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Cafe And Coffee Shop For Sale in Ultimo Sydney NSW

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Cafe - Espresso - Takeaway - Easy To Run

Location:Ultimo, Sydney, New South Wales

Category:Cafe and Coffee Shop

Asking Price:$159,000

159000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Cafe -   Espresso   - Takeaway - Easy To Run

Business description

Cafe - Espresso - Takeaway - Sydney City Fringe - Agent SBX Code Number: G1708

Cafe - espresso bar & takeaway selling 28-30 kgs. coffee p.w. and offering a selection of all day breakfast favourites. - Also selling a variety of sandwiches, wraps, toasties & burgers, tea & cold drinks. - Light cooking only. - No grease trap or exhaust. - Seating inside for 10 and outside for 24.

Potential
An active & experienced owner operator working full time in the business could easily reduce wages and increase profits. - Could improve this business by offering catering to the local businesses. - could open 7 days and extend trading hours for dinner.

Features
Great location. - Close to Universities & Tafe as well as commercial offices. - Lots of passing foot traffic. - Very long lease. - Well established. - Regular customer base. - Easy to run.

Premises
This business has an area of approx. 40 sq. mts.

Location
Prime City Fringe location close to 2 universities plus many commercial buildings including a major broadcaster.

Trading Hours
5 days - Mon. - Fri. - 630 a.m. - 400 p.m.

Lease
5 + 5 + 5 year lease commenced June, 2018 - Annual C.P.I.increases - 3 months rental bond (may need 6 months if inexperienced for first year.

Employees
1 owner + 2 fulltimers

Comments
Coffee machine is owned by the vendor.

Figures
Weekly Sales $8000
Rent (ex GST) $1500
Wages $1750
Profit $2465


Agent SBX Code Number: G1708 - SBX Business Brokers

Other Information

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