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Cafe And Coffee Shop For Sale in North Coast NSW

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Cafe - Bar - Cafe - Sale $13,556 Pw - Bar - Lower North Shore - Rent $880 Pw

Location:North Coast, New South Wales

Category:Cafe and Coffee Shop

Asking Price:$199,000

199000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Cafe   -    Bar - Cafe - Sale $13,556 Pw - Bar - Lower North Shore - Rent $880 Pw

Business description

Cafe - Bar - Lower North Shore - Agent SBX Code Number: GJ1461

Cafe & bar (wine bar), European influenced with Australian cuisine. -. Specialises in platters for lunch and dinner. - They cook their own baguettes and pastries onsite in combi oven, serve European wines & cocktails, and offer event evenings - These are bookings only and always booked out at $35-$50 per head - . Primary liquor license for serving alcohol without food - Serves only premium products. - During the day, primarily a cafe and vendors are moving to reducing day trading and increasing the evening bar trading as it is the most profitable. - 35 seats inside - 15 seats outside.

Potential
Could add Wed. and Sun. afternoon trading. - Sunday night trading would require an extension on the liquor license. - Advertise more using instagram and facebook. - Can serve alcohol without food.

Features
Promotes event evenings which are always sold out. - Unique trendy coffee bar and wine bar - Very popular with the locals - Facebook presence.

Premises
Trendy euro style bar & cafe with small stainless steel kitchen, air conditioned, toilet, and an area of 50 sq. mts.

Location
Busy local shopping centre with bar located on the outside in high profile location in Lower North Shore

Trading Hours
7 days - 3 nights - Mon. -Tues. -Wed. - 6.30 a.m.- 3.30 p.m. - Thurs. -Fri. - 6.30 a.m. - 10 p.m.-Sat. -7.30 a.m. - 10 p.m. - Sun. - 8 a.m.- 2 p.m.

Lease
Current lease expires 30 / 11 / 2020 + 3 + 2 year options - Bond 3 months - Increments CPI + 1.5%

Employees
1 chef + 1 barista + 2 casuals + (1 part time owner operator managing only).

Comments
Outdoor seating and fold back front windows. - Cafe turnover is approx. $800 per day and bar turnover approx. $2K per night. - Gas is available. - Business is packed out Thursday and Friday evenings each week. - This business is still in growth mode - Great opportunity.- Figures above reflect a full time owner operator however the business is currently part under management.

Figures
Weekly Sales $13556
Rent (ex GST) $880
Wages $2768
Profit $2730


Agent SBX Code Number: GJ1461 - SBX Business Brokers

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