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Cafe - Restaurant - Cafe - Net $10,455 Pw - Restaurant - City Fringe - Sales $35,000 Pw For Sale

Sydney, New South Wales, Australia
Asking Price:
$695,000 (AUD)
Sales Revenue:
$1,820,000 (AUD)
Cash Flow:
$543,660 (AUD)

Cafe serving breakfast and lunch only. - 25-30 kgs.coffee p.w.- Full liquor licence allows drinking without eating. - Regularly changing blackboard menu with extensive range of wines and beers. - Very popular with local business people for meetings and business lunches and coffees. - Bar, full kitchen, storage, fold back doors. - 100 seats outside - 50 seats inside.

Potential
Can actively promote functions. - Market to business houses in the area. - Could open nights and increase takings even higher to $60,000 p.w. - licensed until 11.00pm. - Ideal venue for group bookings.

Features
Well established business. - Regular & loyal customers. - Fabulous location with expansive water views. - Trendy fitout - Great website. - Destination of choice in the local area. - Fully licenced.

Premises
This business has an area of 250 sq. mts. with outdoor covered seating.

Location
Situated in City Fringe with absolute prime waterfront location adjacent to parklands.

Trading Hours
7 days - Mon. - Sun. - 7 a.m. - 4 p.m.

Lease
5 year lease until April, 2023 + 5 year option expires 2028. - A new lease could be made available. - Bond $78K - -.-.- .increases. - $20M public liability insurance required under the lease.

Employees
1 owner + (Mon.-Thurs.) 1 chef - 2 cooks - 1 kitchenhand - (Fri. -Sun) - 2 cooks, 1 chef , 1 kitchen hand, 2 barista. & 4 fulltimers + 2 parttimers.

Comments

Property Information

Location:

Situated in City Fringe with absolute prime waterfront location adjacent to parklands.

Business Operation

Expansion Potential:

Can actively promote functions. - Market to business houses in the area. - Could open nights and increase takings even higher to $60,000 p.w. - licensed until 11.00pm. - Ideal venue for group bookings.

Trading hours:

7 days - Mon. - Sun. - 7 a.m. - 4 p.m.

Employees:
1 owner + (Mon.-Thurs.) 1 chef - 2 cooks - 1 kitchenhand - (Fri. -Sun) - 2 cooks, 1 chef , 1 kitchen hand, 2 barista. & 4 fulltimers + 2 parttimers.

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