Skip to main content

Food, Beverage & Hospitality business for sale in Ultimo

  • Food, Beverage & Hospitality
  • Ultimo NSW 2007
  • $730,000 (GST na)

Coffee and sandwiches near Sydney CBD TAFE

Situated in the aorta of Sydney's largest TAFE of 55,000 students

The store growing from strength to strength and currently trading at $23,000 p/week with the net profit around the $8,500 p/week.

The Greatest and uncompromised location with great exposure, 49 plus outdoor seating in park-like style paved and super clean tree studded area plus a few tables inside.

Trading only : 5 days Monday- Friday: from 6.30am 3.00pm for only 48 weeks per annum.

?Shop area approx. 130 sqm, cool room, toilets, office, garage, great spotless ,kitchen, grease trap, ventilation and all that is needed to operate this great profitable business.

?An extra-long lease of 4+5+5 years and a reasonable rent of $1,460 p/w. inclusive of GST and minimal amount for out goings of $290. p/w.

?Low COGS 25%

Coffee sales between 27-30kg p/w

?Offering customers healthy food options and with such a great location, in close proximity to thousands of students, tradies and corporates, this business is suitable for a family with willingness to increase trading hours to accommodate TAFE evening hours and weekends, as well as catering for local residents will lead to additional revenue.

?At the moment the stored operates with two owners, plus
3x fulltime staff and one casual.

Wages total to approx. $4,000 p/w.

Audited books tax books available

For further information and to arrange an inspection please call

Fivos Yiasemides.

mbl. 0400 859984

Phanos Yiasemides
Phanos Yiasemides
Fivos Business Sales & Real Estate

Business Highlights

Business ID2017117754
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  7 Jul 2021
Map for Ultimo NSW 2007
Map for Ultimo NSW 2007Ultimo NSW 2007
Phanos Yiasemides
Phanos Yiasemides
Fivos Business Sales & Real Estate

Business Highlights

Business ID2017117754
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  7 Jul 2021
1 Penrose Place Menai NSW 2234
Phanos Yiasemides
Phanos Yiasemides
Fivos Business Sales & Real Estate
Phanos Yiasemides

Phanos Yiasemides

Fivos Business Sales & Real Estate

Call Broker
0400859984
CallEmail