SBX Business Brokers Phone : 02 9439 ****

Cafe - Takeaway - Long lease

Listing Id : 245583

Location : New South Wales - Kingsford

Category : Cafe and Coffee Shop

Asking Price : 195,000

Business description

Cafe - Takeaway - Eastern Suburbs - Agent SBX Code Number: M2017 Cafe selling 30 kgs. coffee p.w., sandwiches, cakes, salads and all day breakfast. - 45 seats inside and outside. -Business excellence award issued by local council in 2017. Potential The business has huge potential to grow after City light rail completion and the shopping street will be transformed to walking street. - More developments and apartments will be built near by. - The business suits husband and wife team to reduce wages. Features Good location. - Well known by locals. - Low rent with long lease. - Potential plus. Premises Well presented shop with an area of approx. 50 m2. Location Street front location in Eastern Suburbs close to University. Trading Hours 7 days - Mon. - Fri. - 6 a.m.- 5 p.m. - Sat. -Sun. - 7 a.m.- 4 p.m. Lease 7 + 7 year lease commenced July, 2014 - 3% annual increases. - 3 months bond. Employees One owner ( working 4-5 hours a day ) + 2 full time staff + 3 casuals. Comments The rent includes all outgoings. - Misc.- 1- rubbish and grease trap and other general business expenses. - Current owner only works part time in the business. - Great potential. - A good buy opportunity.. Figures Weekly Sales $8500 Rent (ex GST) $915 Wages $3300 Profit $1710 Agent SBX Code Number: M2017 - SBX Business Brokers


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