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Cafe - Takeaway - Cafe - Low Rent - Long Lease -Well Priced -Nets $4770 P.W.- Inner West Area For Sale

Sydney, New South Wales, Australia
Asking Price:
$250,000 (AUD)
Sales Revenue:
$744,640 (AUD)
Cash Flow:
$248,040 (AUD)

Cafe - takeaway selling average 25-30 kgs of premium coffee. It is a branch destination that provides specialty coffee and contemporary menu items such as fried chicken burger and beef brisket on brioche etc. Has a large deck area with plenty of outside seating, open plan and comfortable surrounds. The takings include some catering orders by surrounding companies. - 10 seats inside and 50 seats outside. - The weekly takings shown are $13,000 (shop sales ) + sublease income of $1320 p.w.

Potential
Could increase trading hours on weekend. Could open for dinners. Promote marketing. Extend catering business. A hand on a full time owner operator could save on wages and increase profit due to the current owner only work 4 days a week.

Features
A lovely comfortable cafe. Well established for 7 years. Regular customers. Well known to locals. New and long lease with low rent. Extra net income of $1320 p.w. from sublease. Great potential for a full time owner operator. Well priced.

Premises
Well presented and unique designed shop with indoor and outdoor seating with an area approx. 120 m2.

Location
Situated behind the main shopping street and next to large customers parking area of major supermarket in Inner West suburb.

Trading Hours
7 days - Monday to Friday 730 am to 3 pm. Saturday 8 am to 3 pm. Sunday 8 am to 2 pm.

Lease
New 7 years commences 17th December 2023. - 2.5% annual increases. 3 months bond. -Signed 3 year sublease to burger business starts 5th Jan,2023 with 2.5% annual increases (trading hours 4p.m. -midnight)

Employees
One owner ( working 4 days ) + 3 full-timers and 2 casuals

Comments

Property Information

Location:

Situated behind the main shopping street and next to large customers parking area of major supermarket in Inner West suburb.

Business Operation

Expansion Potential:

Could increase trading hours on weekend. Could open for dinners. Promote marketing. Extend catering business. A hand on a full time owner operator could save on wages and increase profit due to the current owner only work 4 days a week.

Trading hours:

7 days - Monday to Friday 730 am to 3 pm. Saturday 8 am to 3 pm. Sunday 8 am to 2 pm.

Employees:
One owner ( working 4 days ) + 3 full-timers and 2 casuals
Years established:
2016