Cafe - Restaurant - Takeaway - M2245

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$330,000

Description

Cafe / restaurant serving Modern Australian cuisine consisting of all day breakfast and lunch menu with tasty coffee and food. Busy on weekends. Full kitchen with cool room. 60 seats inside and 20 seats outside.

Potential

Could open 7 days. Could trade two dinners p.w. to restore previous takings $24000 p.w.- Liquor license allowed to trade till 11pm. Could add home delivery through internet platforms to increase sales.

Features

Good location. Long established. Stunning fit out. A relaxed atmosphere place. Local favourite cafe. Huge growth potential. Licensed

Premises

Modern designed and well presented cafe with an area approx. 220 m2 including a large function room and 60 m2 large store room upstairs.

Location

Nestled in peaceful area in affluent suburb of Inner West.

Trading Hours

6 days - Tuesday to Friday: 6:30 am to 3 pm. Saturday& Sunday: 7 am to 3 pm. Monday closed.

Lease

Current lease expires May 2025 + 5 year option. - 3% annual increases. - 6 months bond.

Employees

Two owners ( 1 working part-time and the other is barista working 4 days ) plus 1 chef + 1 kitchen hand + 2 waitresses and 1 casual barista.

Comments

Misc.- 1- Rubbish . - Misc.- 2- Bank fees. A great local cafe with huge growth potential. Urgent sale. Keen vendor will consider any reasonable offer.

SBX ID

M2245

Figures
  • Takings: $16500/week (GST)
  • Cost of Goods: $4200
  • Gross Profit: $12300
  • Rent: $2532
  • Wages: $4500
  • Outgoings: $71
  • Telephone: $20
  • Insurance: $50
  • Electricity: $440
  • Gas: $157
  • Misc 1: $80
  • Misc2: $60
  • Total Expenses: $7910
  • Nett Profit: $4390
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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