Cafe - Takeaway- Freehold - FN1357

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$2,800,000

Description

<p>Rare opportunity to purchase both the freehold property and the established cafe business located directly opposite main railway station in Sydney's Upper North Shore.</p><p>This well-known local cafe operates as a breakfast, brunch and takeaway venue, serving a modern cafe menu including:eggs on toast and classic breakfast plates, bacon, egg & hash rolls and breakfast wraps, burgers including cheeseburger and Korean fried chicken burger, fish & chips and wedges, philly cheesesteak sandwiches, chicken and roast pumpkin salad.</p><p>The cafe also sells specialty coffee with approx. 40 kg of coffee beans per week, attracting regular commuters and local residents. - The property overall is 196 sq.mts, has a rear street frontage, with the shops occupying approx. 77 sq.mts. It features a pet-friendly undercover outdoor seating area in the backyard with 18 outdoor seats and 32 indoor seats. The business operates with a full kitchen, including an exhaust and grease trap, cool room, storage room</p>

Potential

Increase social media marketing- Target nearby schools and local residents- Extend trading hours to increase sales- Potential to introduce dinner service-Suitable for chef / barista couple or hospitality investor

Features

Freehold property included in the sale- Strong local following- High Google rating- Easy customer access and excellent visibility

Premises

Total property area approx. 196 sqm with the cafe occupying approx. 77 sqm including:fully equipped commercial kitchen, exhaust & grease trap, cool room, storage room, rear undercover outdoor seating area

Location

Prime street-front location directly opposite railway station, situated in a high-growth Upper North Shore residential area with strong local support and regular commuter traffic.

Trading Hours

6 days - Monday to Saturday: 6:00 am to 3 pm.

Lease

5 + 5 new lease available - 3 months bond - CPI increases

Employees

1 owner + 2 full timers + 2 casuals

Comments

<p>Freehold opportunities in this location are extremely rare in Upper North Shore suburbs - The prominent main street location underpins the strong property value, with an owner/operator of the successful cafe ensuring a positive income. - The cafe business is available for sale on stand alone basis at a cost of $300k.</p>

SBX ID

FN1357

Figures
  • Takings: $17000/week (GST)
  • Cost of Goods: $5000
  • Gross Profit: $12000
  • Rent: $2000
  • Wages: $4000
  • Outgoings: $150
  • Telephone: $20
  • Insurance: $30
  • Electricity: $100
  • Gas: $100
  • Total Expenses: $6400
  • Nett Profit: $5600
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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