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Cafe & Coffee Shop business for sale in Sydney

  • Cafe & Coffee Shop
  • Sydney NSW 2000
  • $650,000 (GST na)

M1927 - Business For Sale - Cafe Coffee Shop Cafe - Licensed Bar - Restaurant - Sydney CBD - Sales $28,000 p.w.

Cafe - Takeaway - Restaurant - Under Management - Sydney CBD
SBX Business Code: M1927
Cafe - licenced serving 80 kgs of specialty coffee, breakfast, sandwiches, salads, burgers, etc. - Liquor licence permits the selling of alcohol without food - Averages $2000 catering a week. - Full commercial kitchen with cool room. - Free Wi-Fi on premises. - 50 seats inside. - Downstairs store room used for free.

Potential
This business continues to grow every month. - There is also the potential to open for dinner on 3 nights (Thursday, Friday and Saturday) takings could reach $32- $35,000 a week.

Features
Fully managed - Best location in central business district. -Licenced bar. - 7 years remaining on lease. - High margins. - Huge potential.

Premises
New modern designed cafe with an area of 84 m2 in good condition.

Location
Corner location with high foot traffic flow area in Sydney CBD surrounded by large office towers, hotels and residential apartments.

Trading Hours
7 days - Mon. - Fri. - 530 a.m.- 3 p.m. - Sat.- 5.30 a.m.-12 noon. - Sun. - 7 a.m.- 12 noon.

Lease
5 + 5 year lease commenced Jan. 2016 - 2.5% annual increases - 5 months bond.

Employees
1 full-time manager + 9 staff. - Fully under management

Comments
Misc.- 1-General business expenses - tax, newspaper, POS system, towels/rags, and rubbish. - Business is currently fully managed. - great potential for motivated owner operator to save on wages and increase profit. -Highly recommended cafe in Sydney CBD. - As well as servicing the hotel above, a new 300 room hotel has opened within 50m and this cafe has the exclusive rights to provide breakfast room service - this could provide an extra $2000-$3000 p.w.
Figures
Weekly Sales $28000
Rent (ex GST) $3417
Wages $9000
Profit $6503

SBX Business Code: M1927

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2013456168
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Last updated  9 Sep 2019
Map for Sydney NSW 2000
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