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      Cafe & Coffee Shop business for sale in Sydney

      • Cafe & Coffee Shop
      • Sydney NSW 2000
      • $200000

      FK1046 - Business For Sale - CafeCoffeeShop Investment share of business

      Cafe - Restaurant - Under Management - 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 ID

      2013859537

      Last updated

      15 Mar 2018

      Category

      Cafe & Coffee Shop, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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