Cafe - Takeaway - G1807

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$495,000

Description

Well established cafe & takeaway selling approx. 25 kgs. coffee p.w. serving a wide selection of breakfast rolls & wraps, eggs any way, toasties, pancakes & an assortment of healthy smoothies and assorted cold and hot beverages. Lunch offers a range of burgers, gourmet sandwiches, rolls & wraps plus an offering of steak, lamb cutlets, chicken schnitzel & barramundi with chips & salad. - Indoor seating for 45 & 8 outside.

Potential

There is a large number of students living in the area and there is potential to open longer hours and evenings for dinner trade. - Could do more marketing aimed at the local student population.

Features

Well established business. - Long lease and reasonable rent. - Plenty of storage. - Fully equipped kitchen. - Wide choice of well-priced menu options. - Good profitability - Dominant corner position .

Premises

This business has an area of approx. 120 sq mts with fully equipped kitchen, walk in cool room, large storage area, toilets.

Location

Well located in the Eastern Suburbs on a busy main road and close to, University, Randwick Racecourse & residential area.

Trading Hours

7 days - Monday to Friday: 6 am to 2 pm. Saturday & Sunday: 7 am to 2 pm.

Lease

5 year + 5 year lease commenced Ma, 2023. - 3 month bond. - 3% annual Increases.

Employees

1 owner + 4 staff

Comments

Miscel - 1 - BAS & Super

SBX ID

G1807

Figures
  • Takings: $17135/week (GST)
  • Cost of Goods: $5840
  • Gross Profit: $11295
  • Rent: $1730
  • Wages: $3406
  • Telephone: $20
  • Insurance: $86
  • Electricity: $500
  • Gas: $200
  • Misc 1: $924
  • Total Expenses: $6866
  • Nett Profit: $4429
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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