SBX Business Brokers Phone : 02 9439 ****

Espresso Bar - Cafe - Bar - Cafe - Espresso Bar - Sales - $22,000 pw - 5 days - Sydney CBD 2000

Listing Id : 269424

Location : New South Wales - Sydney

Category : Cafe and Coffee Shop

Asking Price : 698,000

Business description

Espresso Bar - Cafe - Bar - Sydney CBD - Agent SBX Code Number: F33**** **** Cafe - Espresso Bar selling 70 kgs. of premium coffee p.w., fabulous breakfast including bagels, fruit salad, a range of toasts and muesli etc. - . A simple lunch menu includes chicken parmigiana, filo pastry, battered fish and chips, delicious burger options, salads, steak sandwiches, gourmet sandwiches. - Both hot and cold drinks as well as a great list of beers, wines and spirits from the bar located downstairs. - **** **** seats inside.Brand new $500k fit out ( depreciation allowance approx $40 k per annum ) .For further information please contact your broker , please donot approach the owner or staff of the business. Potential True potential to develop the bar area side of the business, particularly on Friday evenings. - Do more social media advertising on both face book and instagram.Opportunity to open weekends. Features High volume coffee sales - Low weekly rent for the location. - Financial figures available for serious buyers.FULL LIQUOR LICENCE 7 days 10am - MIDNIGHT . Premises Full compact kitchen and takeaway area upstairs and downstairs fully fitted bar area and a total area of 125 sq. mts. Location Prime street front location amongst some of the most prestigious high rise buildings in Sydneys CBD. Trading Hours 5 days - Mon. to Fri. - 6 a.m. to 4 p.m. Lease Current lease expires on 30.09.2019 + a further 6 year option - 4 % annual rental increases - 6 month rental bond . Employees One working owner + 1 cook + 1 kitchen hand + 2 casuals . Comments The vendor owns the coffee machine but not the grinder .Busy early Breakfast trade inc Eggs , Bacon ( located next to 5 star Hotels , Australia Square & Curcular Quay ( TOURISTS ) . Figures Weekly Sales $22000 Rent (ex GST) $2339 Wages $3500 Profit $7000 Agent SBX Code Number: F33**** **** - SBX Business Brokers


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