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Cafe & Coffee Shop business for sale in Sydney

  • Cafe & Coffee Shop
  • Sydney NSW 2000
  • $278,000 (GST na)

SF1368 - Business For Sale - Cafe Coffee Shop Cafe - Espresso - Sales $16,100 p.w.- Net $5,263 pw - 5 Day -CBD Near Wynyard

Cafe - Espresso Bar - Takeaway - Under Management - Restaurant - Sydney CBD
SBX Business Code: SF1368
Cafe - Foyer - Espresso - Takeaway - Cafe selling 30kgs. of coffee per week. - Coffee machine is at the entrance of the shop - The menu has classic items including full breakfast, salads, sandwiches and wraps as well as Western, Asian and Thai dishes - Full commercial kitchen - Cool room. - 30 seats inside - Pre Covid sales were $20,000 p.w. and this cafe has traded well during 2020 - Good records available at a meeting - Open during lock down from July - Sep 2021 for takeaway.

Potential
Trade at night - Open Saturday - Do some advertising and marketing - Add a website - Increase social media presence and on line ordering - An owner operator or a couple could increase sales and profit -Busy cafe with over 440 employees above plus street trade.- Outdoor seating (STA)- Was previously licensed so obtain a license (STA)

Features
Top CBD location with lots of foot traffic - Nothing to spend. - Stunning looking cafe - No outgoings - Under management - Recipes can be provided - Full kitchen and cool room - Was previously licensed - Long stable lease

Premises
Street front cafe with a 12 stories office block upstairs, next to a supermarket and an area of 100 sq. mts. which was fitted out recently with a new custom food display and has a split level area at the back of the shop .

Location
Prominent location in Sydney CBD, close to the tram and train station and surrounded by offices near Wynyard

Trading Hours
5 days - Mon. - Fri. - 7.00 a.m. - 3.30 p.m.

Lease
Current 10 year lease expires Sep 2028 - 4.5% Increases - Currently $67,904 bank guarantee bond. (Long stable lease )

Employees
1 x full time Manager ( wage shown in net profit) + 3- 4 casuals

Comments
Misc. 1 - Other general expenses - Outdoor seating was previously available but not in use at present - Great fit out with wood fired Italian pizza oven and new food displays. ( The Pizza oven is currently not being used and is included ) - A 3 coffee machine is not included in the sale but can be negotiated - New fridge display valued included at $25K - The Managers wage of $1100 p.w. has been removed from wages and included in net profit as for an owner operator - Rent includes all outgoings and grease trap cleaning. - Sales shown are current and will increase even further in 2021 - A must to inspect but please be discreet-
Figures
Weekly Sales $16100
Rent (ex GST) $3397
Wages $2100
Profit $5263

SBX Business Code: SF1368

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Business ID2013567413
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Last updated  4 May 2021
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Business Highlights

Business ID2013567413
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  4 May 2021
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P.o. Box 19, Crows Nest NSW 2065
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