Cafe - Espresso Bar - Takeaway - Low Rent - PM1087

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$470,000

Description

<p>This Espresso Cafe was established 18 years ago and is supported by a well-established strong local following. The business delivers consistent profits, driven by a fantastic low rent, with a long secure lease, making it an ideal opportunity for an owner-operator or experienced hospitality buyer.- The cafe offers a modern twist on classic cafe favourites, The comprehensive and simple 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. Currently doing approximately 30 kgs of coffee per week - This cafe has 36 seat alfresco dining area.</p>

Potential

Fantastic opportunities awaits - Could open on weekends - Extend existing hours - Obtain a Liquor Licence and commence evening trade - This cafe represents the ideal opportunity for energetic, experienced operators with new ideas that can bring this business to the next level.

Features

Fantastic lease term with extremely low rent - Established loyal clientele - Very profitable

Premises

Small efficient easy to operate kitchen with a lovely alfresco setting for the patrons. Sliding power operated louver roof.

Location

Established location at the bottom of an office building in bustling Bondi Junction. Surrounded by office and residential high-rises.

Trading Hours

5 days - Monday to Friday: 6 a.m to 4 p.m

Lease

Lease commenced 01/10/24 - Expires 30/09/29 + One 5 yr option - CPI Increases - Bond $6600. - Extremely low rent.

Employees

2 Owners & 2 Casual

Comments

SBX ID

PM1087

Figures
  • Takings: $13000/week (GST)
  • Cost of Goods: $3900
  • Gross Profit: $9100
  • Rent: $464
  • Wages: $3700
  • Telephone: $12
  • Insurance: $23
  • Electricity: $140
  • Total Expenses: $4339
  • Nett Profit: $4761
  • Equipment (Included): $50000
  • Estimated Stock (Additional): $3000
  • All other values ex GST
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