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Cafe - Espresso - Cremorne Area

Listing Id : 231320

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 179,000

Business description

Cafe - Espresso - Lower North Shore - Agent SBX Code Number: G1670 Cafe - espresso bar selling 25 - 30 kgs. of coffee p.w. - This well established cafe offers a seasonal, very current & comprehensive all day breakfast menu & fresh wholesome lunches. - pastas, burgers, wraps, pre-made sandwiches, salads. - Serving a selection of coffee, teas, milkshakes, house-made fresh juices as well as a range of cakes & pastries. - Seating 22 inside & 35 seats outside courtyard. Potential Could open longer hours to take advantage of the evening cinemas - Could offer a catering menu for the local businesses - Recently listed on Uber Eats which will grow the business. Features Same owner for last 14 years - Simple cafe operation - Easy to run - Well established & consistent turnover - Regular clientel. Premises This business has an area of 62 sq. mts. inside plus courtyard area on the lease. Location Well located in the heart of a suburb in the Lower North Shore near shops, cinemas, residential & commercial. Trading Hours 7 days - Mon. - Sat. - 600 a.m. - 330 p.m. & 700 a.m. - 330 p.m. on Sundays. Lease 3 year lease commenced 2015 + 3 + 3 year options - 4% annual C.P.I. increases. - 3 months bond. Employees 1 owner + 2 fulltimers + 1 casual Comments Miscell. - 1 - GST paid on BAS. - Turnover has increased - Price has been reduced as owner is motivated to sell. Figures Weekly Sales $12000 Rent (ex GST) $1545 Wages $3000 Profit $3787 Agent SBX Code Number: G1670 - SBX Business Brokers


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