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Cafe & Coffee Shop business for sale in North Sydney

  • Cafe & Coffee Shop
  • North Sydney NSW 2060
  • $138,000 (GST na)

SF1411 - Business For Sale - Cafe Coffee Shop Cafe - Espresso - Foyer - Sales $13,300 p.w - Northern Suburbs - 5 days

Cafe - Foyer - Under Management - Espresso - Lower North Shore
SBX Business Code: SF1411
Cafe - Takeaway - Foyer - Espresso - Selling 35 kgs. coffee p.w. - Currently closed from March 2020 - Breakfast and lunch and serving a full or light breakfast- Lunch includes burgers, salads, rolls and cold drinks - Fully Licensed - Full kitchen with cool room - 48 seats inside and 12 seats outside - Sales shown are based on 2019 weekly average

Potential
An owner operator could save on wages and increase profit - Expand catering -Open at night (STA)

Features
Great location - Under Management - 5 days - Easy to run - Nothing to spend - Good social media presence - Regular customers - Modern fit out - Outgoings included in the rent

Premises
A cafe with a modern fit out - At the main entrance this espresso/cafe also has a storeroom and office and an area of 40 sq mtrs plus foyer seating.

Location
Foyer cafe with 2 entrances and located below a 14 storey building in the Lower North Shore and only a short distance from the train station - surrounded by other offices

Trading Hours
.5 days - Mon. - Fri. - 6 a.m. till 4 p.m.

Lease
Current 10 year lease expires Oct. 2024 (New 5 + 5 year lease can be available) - 4% increases - 6 month bond

Employees
1 Manager + 1 fulltimer (Chef) + 4-5 casuals

Comments
Misc.- 1 - Other General expenses and GST - 4 group coffee machine ( Mega - Greenline Concept worth over $10,000 is fully owned by the vendor) - The 3 grinders are owned by the coffee company - Business name and website are by negotiating with the vendor if required . - The managers wage of $1350 p.w. has been removed from wages and shown in profit as for an owner operator- Sales are based on 2019 weekly average and priced dropped for a quick sale - GST may be payable as this is not a going concern and is being sold as a cafe that is currently not trading since March 2020- Owner is very motivated to sell!!
Figures
Weekly Sales $13300
Rent (ex GST) $1574
Wages $4100
Profit $2441

SBX Business Code: SF1411

SBX Business Brokers - Sydney Business Exchange

Map for North Sydney NSW 2060
Map for North Sydney NSW 2060North Sydney NSW 2060
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