Cafe - Takeaway - Gifts - CB1492

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$250,000

Description

Cafe / takeaway and gift shop, occupying impressive 19th century former railway refreshment rooms, and located in a desirable Riverina town with heavy tourist appeal. The business enjoys very strong support from the local community and presents an appealing range of meals and large giftware selection. A blackboard menu details an extensive selection of breakfast choices, with the full range of egg dishes available. Turkish bread snacks for morning and afternoon teas, with well-priced selection of tasty lunch meals, burgers, salads, pastries and cakes very popular. High demand for coffee and teas, with cold drinks available. The kitchen is well-maintained and includes cool room, ample fridges and freezers, combi oven, hot plate and deep fryers. The large display of gift wares and clothes create strong interest and are attractively presented, easily accessed and include exclusive high end labels such as Country Road and Louenhide.

Potential

Establish website - Open Friday and Saturday nights - Promote functions and catering opportunities.

Features

Long established - Excellent reputation for service and quality - Strong local support - Enjoys consistent tourist and visitor interest - Great lease and rent - High demand for catering and functions.

Premises

Delightful premises which were originally used as refreshment rooms for rail travellers, and now house this beautifully adapted cafe with its eclectic gift ware area.

Location

Unique position in picturesque Riverina town, with historic rail connections, and close to large regional city.

Trading Hours

6 days - Monday to Friday: 9.00 am to 3.00 pm. Currently Saturday: 10.00 am to 2.00 pm.

Lease

Lessor is ARTC. Current lease commenced April 2017 + 5 + 5 + 5 years. CPI increases. Bond 3 months.

Employees

1 owner + 3 casuals.

Comments

Liquor license can be renewed - 2 group coffee machine and grinder remain property of supplier.

SBX ID

CB1492

Figures
  • Takings: $8650/week (GST)
  • Cost of Goods: $2900
  • Gross Profit: $5750
  • Rent: $550
  • Wages: $1100
  • Outgoings: $20
  • Telephone: $50
  • Insurance: $15
  • Electricity: $65
  • Total Expenses: $1800
  • Nett Profit: $3950
  • Equipment (Included): $80000
  • Estimated Stock (Additional): $60000
  • All other values ex GST
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