Cafe- Espresso Bar- Takeaway - M2278

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$150,000

Description

<p>Cafe-espresso bar selling 25-30 kgs premium coffee p.w. and serving delicious breakfast and lunch menu including bacon and eggs brekkie, smoked salmon and eggs benedict, burgers, wraps and salads etc. Well equipped kitchen with all modern facilities include ample freezer and fridge capacity.- 25 seats inside and 25 seats outside. - Newly painted shop Own coffee and grinder machine with cheap coffee beans orders. The takings includes two companies regular orders and the bill is paid monthly.</p>

Potential

Promote local market. - Extend catering business to surrounded office buildings. - Add hot food on hot food bar in the shop ( currently the hot bar is closed ). Ideal for family business and first business buyers.

Features

Good location.- Long established. Stable income.- Same owner 18 years.-Short trading days and hours.- New 10 years available. Great growth potential.

Premises

Modern designed and well presented shop with an area approx. 80 sqm with commercial kitchen plus 25 sqm exclusive outside seating area.

Location

Great location under large office building in Lower North Shore business centre.

Trading Hours

5 days - Mon - Fri. - 6:30 a.m. - 3 p.m.

Lease

Current lease expires Aug. 2028. - A new 5 + 5 year lease is available. -4% annual increases - Bond is 3 or 6 months depending on the qualifications of the new tenant.

Employees

One owner plus 1 chef + 1 kitchen hand + 1 waitress. Total wages includes super.

Comments

<p>The rent includes all outgoings and outside seating area licence fee. - Insurance $110 includes business insurance and workers cover. A well located and great looking cafe with tremendous growth potential. Same owner since 2008. Well priced for quick sale. the vendor will consider all reasonable offers. All figures will be reviewed on meeting. Inspection is highly recommended. Please be discreet when visiting the business.</p>

SBX ID

M2278

Figures
  • Takings: $10000/week (GST)
  • Cost of Goods: $2650
  • Gross Profit: $7350
  • Rent: $1679
  • Wages: $2991
  • Insurance: $110
  • Electricity: $200
  • Gas: $35
  • Total Expenses: $5015
  • Nett Profit: $2335
  • Estimated Stock (Additional): $3000
  • All other values ex GST
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