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Cafe & Coffee Shop business for sale in Chippendale

  • Cafe & Coffee Shop
  • Chippendale NSW 2008
  • $88,000 (GST na)

SF1667 - Business For Sale - Cafe Coffee Shop Cafe -Takeaway - Espresso - Restaurant - Priced to sell - Cocktail Bar

Cafe -Takeaway - Espresso -Cocktail Bar - Restaurant - City Fringe
SBX Business Code: SF1667
Cafe - Espresso Bar - Asian Fusion - Selling approx. 15-18 kgs. coffee & offering a full all day breakfast, pastries, sandwiches, smoothies, juices and lunch menu - Also has new night menu filled with Asian-fusion and innovative food - A fantastic cozy little heritage terrace with a large relaxed outdoor seating area at the rear. - Indoor seating for 15 people plus beautiful alfresco dining for approx. 25 people - Full kitchen & fully licensed selling beer, wine, whisky and cocktails.

Potential
4 nights trade in the evenings will re open in July 2022 - Open more hours and continue to build the night trade - A hands on owner operator could easily reduce wages and increase profits.

Features
Popular and busy laneway location - Good lease. - Low rent. - Full kitchen - Great online reviews for coffee - No electricity or garbage bills as included in the rent - Storage area upstairs - Beautiful alfresco dining with a relaxed and cosy atmosphere - Busy lunch venue as close to university

Premises
This fully renovated heritage terrace has a total area of approx .52 m2 (35 + 17 m2 upstairs storage ) plus outdoor communal seating area

Location
Well located in a popular location among Asian eateries & bars and very close to the universities, movies and shopping centre in the City Fringe

Trading Hours
7 days - Mon. to Fri. - 7.30 a.m. - 3 p.m. and Sat. & Sun. - 8 a.m. - 3 p.m.

Lease
5 year lease expires April 2027- 4% increases - 3 month bond

Employees
1 Manager (wages shown in profit) + 1 full time barista +1 full time kitchen staff + 3- 4 casuals

Comments
Misc .-1 - Other general expenses - Outgoings include garbage collection, electricity & water. - Managers wage of $1000 p.w. has been removed and the figures for this business are being shown as if run by a hands on owner operator. - Night trade will re open for 4 nights in July 2022 with projections to increase sales to $16,000 p.w. - Licensed from 12 noon to 10 p.m. (plus even later STA)
Figures
Weekly Sales $10000
Rent (ex GST) $1212
Wages $3200
Profit $2051

SBX Business Code: SF1667

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2017891105
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Last updated  23 Jun 2022
Map for Chippendale NSW 2008
Map for Chippendale NSW 2008Chippendale NSW 2008

Business Highlights

Business ID2017891105
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  23 Jun 2022
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