Cafe - Bakery - Takeaway -Under Management - W1949

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$595,000

Description

Bakery and inviting Korean style cafe serving exceptional culinary offerings. The cafe features a minimalist decor that creates a cosy atmosphere, perfect for enjoying a leisurely coffee or dessert. Customers rave about the signature pistachio cream latte, with its rich, nutty flavour and smooth, velvety cream topping, making it a must try for anyone visiting. Also popular are maple pecan croissants, choux (black sesame, green tea, strawberry, etc.) cakes (black sesame, choc cream, blueberry), tarts (pistachio, taro etc.), cold and hot drinks, milkshakes, yogurt smoothies. - Cafe has full range of bakery equipment.- 42 seats inside - 4 seats outside - Coffee sales 40 kg. p.w.

Potential

New owner couple or family could save on wages and make much higher profit. Add to menu fruit juices. Increase local marketing for catering services, which are gaining popularity

Features

Excellent shop fittings - Bright and pleasant.- Prime location. - All items are fresh and tasty. Extremely high sales and low rent. High Google rating 5.0 - High coffee sales. -Very popular and famous bakery cafe under management.

Premises

This business has an area of 180 sq. mts. and has a baking factory with full baking equipment.

Location

Situated on cafe, restaurant strip on busy main road in Inner West.

Trading Hours

7 days - Monday to Sunday: 6:00 am to 9:00 pm.

Lease

Current lease expires May 2030 - Bond 3 months - Rent increases by 3.5% per year

Employees

Fully under management - 1 Manager + 3 full timers + 15 part timers,

Comments

Cost of goods includes packing materials. - 95% bakery done at shop. Upstairs subleased (Rent $1,514/week, outgoing $182/week). - Working owner can make much higher profit. - A must inspection - Due to other business operations owner wants to sell quick. Staff not aware so inspections only through your SBX broker.

SBX ID

W1949

Figures
  • Takings: $43000/week (GST)
  • Cost of Goods: $12900
  • Gross Profit: $30100
  • Rent: $2865
  • Wages: $15000
  • Outgoings: $524
  • Insurance: $311
  • Electricity: $550
  • Gas: $175
  • Total Expenses: $19425
  • Nett Profit: $10675
  • Estimated Stock (Additional): $25000
  • All other values ex GST
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