SBX Business Brokers Phone : 02 9439 ****

Cafe - Bar - Under Part Management - Unique trendy coffee and wine bar - Lower North Shore - Rent $880 pw

Listing Id : 261220

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 199,000

Business description

Cafe - Bar - Under Part Management - Lower North Shore - Agent SBX Code Number: GJ1461 Cafe & bar (wine bar), European influenced with Australian cuisine. -. Specialises in platters for lunch and dinner. - They cook their own baguettes and pastries onsite in combi oven, serve European wines & cocktails, and offer event evenings - These are bookings only and always booked out at $35-$50 per head - . Primary liquor license for serving alcohol without food - Serves only premium products. - During the day, primarily a cafe and vendors are moving to reducing day trading and increasing the evening bar trading as it is the most profitable. - 35 seats inside - 15 seats outside. Potential Could add Wed. and Sun. afternoon trading. - Sunday night trading would require an extension on the liquor license. - Advertise more using instagram and facebook. - Can serve alcohol without food. Features Promotes event evenings which are always sold out. - Unique trendy coffee bar and wine bar - Very popular with the locals - Facebook presence. Premises Trendy euro style bar & cafe with small stainless steel kitchen, air conditioned, toilet, and an area of 50 sq. mts. Location Busy local shopping centre with bar located on the outside in high profile location in Lower North Shore Trading Hours 7 days - 3 nights - Mon. -Tues. -Wed. - 6.30 a.m.- 3.30 p.m. - Thurs. -Fri. - 6.30 a.m. - 10 p.m.-Sat. -7.30 a.m. - 10 p.m. - Sun. - 8 a.m.- 2 p.m. Lease Current lease expires 30 / 11 / 2**** **** + 3 + 2 year options - Bond 3 months - Increments CPI + 1.5% Employees 1 chef + 1 barista + 2 casuals + (2 part time owner operators managing only). Comments Outdoor seating and fold back front windows. - Gas is available. - Business is packed out Thursday and Friday evenings each week. - Wages include super and PAYG. -This business is still in growth mode - Projected annual turnover $5**** **** ,**** **** based on first nine months of trading - Great opportunity.- Figures Weekly Sales $97**** **** Rent (ex GST) $880 Wages $3365 Profit $1661 Agent SBX Code Number: GJ1461 - SBX Business Brokers


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