SBX Business Brokers Phone : 02 9439 ****

Cafe - Foyer - Under Management - Espresso - Sales $20,000 p.w - North Sydney - 5 days - Profit $4571 p.w - Under a 14 story building

Listing Id : 225644

Location : New South Wales - North Sydney

Category : Cafe and Coffee Shop

Asking Price : 448,000

Business description

Cafe - Foyer - Under Management - Espresso - Lower North Shore - Agent SBX Code Number: SF1411 Cafe - takeaway - foyer currently selling **** **** kgs. coffee p.w. - Open for breakfast and lunch and serving a full or light breakfast- Lunch includes burgers, salads, rolls and cold drinks - Fully Licensed - Full kitchen with cool room - 48 seats inside and 12 seats outside Potential An owner operator could save on wages and increase profit - Expand catering -Open at night (STA) Features Great location - Under Management - 5 days - Easy to run - Nothing to spend - Profitable - Good social media presence - Regular customers - Fantastic fit out - Outgoings included in the rent Premises Bustling and busy cafe with an amazing modern fit out - At the main entrance this espresso/cafe also has a storeroom and office and an area of 40 sq mtrs plus foyer seating. Location Foyer cafe with 2 entrances and located below a 14 storey building in the Lower North Shore and only a short distance from the train station - surrounded by other offices Trading Hours .5 days - Mon. - Fri. - 6 a.m. till 4 p.m. Lease Current 10 year lease expires Oct .2**** **** % increases - 6 month bond Employees 1 Manager + 1 fulltimer (Chef) + 5-6 casuals Comments Misc.- 1 - Other General expenses and GST - 4 group coffee machine ( Mega - Greenline Concept worth over $10,000 is fully owned by the vendor) - The 3 grinders are owned by the coffee company - Vendor owns another cafe in the area - Business name and website are by negotiating with the vendor if required . - The managers wage of $1350 p.w. has been removed from wages and shown in profit as for an owner operator- One of our best looking cafes - First time on the market - A must to inspect but please be discreet. Figures Weekly Sales $20500 Rent (ex GST) $1574 Wages $6200 Profit $4571 Agent SBX Code Number: SF1411 - SBX Business Brokers


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