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Cafe And Coffee Shop For Sale in Hurstville Sydney NSW

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Cafe - Takeaway - Espresso - Restaurant - Easy To Run

Location:Hurstville, Sydney, New South Wales

Category:Cafe and Coffee Shop

Asking Price:$190,000

190000

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

Business description

Cafe - Takeaway - Espresso - Restaurant - South Sydney - Agent SBX Code Number: FQ1127J

Cafe - takeaway serving all-day breakfast, burger & chips, sandwiches, salads & desserts and selected Korean items etc. - Also serves approx. 25 kgs. coffee p.w., hot chocolate, tea, iced coffee, juices etc. - No heavy cooking needed. - Takings are approx. 45% beverage, 30% food & 25% dessert.

Potential
Currently no marketing.-Could improve turnover with local marketing - Can use online delivery partners such as UberEats, Foodora, Menulog etc - Can offer catering to local businesses. - Open earlier to capture early risers - turnover is improving yearly.

Features
Small & easy to operate - High traffic centre - No heavy cooking - Regular customers.

Premises
Modern, recent and aesthetic refurbishment to centre requirements with an area of 30 sq. mts.

Location
Situated near large anchor stores within the shopping centre in South Sydney area.

Trading Hours
7 days - Mon. - Sun. - 800 a.m.- 600 p.m.

Lease
Current lease expires December, 2022 + 6 yr option. - 3 months bond.

Employees
1 owner + 2 fulltimers + 4 casuals

Comments
Turnover last financial year was approx. $594,000. - Rent is $14,500 per month & includes all outgoings, marketing levy, GST etc - Misc.- 1 - refers to eftpos merchant fees. - Original setup cost $350,000. - Regretful sale due to business partner deceased. - Current owner has another business and is too busy to work on both.

Figures
Weekly Sales $11423
Rent (ex GST) $3041
Wages $2800
Profit $2322


Agent SBX Code Number: FQ1127J - SBX Business Brokers

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