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Cafe - Restaurant - Bar - Espresso - Cafe - Sales $23,000 P.w - Restaurant - Bar - Espresso - Nth West Sydney N.s.w For Sale

Sydney, New South Wales, Australia
Asking Price:
$525,000 (AUD)
Sales Revenue:
$1,196,000 (AUD)
Cash Flow:
$291,460 (AUD)

Cafe serving delicious breakfast menu and lunch selections. - Also sells approx. 20-25 kgs. premium coffee p.w., alcoholic beverages, juices, cocktails etc. - Menu includes burgers, sandwiches, pasta, waffles, egg benedict, vegan breakfast, selection of toasts and mains (e.g. seafood basket, fish & chips, lamb cutlets etc). - Landlord pays for all electricity, water rates, outgoings, equipment repairs, coffee machine servicing fee, eftpos merchant fees & gas. - 150 seats inside - Licenced. Vendor requests strict confidentiality. He wants to vet buyers first with 2 page signed Confidentiality Agreement before proceeding further. Please forward the signed Non-Disclosure to Sbx

Potential
Partner with online sites such as UberEat, Menulog etc. - Currently no catering or deliveries. - Extend trading hours to include evening meals - Grow the events & functions clientele.

Features
No outgoings - No renovation clause in lease - Well known on social media. - Fully functional website - Top fitout.

Premises
This business has an area of 400 sq. mts. and has been recently refurbished with premium trimmings with $625K spent on renovations.

Location
Situated in a popular high traffic shopping centre in Sydney near all facilities & train station.

Trading Hours
7 days - Mon. - Wed. & Fri. - 900 a.m.- 500 p.m. - Thurs.- 900 a.m. - 900 p.m. - Sat. - Sun. - 800 a.m. - 500 p.m.

Lease
Current lease expires March, 2022. - 4% annual increases. - Bond is bank guarantee of $20K

Employees
1 owner + 4 fulltimers + 7 casuals

Comments

Property Information

Location:

Situated in a popular high traffic shopping centre in Sydney near all facilities & train station.

Business Operation

Expansion Potential:

Partner with online sites such as UberEat, Menulog etc. - Currently no catering or deliveries. - Extend trading hours to include evening meals - Grow the events & functions clientele.

Trading hours:

7 days - Mon. - Wed. & Fri. - 900 a.m.- 500 p.m. - Thurs.- 900 a.m. - 900 p.m. - Sat. - Sun. - 800 a.m. - 500 p.m.

Employees:
1 owner + 4 fulltimers + 7 casuals

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