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Cafe - Espresso - Under Management - Great Opportunity - Bargain Price For Sale

Sydney, New South Wales, Australia
Asking Price:
$80,000 (AUD)
Sales Revenue:
$832,000 (AUD)
Cash Flow:
$104,780 (AUD)

Cafe selling 30 kgs. coffee p.w., cakes, and breakfast and lunch meals. - Full commercial kitchen with coolroom. - 80 seats. - 85% of sales from regular customers - Set up cost was $300k.

Potential
Great potential for a new motivated owner to increase sales

Features
Good location in wealthy area. - Minimal competition. - Loyal customers. - Well priced.

Premises
This business has an area of 165 m2 and is in very good condition.

Location
Prime location in Eastern Suburbs shopping centre

Trading Hours
7 days - Mon. - Sat. - 730 a.m.- 530 p.m. - Sun. - 8 a.m.- 4 p.m.

Lease
7 years from June 2013. - 4% annual increases. - 3 months bond. - New lease can be negotiated with centre manager.

Employees
One owner ( part time) + 12 shift staff

Comments

Property Information

Location:

Prime location in Eastern Suburbs shopping centre

Business Operation

Expansion Potential:

Great potential for a new motivated owner to increase sales

Trading hours:

7 days - Mon. - Sat. - 730 a.m.- 530 p.m. - Sun. - 8 a.m.- 4 p.m.

Employees:
One owner ( part time) + 12 shift staff
Years established:
2013

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