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Cafe - Espresso - Takeaway - Restaurant - Popular cafe

Listing Id : 233087

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 193,000

Business description

Cafe - Espresso - Takeaway - Restaurant - Sydney City Fringe - Agent SBX Code Number: FQ1105 Cafe serving trendy and modern fusion menu of lunches such as vermicelli noodles, duck crepe, french toasts, muesli, mandarin salads, Thai omelettes, chicken & pork burgers etc. - Also serves 25- 30 kgs.coffee p.w., gourmet hot beverages and a delectable selection of cold drinks such as cold-press juices, smoothies etc. -Customers are mostly City dwellers, university students and upmarket residents. Huge online following on Instagram and Facebook. - Excellent reviews on Google. Potential Can open earlier during weekdays to capture coffee sales from working professionals - Extend trading hours to evening and introduce dinner options. -Can apply for liquor licence Features Excellent location. - Large following on social media - Rave reviews online. Premises Small, cozy and stylish cafe with very modern and minimalist design of 30 sq.mts. with a recent refurbishment. Location Situated in a trendy and upmarket precinct close to the city and near the university. Trading Hours 7 days - Mon. - Fri. - 700 a.m. - 400 p.m.-Sat. - Sun. - 800 a.m. - 400 p.m. Lease Current lease expires Sept. 2018 + 3 year option. - C.P.I. annual increases. - 6 months bond. Employees 1 owner + 1 fulltimer + 4 casuals Comments Cafe adjoins a major eatery with communal seating space. - Immediate seating area is approx. 60 seats. - Cafe seats 15 on the inside. - Business is currently under management and is operated by a corporation.- Not a franchise. - Profit assumes 1 full time owner working. - Electricity usage is covered by landlord. - Gas used in cafe is cylinder gas, not pipe gas. - Miscell. -1 - refers to Eftpos and merchant facility fees - Miscell. -2 - refers to GST and other tax payments. Figures Weekly Sales $10000 Rent (ex GST) $1150 Wages $2700 Profit $2570 Agent SBX Code Number: FQ1105 - SBX Business Brokers


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