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Food, Beverage & Hospitality business for sale in Castle Hill

  • Food, Beverage & Hospitality
  • Castle Hill NSW 2154
  • SOLD - Price Withheld

Established Cafe in the Heart of Castle Hill - Price Reduction - WIWO - New lease - Owner wants sold by Christmas

Business Headline : Established Cafe in the Heart of Castle Hill - Price Reduction - WIWO - New lease - Owner wants sold by Christmas

Price : $65,000

Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant

This long established Cafe in Castle Hill is being offered for sale for the first time in 8 years.

Key Features:

Currently selling 13kg coffee per week.

The low rental includes one undercover parking, caged storeroom and outgoings.
Comes with a full kitchen.
Rent includes GST and outgoings

Potential:

Catering is definately an option to grow takings.
Trading hours can be extended to evenings and 7 days if required.

The menu is simple, but delicious! Serving hamburgers, sandwiches, salads and wraps. You do not need to be a chef to run the kitchen, good home cooking skills should suffice. Do not hesitate, book an inspection today before the business is sold!

Current owners are looking at an interstate seachange. Closes Public holidays and 2-3 weeks at Christmas.

Landlord has advised he will consider further lease options or new lease for experienced buyer.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3789322#enquire-now
Annual Rent : $42,036 -
Weekly Rent : $808

Annual Turnover : $ -
Weekly Turnover : $6,500

Annual Gross Profit : $243,000 -
Weekly Gross Profit : $4,673

Annual Ebit : $100,000 -
Weekly Ebit : $1,923

Premise : Leased

Lease Commencement : Oct 2012

Lease End : Oct 2022

Current Outgoings pa: $4,200

Total Floor Area : 65 Square Metres

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $4,000

Year Purchased : 2011

Year Established : 2005

Days Trading : 6

Staff :
1 Full Time - 2 Casual

Reason for Sale : Seachange - relocating to Qld

Location : Captive market within a commercial tower in central Castle Hill

Business Potential : Potential to increase catering and trading hours to maximise profit.

Business Highlights

Business ID2013759525
Floor AreaAsk Business Broker
Category
Last updated  17 Jan 2019
Map for Castle Hill NSW 2154
Map for Castle Hill NSW 2154Castle Hill NSW 2154

Business Highlights

Business ID2013759525
Floor AreaAsk Business Broker
Category
Last updated  17 Jan 2019

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