Cafe - Coffee Shop - Restaurant - Under management. - CB1525

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$225,000

Description

Cafe / coffee shop, restaurant and bar, under Management and well located in popular shopping village, providing a delightful dining experience. The menu revolves around proven popular choices, with all day breakfast, and includes a wide range of egg dishes with many optional add-ons. Lunch menu includes tasty dishes such as Korean Bulgogi beef, sandwiches, salads, pasta dishes, fish and chips, and delicious burgers. The new dinner menu is exciting, and presents an eclectic range of entrees, mains and desserts at very reasonable prices. A full range of beverages are stocked, with coffee sales exceeding 20 kg/week. Complementing the meals, patrons have access to a well-stocked bar, with a wide choice of wines, beers, spirits and cocktails available. The premises have recently had all cutlery replaced, gas hot water upgraded and dishwasher replaced. Kitchen is well-equipped and maintained, with walk-in cool room. - seating for up to 60 people

Potential

Ideal for owner/operator or family - Just re-opened for Friday / Saturday nights, with figures not yet included in financials.

Features

Great location - Very strong local support - Noted for the high quality of staff service - Excellent ratings - Nicely balanced well-priced new menu catering to all tastes.

Premises

Two level premises with a welcoming, vibrant atmosphere and a unique balcony featuring a retractable roof with an area of 124 sq.mts.

Location

Prime location situated on busy main road in a popular shopping strip, with great village atmosphere, on the Upper North Shore.

Trading Hours

6 days - Tuesday to Sunday: 7.30 am. to 2.30 pm. Friday & Saturday: 7.30 am to 10.00 pm. Closed Mon.

Lease

5 year lease commenced March 2024 + 5 years option - CPI increases - Bond 3 month bank guarantee.

Employees

Manager - Chef - 1 part timer - 4 casuals.

Comments

Misc.- 1- General expenses - Managers wage added back to reflect buyer owner/operator - Coffee machine remains the property of supplier - Dog friendly - A wonderful opportunity for the astute buyer to purchase a well established profitable business.

SBX ID

CB1525

Figures
  • Takings: $13800/week (GST)
  • Cost of Goods: $3250
  • Gross Profit: $10550
  • Rent: $1080
  • Wages: $4200
  • Outgoings: $50
  • Telephone: $20
  • Insurance: $30
  • Electricity: $230
  • Gas: $100
  • Misc 1: $250
  • Total Expenses: $5960
  • Nett Profit: $4590
  • Equipment (Included): $100000
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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