SBX Business Brokers Phone : 02 9439 ****

Cafe - Espresso - Great business

Listing Id : 245711

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 450,000

Business description

Cafe - Espresso - Sydney CBD - Agent SBX Code Number: GJ1448 Cafe with stunning fitout and appealing outdoor area. - Serves breakfast, lunches, has a salad bar and sandwich bar. - Coffee sales have been growing and are currently 40 kgs.p.w. - Lots of opportunity to expand catering and refresh the menu. - Full kitchen - 50 seats outside - 50 seats inside - This has been a great cafe for many years and has improved its performance in the last couple of years. Potential Expand catering trade. - Can trade 7 days if you wish. - 20,000 new office workers next door by 2**** **** with 4 new buildings being constructed. - Currently vendor is enjoying the extra trade from the construction workers. Features High profile position. - Stunning fitout - Wide street frontage. - Well established Consistently good performer in turnover and profits. - Great long term lease. Premises This business has an area of 200 sq. mts. with excellent set up. Location Prime Sydney CBD location densely populated by office workers. Trading Hours 5 days - Mon. to Fri. - 6 a.m. - 4 p.m. Lease Current lease runs until April 2**** **** + 5 + 5 yr options. - Bond 3 months - 4% C.P.I. rent increases per annum. Employees 1 full time owner operator + 4 front of house + 3 kitchen + 1 part timer Comments Miscell. - 2 - sundries and GST. - Currently negotiating with landlord to reduce rent. Figures Weekly Sales $25000 Rent (ex GST) $4385 Wages $**** **** Profit $5000 Agent SBX Code Number: GJ1448 - SBX Business Brokers


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