SBX Business Brokers Phone : 02 9439 ****

Cafe - Restaurant - Bar - Under Management - Cafe - Restaurant - Haymarket Area - Sales $35,000 p.w.

Listing Id : 266195

Location : New South Wales - Haymarket

Category : Cafe and Coffee Shop

Asking Price : 750,000

Business description

Cafe - Restaurant - Bar - Under Management - City Fringe - Agent SBX Code Number: G1713 Cafe, Bar & Restaurant offering a full breakfast and cafe experience and selling 70 kgs. coffee p.w.. - Converts to a modern & fresh Italian cucina with a bar for lunch & dinner 3 nights p.w. - Serves a range of pastas, paninis and salads for lunch & takeaway and a full dine in menu of modern Italian classics as well for lunch and dinner. - Seating for approx. 60 seats inside & 40 outside on front verandah. Potential Huge potential for growth. - A further 1500 residential units with 4500 tenants due to move in Aug. 2019. - Will be able to open for dinner 7 nights in the future. - An active owner operator could reduce wages. Features Great new location with unlimited potential. - Captured audience with 3500 tenants in the building above. - Great new fit out. - Long lease. - Reasonable rent. Premises This new cafe, bar & restaurant has an area of 120 sq. mts. plus outdoor seating including a full commercial kitchen, walk in cool room & freezer plus large storage. Location Prime location in new Darling Square in City Fringe area under major bank offices & surrounded by both commercial and residential as well as major hotels. Trading Hours 7 days - Mon. - Wed. - 6 a.m. - 5 p.m. - Thurs. & Fri. - 6 a.m. - 10 p.m. - Sat. - 7 a.m. - 1000 p.m. & Sun - 8 a.m. - 4 p.m. Lease 5 + 5 year lease commenced April, 2018. - 4 % annual increases. - 3 month bond. Employees 1 owner (part time) + 1 Manager + 1 chef + 5 front of house + 4 kitchen Comments Miscell. - 1 - GST. - Miscell. - 2 - Other assorted expenses Figures Weekly Sales $35000 Rent (ex GST) $2909 Wages $8000 Profit $9800 Agent SBX Code Number: G1713 - SBX Business Brokers


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