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Cafe & Coffee Shop business for sale in Surry Hills

  • Cafe & Coffee Shop
  • Surry Hills NSW 2010
  • $200,000 (GST na)

FK1046 - Business For Sale - CafeCoffeeShop Investment share of business

Cafe - Restaurant - Under Management - Sydney City Fringe
SBX Business Code: FK1046
Cafe selling 40 kgs. coffee p.w. and offering a complete breakfast and lunch menu consisting of everything from smashed avo, potato latkes to authentic Hong Kong favorites such as hokkaido red bean and kimchee. - Fully equipped kitchen with 2 deep fryers, grease trap. - This is an investment opportunity for someone looking to buy into a very popular and well established cafe / restaurant business and who is looking to ideally work in the business as a manager to earn both a salary and to have a profit share in the business. - The share is 38.5% and the expectation is that the purchaser will act as a working owner for an agreed salary in addition to their share of the profit.

Potential
Obtain a liquor licence - Open for dinner at least a couple of nights a week - Expand delivery and catering sales

Features
Very popular cafe with excellent reviews and large social media following. - Excellent stylish fit-out. - Run under management. - High profile location.

Premises
This business has an area of 140 sq. mts. with basement storage on site as well as bathroom and other amenities.

Location
Prime location near the busiest train station in Sydney.

Trading Hours
7 days - Mon. - Fri. - 7 a.m. - 3 p.m. - Sat. - Sun. - 8 a.m. - 3 p.m.

Lease
Current lease expires Dec .2019 + 5 year option. - 5% C.P.I. rent increases - 6 month bank guarantee as bond.

Employees
5 fulltimers + 3 parttimers + 7 casuals on rotating roster.

Comments
Misc.- 1 - General operating expenses - Misc. - 2 - General expenses related to maintenance of premises.-Outgoing included in rental figure- Buyers please note that this is only a partial sale of the business being 38.5%. - The other 2 share holders will remain in the business and will retain the balance of equity. - Inspection and meeting with other partners will be arranged for suitable buyers prior to moving forward with the transaction.
Figures
Weekly Sales $26914
Rent (ex GST) $2721
Wages $9722
Profit $4591

SBX Business Code: FK1046

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2013859537
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Category
Last updated  14 Apr 2019
Map for Surry Hills NSW 2010Surry Hills NSW 2010
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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