Cafe - Espresso Bar - Foyer - Espresso Bar -takeaway - Under Management - Restaurant - Cafe - Espresso - 2021 Sales $16,100 P.w.- Net $5,263 Pw - 5 Day - Takeaway

Business For Sale Sydney, New South Wales 2000

Business Category

$348,000

Description

Cafe - Espresso Bar - Foyer - Espresso Bar -takeaway - Under Management - Restaurant - Cafe - Espresso - 2021 Sales $16,100 P.w.- Net $5,263 Pw - 5 Day - Takeaway

Cafe - Espresso Bar - Foyer - Espresso Bar -Takeaway - Under Management - Restaurant - Sydney CBD - Agent SBX Code Number: SF1368

Cafe - Foyer - Espresso - Takeaway - Cafe selling 30kgs. of coffee per week. - Coffee machine is at the entrance of the shop - The menu has classic items including full breakfast, salads, sandwiches and wraps as well as Western, Asian and Thai dishes - Full commercial kitchen - Cool room. - 30 seats inside - Pre Covid sales were $20,000 p.w. and this cafe has traded well during 2020

Potential
Trade at night as a Tapas Bar or even a Thai Restaurant - Open Saturday - Do some advertising and marketing - Add a website - Increase social media presence and on line ordering - An owner operator or a couple could increase sales and profit - Foyer cafe with over 440 employees above plus street trade.- Outdoor seating (STA)- Was previously licensed so obtain a license (STA)

Features
Top CBD location with lots of foot traffic - Nothing to spend. - Stunning looking cafe - No outgoings - Under management - Recipes can be provided - Full kitchen and cool room - Was previously licensed

Premises
Foyer cafe with a 12 stories office block upstairs, next to a supermarket and an area of 100 sq. mts. which was fitted out recently with a new custom food display and has a split level area at the back of the shop .

Location
Prominent location in Sydney CBD, close to the tram and train station and surrounded by offices.

Trading Hours
5 days - Mon. - Fri. - 7.00 a.m. - 3.30 p.m.

Lease
Current 10 year lease expires Sep 2028 - 4.5% Increases - Currently $67,904 bank guarantee bond.

Employees
1 x full time Manager ( wage shown in net profit) + 3- 4 casuals

Comments
Misc. 1 - Other general expenses - Outdoor seating was previously available but not in use at present - Great fit out with wood fired Italian pizza oven and new food displays ( The Pizza oven is currently not being used and is included ) - A 3 coffee machine is not included in the sale but can be negotiated - New fridge display valued included at $25K - The Managers wage of $1100 p.w. has been removed from wages and included in net profit as for an owner operator - Rent includes all outgoings and grease trap cleaning. - Sales shown are current and will increase even further in 2021 - A must to inspect but please be discreet-

Agent SBX Code Number: SF1368 - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 529150
Broker REF: SF1368

SBX Business Brokers
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