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Cafe - Bar - Restaurant - Prime Location For Sale

Sydney, New South Wales
Asking Price:
$1,800,000 (AUD)
Sales Revenue:
$2,080,000 (AUD)
Cash Flow:
$511,680 (AUD)

Cafe - bar - restaurant (dine -in and takeaway) serving approx. 25 kgs. coffee p.w. - Specialising in breakfast and lunch including meat and seafood dishes & offering a number of fresh smoothies & juices. - Bar serves a large collection of beer and wine. - Weekly catering takings are about $10,000 from surrounding offices and Uni. - 80 seats inside and 40 seats outside.

Potential
Could do more marketing to boost even higher sales.

Features
Well established and easy to operate. - Excellent food and reputation in the city fringe area. - Repeat customers. - Great reviews online. - Busy central location with a trendy fit out.

Premises
Quality fit out, custom made kitchen, designer furniture with an area of about 250 sq. mts.

Location
Prime location inside the university building with lots of pedestrian traffic in City fringe area.

Trading Hours
5 days - Mon. - Fri.- 7 a.m. - 10 p.m.

Lease
Current lease expires July 2025. - Rent is fixed at 10% of weekly takings with the University as the landlord. - 30k bond.

Employees
1 owner + 6 fulltimers + 10 casuals.

Property information

Location:

Prime location inside the university building with lots of pedestrian traffic in City fringe area.

Business Operation

Expansion Potential:

Could do more marketing to boost even higher sales.

Trading hours:

5 days - Mon. - Fri.- 7 a.m. - 10 p.m.

Employees:
1 owner + 6 fulltimers + 10 casuals.
Years established:
July 2015

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