Cafe - Coffee Shop - Restaurant - Under Management. - CB1527

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$777,500

Description

Cafe / coffee shop, and restaurant, long established, and featuring a perfect blend of breakfast and lunch selections that cater to diverse tastes and dietary needs. The comprehensive and diversified breakfast menu offers all the popular egg dishes plus a variety of toasts, croissants, cereals and fruit bowls. All day menu also includes sweets and a large and excellent choice of sandwiches and wraps. A spacious seated restaurant area is ideally situated to enjoy the well-priced lunch choices which revolve around an Italian themed menu, with pastas, protein extras and a wide selection of exciting salads. Great coffee sales of 40kg per week with a busy bar providing cocktails, wine and beers. The very strong inquiry, motivated by the large range of services provided, is enjoyed by the business, which can provide a chef if required, and which has been met by an updated website.- 33 seats inside - 12 seats outside. - Licensed.

Potential

Very strong inquiry exists for catering, which has led to a new, state of the art website starting in February 2026 - Possible open for dinner.

Features

Long established - Great location - Excellent reputation for quality food and service - Good lease and rent - Under Management - Attractive hours of operation.

Premises

Attractive and inviting premises with vibrant decor, open plan kitchen, and offering a choice of areas for coffee and dining.

Location

Premier ground floor, corner position, in large office building in the heart of Sydney CBD.

Trading Hours

5 days - Monday to Friday: 6.00 am to 3.30 pm.

Lease

Current lease commenced June 2023 + 5 years option - Increases 3% - Bond 6 months. - Landlord open to extending lease.

Employees

1 Manager - 1 head chef - 2 full timers - 7 casuals.

Comments

Misc.- 1 - Website & internet fees - Manager's wage included in financials and not added back - The cafe is known for its exceptional customer service and friendly staff, enhancing the overall dining experience.

SBX ID

CB1527

Figures
  • Takings: $34300/week (GST)
  • Cost of Goods: $10500
  • Gross Profit: $23800
  • Rent: $2200
  • Wages: $10200
  • Telephone: $50
  • Insurance: $150
  • Electricity: $400
  • Gas: $100
  • Misc 1: $250
  • Total Expenses: $13350
  • Nett Profit: $10450
  • Equipment (Included): $500000
  • Estimated Stock (Additional): $25000
  • All other values ex GST
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