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Cafe & Coffee Shop business for sale in Cremorne

  • Cafe & Coffee Shop
  • Cremorne NSW 2090
  • $179,000 (GST na)

G1670 - Business For Sale - Cafe Coffee Shop Cremorne Area

Cafe - Espresso - Lower North Shore
SBX Business Code: G1670
Cafe - espresso bar selling 25 - 30 kgs. of coffee p.w. - This well established cafe offers a seasonal, very current & comprehensive all day breakfast menu & fresh wholesome lunches. - pastas, burgers, wraps, pre-made sandwiches, salads. - Serving a selection of coffee, teas, milkshakes, house-made fresh juices as well as a range of cakes & pastries. - Seating 22 inside & 35 seats outside courtyard.

Potential
Could open longer hours to take advantage of the evening cinemas - Could offer a catering menu for the local businesses - Recently listed on Uber Eats which will grow the business.

Features
Same owner for last 14 years - Simple cafe operation - Easy to run - Well established & consistent turnover - Regular clientel.

Premises
This business has an area of 62 sq. mts. inside plus courtyard area on the lease.

Location
Well located in the heart of a suburb in the Lower North Shore near shops, cinemas, residential & commercial.

Trading Hours
7 days - Mon. - Sat. - 600 a.m. - 330 p.m. & 700 a.m. - 330 p.m. on Sundays.

Lease
3 year lease commenced 2015 + 3 + 3 year options - 4% annual C.P.I. increases. - 3 months bond.

Employees
1 owner + 2 fulltimers + 1 casual

Comments
Miscell. - 1 - GST paid on BAS. - Turnover has increased - Price has been reduced as owner is motivated to sell.
Figures
Weekly Sales $12000
Rent (ex GST) $1545
Wages $3000
Profit $3787

SBX Business Code: G1670

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014114625
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Category
Last updated  30 May 2019
Map for Cremorne NSW 2090Cremorne NSW 2090
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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