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Cafe & Coffee Shop business for sale in Sydney

  • Cafe & Coffee Shop
  • Sydney NSW 2000
  • $698,000 (GST na)

F3304 - Business For Sale - Cafe Coffee Shop Cafe - Espresso Bar - Sales - $22,000 pw - 5 days - Sydney Nett $8000 pw

Espresso Bar - Cafe - Bar - Sydney CBD
SBX Business Code: F3304
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. - 55 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 ) . Vendor sub leases/licence agreement downstairs for night use after 4 pm for $1000 per week .This has been deducted off the current rental shown.
Figures
Weekly Sales $22000
Rent (ex GST) $1339
Wages $3500
Profit $8000

SBX Business Code: F3304

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2015392071
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Category
Last updated  21 Jun 2019
Map for Sydney NSW 2000
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