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Cafe - Restaurant - Bar - Sales $11,500 Pw - Restaurant - Bar - Darlinghurst- - Profit $3,755 P.W For Sale

Sydney, New South Wales, Australia
Asking Price:
$120,000 (AUD)
Sales Revenue:
$598,000 (AUD)
Cash Flow:
$195,260 (AUD)

Cafe - restaurant & wine bar offering a hearty breakfast in the mornings & 16 kgs. coffee p.w. - Serves simple, fresh & authentic Italian food for lunch & opens for dinner only 3 nights per week. - Cafe in the day & restaurant & wine bar in the evening serving traditional pastas, risottos & other Italian meals. - Seating for 24 indoor & 24 outdoor.

Potential
A great opportunity to grow the sales. - Can trade more hours & open on weekends. - Could grow the takeaway & catering side of the business.

Features
Well established business. - Great corner location. - Regular & loyal local customer base. - Great little family run business. - Bar License.

Premises
This business has an area of 75 sq mts & has a cozy Italian family feel.

Location
Excellent leafy corner location in the City fringe surrounded by commercial businesses & local residents.

Trading Hours
5 days - Mon. - Tues. - 7 a.m. - 4 p.m. & Wed. - Fri. - 7 a.m. - 4 p.m. & 6 p.m. - 10 p.m.

Lease
5 year lease + 3 year option (expires 28 Feb. 2022) - Annual increases of 5% + 3 months rental bond.

Employees
1 owner + 2 casuals

Comments

Property Information

Location:

Excellent leafy corner location in the City fringe surrounded by commercial businesses & local residents.

Business Operation

Expansion Potential:

A great opportunity to grow the sales. - Can trade more hours & open on weekends. - Could grow the takeaway & catering side of the business.

Trading hours:

5 days - Mon. - Tues. - 7 a.m. - 4 p.m. & Wed. - Fri. - 7 a.m. - 4 p.m. & 6 p.m. - 10 p.m.

Employees:
1 owner + 2 casuals
Years established:
11 years

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