SBX Business Brokers Phone : 02 9439 ****

Cafe - Restaurant - Takeaway - Low rent with no competition

Listing Id : 268911

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 550,000

Business description

Cafe - Restaurant - Takeaway - North West Sydney - Agent SBX Code Number: GJT1**** **** Cafe - restaurant - takeaway serving Modern Australian and Middle Eastern cuisine - 20 kgs. coffee p.w. - Opens for breakfast and lunch, bacon and egg rolls, eggs on toast, chicken and beef burgers, wraps, salads, pancakes, yoghurt granola, hummus, Middle Eastern varieties, quinoa, porridge, tortilla and vegan salad. - 40 seats inside - 60 seats outside. Potential Could extend hours.- Could apply for liquor licence - Potential to increase bookings and functions including birthday parties, christenings, corporate parties. - Currently most functions are charged at an average $50 per head - Add deliveries, Uber Eats, Menulog, Deliveroo Features Great location - No competition - Low rent - Currently run under semi management. Premises This business has an area of 185 sq. mts. Location Situated in North West Sydney. Trading Hours 7 days - Mon. - Fri. - 9 a.m. - 4 p.m. - Sat. and Sun. - 8 a.m. to 4 p.m. Lease Current 5 + 5 year lease commenced March 2019. - 3.5% C.P.I. increases - 6 month bond Employees 1 part time owner (10-15 hours p.w.) +. 3 full timers + 6 casuals Comments Misc.- 1 - Council seating and waste removal charges - Misc.- 2 - GST - Function takings approx. $70k per year. - Great opportunity to secure a solid cashflow business with very low rent. Figures Weekly Sales $15898 Rent (ex GST) $579 Wages $4200 Profit $5138 Agent SBX Code Number: GJT1**** **** - SBX Business Brokers


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