cooking. 24 seats inside and outside. The takings include around $300 for home delivery through Uber.

Potential

Could extend trading hours to 4 p.m. Promote local market. Ideal for a motivated owner operator to boost sales and profit. Also suits first business buyer

Features

Good location. Trendy cafe. Regular customers. Easy operation. New 6 years lease. Under management. Well priced for quick sale.

Premises

Stylish and cosy cafe with an area of approx 45 m2.

Location

Situated on trendy eating street in Inner West suburb.

Trading Hours

7 days: 7 am to 2 pm.

Lease

3+3 years lease commenced March 2024. 3% annual increases. 3 months bond.

Employees

Under management- One Manager + 2 casuals

Comments

Misc.- 1-Refers to rubbish, bank fee, general business expenses etc. A lovely cosy cafe with growth potential for a motivated owner operator or first time buyer. A must to inspect.

SBX ID

M2238

Figures
  • Takings: $7600/week (GST)
  • Cost of Goods: $2000
  • Gross Profit: $5600
  • Rent: $974
  • Wages: $2400
  • Telephone: $20
  • Insurance: $56
  • Electricity: $200
  • Misc 1: $150
  • Total Expenses: $3800
  • Nett Profit: $1800
  • Estimated Stock (Additional): $3000
  • All other values ex GST
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