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Food, Beverage & Hospitality business for sale in Dee Why

  • Food, Beverage & Hospitality
  • Dee Why NSW 2099
  • $198,000 (GST na)

Amazing Water Front Cafe- Under Management, Well Established

Business Headline : Amazing Water Front Cafe- Under Management, Well Established
Price : $198,000
Category : Food/Hospitality, Cafe/Coffee Shop, Restaurant, Takeaway Food
 
NOT TO BE MISSED
HIGH TURN OVER / GREAT LEASE
BEAUTIFUL WATER-FRONT CAFE 
 
Opportunity to purchase well established cafe/restaurant with high average weekly turnover of $42,700 per week.
Current owner has other interests and has commitments elsewhere. Currently runs under management.
Excellent reviews on Tripadvisor websites and has a good reputation to locals and also a popular place to dine for tourists.
All finacial figures are available. 
<p style=\"text-align: left;\">FEATURES:


  • Prime corner location with beach front

  • Well established and currently running under full management

  • Long lease

  • Fully licensed

  • Popular and well known place for locals and tourists


LOCATION:

  • Affluent northern beaches with water front view

  • Great corner location


PREMISE/EQUIPMENT:

  • High standard and well decored - 222 sqm

  • 80 seats inside & 40 outside.

  • Full kitchen with well maintained equipments

  • Just under 9 years of lease remaining


This business is suitable for people with experience in the same or a similar industry.
 
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4851818#enquire-now Annual Rent : $257,868 -
Weekly Rent : $4,959
Annual Turnover : $2,470,830 -
Weekly Turnover : $47,516
Annual Gross Profit : $1,648,342 -
Weekly Gross Profit : $31,699
Annual Ebit : Not Disclosed -
Weekly Ebit : Not Disclosed
Premise : Leased
Lease Commencement : Dec 2017
Lease End : Sep 2022
Lease Option:
5 years
Current Outgoings pa: $29,900
Total Floor Area : 222 Square Metres

Franchise : No
Year Purchased : 2016
Year Established : 2007
Days Trading : 7
Staff :
3 Full Time - 4 Part Time
Staff Salaries : $787,296
Reason for Sale : Other business interests
Business Potential : Open for breakfast, online ordering/delivery

Business Highlights

Business ID2015179448
Floor Area222m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  18 Apr 2019
Map for Dee Why NSW 2099
Abba Group
Level 1, 183 Harris Street Pyrmont NSW 2009

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