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Cafe & Coffee Shop business for sale in Ultimo

  • Cafe & Coffee Shop
  • Ultimo NSW 2007
  • $990,000 (GST na)

FX1083 - Business For Sale - Cafe Coffee Shop Prime location - Cafe - Sales $40,000 pw - Bar - Restaurant - 5 days only - Ultimo Nsw - Profit $9,840 pw

Cafe - Bar - Restaurant - Sydney City Fringe
SBX Business Code: FX1083
Cafe - bar - restaurant (dine -in and takeaway) serving approx. 25 kgs. coffee p.w. - Specialising in breakfast and lunch including meat and seafood dishes & offering a number of fresh smoothies & juices. - Bar serves a large collection of beer and wine. - Weekly catering takings are about $10,000 from surrounding offices and Uni. - 80 seats inside and 40 seats outside.

Potential
Could do more marketing to boost even higher sales.

Features
Well established and easy to operate. - Excellent food and reputation in the city fringe area. - Repeat customers. - Great reviews online. - Busy central location with a trendy fit out.

Premises
Quality fit out, custom made kitchen, designer furniture with an area of about 250 sq. mts.

Location
Prime location inside the university building with lots of pedestrian traffic in City fringe area.

Trading Hours
5 days - Mon. - Fri.- 7 a.m. - 10 p.m.

Lease
Current lease expires July 2025. - Rent is fixed at 10% of weekly takings with the University as the landlord. - 30k bond.

Employees
1 owner + 6 fulltimers + 10 casuals.

Figures
Weekly Sales $40000
Rent (ex GST) $4000
Wages $11200
Profit $9840

SBX Business Code: FX1083

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014179510
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Category
Last updated  30 May 2019
Map for Ultimo NSW 2007Ultimo NSW 2007
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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