Cafe -Takeaway - Freehold Available - FN1366

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$300,000

Description

<p>Well known local cafe operating as a breakfast, brunch and takeaway venue serving a modern cafe menu including eggs on toast and classic breakfast plates, bacon, egg and 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 kgs. of coffee beans per week, attracting regular commuters and local residents. 22 seats inside - rear undercover outdoor seating area 18 seats.</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

Strong local following - High Google rating - Easy customer access and excellent visibility - Freehold purchase option available.

Premises

Total property area of approx. 196 sq. mts. with the cafe occupying approx. 77 sq.mts. including full equipped commercial kitchen, exhaust & grease trap, cool room, storage room.

Location

Prime street front location directly opposite railway station situated in a high growth Upper North Shore residential area.

Trading Hours

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

Lease

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

Employees

1 owner + 2 fulltimers + 2 casuals

Comments

<p>Rare opportunity to secure a well established cafe business in a tightly held Upper North Shore location. The cafe business is available for sale separately at $300,000, while purchasers also have the option to acquire the freehold property together with the business for $2,800,000.</p>

SBX ID

FN1366

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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