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




Cafe - Restaurant - Great location

Listing Id : 245486

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 100,000

Business description

Cafe - Restaurant - Lower North Shore - Agent SBX Code Number: FN1118 Cafe - restaurant currently selling 15 kgs. coffee p.w. as well as an all day breakfast and lunch menu including sandwiches, wraps, burgers, pizza, salads, cakes and cold drinks- Fully licensed - Full kitchen with top of the line equipment including a combi oven, walk in cool room and ice cream maker etc. - 50 seats inside and 20 seats outside. - Selling below fitout cost Potential Expand on catering and deliveries - Continue to grow this very new business - Can open for dinner - Can change to any cuisine including Asian. Features Lots of foot traffic - Brilliant location - Plenty of parking - Excellent long lease - No outdoor seating fee - Nothing to spend. - With on premise liquor license until 10p.m. Premises Brand new modern foyer cafe with an area of 100m2 inside and 100m2 outside plus large storage area. Location Situated on a busy street next to a hotel, a hospital and surrounded by residential in the Lower North Shore. Trading Hours 7 days - Mon. - Fri. - 7 a.m.- 330 p.m. - Sat. - Sun. - 8 a.m.- 330 p.m. Lease Current lease expires June 2**** **** + 5 + 5 year option - 4% increases - 3 month bond Employees 1 owner + 2 casuals Comments This cafe was renovated in 2017 with $400K renovation cost. - Price included $150K equipment - Coffee machine is owned by the coffee company. - The sales are expected to increase with potential to double. - Breakfast available for the nearby hotel guests and lots of catering opportunities. - Owner is selling at less than fit out cost - A must to inspect - Huge potential - Not being sold on figures. Figures Weekly Sales $7000 Rent (ex GST) $2**** **** Wages $1500 Profit $1346 Agent SBX Code Number: FN1118 - SBX Business Brokers


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