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Convenience - Cafe - Takeaway - Under Management - Two businesses in one

Listing Id : 236271

Location : New South Wales

Category : Convenience Stores

Asking Price : 280,000

Business description

Convenience - Cafe - Takeaway - Under Management - North West Sydney - Agent SBX Code Number: FQ1111 Convenience store with two levels - Ground floor sells grocery items, fruits, hygiene products, cigarettes, beverages, confectionery, ice cream, pharmacy items, mobile recharges etc. - Cafe on second level seats 80 and serves hot beverages, approx. 7kg of coffee p.w., cakes, muffins, sandwiches etc. Potential The cafe space on the 2nd floor is currently under utilised and could operate a full menu restaurant or cafe. - Option to sublease to another operator - Convert the upper floor for office use or sub-lease for other uses (STA) Features Prime location with regular clients - Low rent- Recent fitout - Long lease Premises Two level premises with a total area of 200 sq. mts. Location Situated in prime location on the ground floor of a a large apartment complex with 900 residents in Lower North Shore. Trading Hours 7 days - Mon. - Sun. - 600 a.m. - 1200 p.m. Lease Current lease expires May, 2**** **** + 5 + 5 year options. - Annual 4% C.P.I. increases - 3 months bond. Employees 1 owner + 2 fulltimers + 1 casual Comments Misc. - 1 - Eftpos merchant fees. - Misc. - 2 - GST & tax obligations. - Currently the cafe is managed by convenience store employees on demand, and not operating as a fully functional cafe. - The business is currently under management - a new owner can save significantly on wages if owner operated. - May suit family or couple or investor. - Rent and lease is for both levels. Figures Weekly Sales $24000 Rent (ex GST) $1100 Wages $6500 Profit $4285 Agent SBX Code Number: FQ1111 - SBX Business Brokers


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