SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****




Foyer Cafe - Bar - Espresso - Under Management - Great cafe

Listing Id : 209857

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 1,188,000

Business description

Foyer Cafe - Bar - Espresso - Under Management - Sydney CBD - Agent SBX Code Number: SF1390SFJ Cafe - foyer - bar selling breakfast and lunch including breakfast burgers, sandwiches, salads, wraps, seafood, fish and chips, pasta, pastries, desserts, fresh juices and cold drinks. - Currently doing 60 - 65 kgs. coffee p.w. - Full state of the art kitchen with cool room. - Fully licensed with a large seating area and great views of the city - 120 seats inside - 20 seats in the foyer Potential Great venue for functions, office and private parties - Promote wine sales - An owner operator could increase sales and reduce wages - Expand the catering side of the business. Features Long lease - Very upmarket and high quality cafe - Exciting opportunity with tremendous potential - Large seating area - No nights - Equipment in very good condition - Low food costs - Profitable Premises This cafe has a great fit out with a storage room and foyer seating area and an area of approx. 150 sq. mts. Location Foyer location below a 32 level office building and in a 4 level shopping mall / arcade with two entrances. Trading Hours 7 days - Mon. - Fri. - 6.30 a.m.- 5 p.m. - Sat. - 8 a.m. - 4 p.m. - Sun. - 9 a.m. - 4 p.m. Lease Current lease expires June, 2**** **** + 5 year option - C.P.I. increases - 4 month bond. Employees 1 Manager + 5 fulltimers + 4 parttimers + 2 casuals Comments Misc.- 1 - Other general expenses - Coffee machine is owned by the coffee company - $350k worth of new equipment purchased in Jan 2016 - Brilliant opportunity to buy a busy cafe in the centre of the CBD. - A must to inspect but please be very discreet and contact your broker for more details. Figures Weekly Sales $33100 Rent (ex GST) $3100 Wages $7400 Profit $10650 Agent SBX Code Number: SF1390SFJ - SBX Business Brokers


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