Business for sale in New South Wales , NORTH SYDNEY
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| Company Details: | TGBN Mergers & Acquisitions |
| Agent Detail: | Anthony Glinatsis |
Business for Sale: Cafe - North Sydney
Advert Id : 28040
Sellers Ref: (TGBNNS)
Location: New South Wales
- NORTH SYDNEY
Category: Cafe and Coffee Shop
Financial summary
Asking Price: 249,000
Sales revenue: 9000 per wekk
Net profit: 3000 per week
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Sales revenue: 9000 per wekk
Net profit: 3000 per week
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
Established over 55 years!
In the same family since 1981
Terrific Location!
This local institution is on the market for the first time in 30 years. Absolute prime location in one of the busiest thoroughfares in the North Sydney CBD. Modern fit out with in/outdoor seating and minimal cooking. A very easy to run operation and has plenty of upside for a new and enthusiastic owner. A trial is available at $9000 per week and the business leaves the owners with a steady net profit of $3000 + per week. Conveniently trading from 6am to 4pm Monday to Friday, the business is run by 2 owners who work on a rotating shift basis allowing them to work a 4 day week. Minimal staff requirement of 4 casual employees.
This business could be ideal for an astsute purchaser seeking a well establised business that has withstood the test of time and offering a solid platform for further growth.
Asking $249,000
Contact Anthony Glinatsis ph: 02 98001 6491 m 0411 5555 251 e: anthony@tgbn.com.au
Contact Anthony Glinatsis ph: 02 98001 6491 m 0411 5555 251 e: anthony@tgbn.com.au
www.tgbn.com.au
General Information
Years established: Over 55 years
Employees: 2 owners on rotating shifts + 4 casual staff
Trading Hours:6am to 4pm, Monday to Friday
Employees: 2 owners on rotating shifts + 4 casual staff
Trading Hours:6am to 4pm, Monday to Friday
Other Information
Support Traning: The owners will provide support and trainingReason Selling: The owners are moving on after so many years in the same business
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