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Inner-City Coffee/Sandwich/Bakery Takeaway For Sale

Potts Point, New South Wales, Australia
Asking Price:
$160,000 (AUD)
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$50K - $100K (AUD)

A favourite takeaway for the residents nearby and the commuters. Simple operation requires no chef, baker or pastry cook.

· A favourite place established since 2014 for the locals and the commuters to hurry along with their everyday grab-and-go coffees, sandwiches, bread and pastries
· FY20 witnesses a 5.2% sales increase in the first 8 months compared with FY19
· The majority of sales comes from coffee and sandwich, which require no cooking and minimal preparation and hence a chef is not needed
· The bread and pastry, which account for 13% of sales, are mostly par-baked and delivered to the store in frozen, only have to bake for a few more minutes in-store and thus neither baker nor pastry cook is required
· Takeaways take up most of the business including around 170 orders a week from Uber Eats and Deliveroo, which accounts for 25% of sales
· Operation is arguably simpler comparing to the coffee shops, sandwich bars and bakeries at similar turnovers and the owner-operator doesn’t have to be an experienced cook or baker
· Suitable for less experienced buyers who are into light restauranteering, ideal for a couple operator

Financials:

Sales: ˜$9,300/wk
Earning: ˜$1,800/wk
Rent: ˜$2,100/wk
Wages: ˜$2,100/wk (excluding owner salary)
Utilities: ˜$160/wk

Property Information

Real Estate:

Lease

Lease Terms:

Expiry in November 2022 (no increases since Lease commenced)

Location:

Located at a crossroads along the bustling main road with a number of backpackers accommodations and hotels nearby, 5 minutes walking to the train station and within 10 minutes drive to the CBD

Premises Details:

Approx. 35m² in total including kitchen at 15m², 6 seats indoors, 8 seats outdoors

Business Operation

Trading hours:

Monday-Saturday 6am-3pm, Sunday 7am-3pm

Employees:
3 people are needed a day including the owner who works 5 days a week; 3 staff members each work 5-6 days week

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