ID:

Cafe – Takeaway – Espresso – Sandwich

Sydney,
NSW, Australia
Price: $88,000 For Sale
Cafe
  • 229
  • 0
  • Takings (p/w): $7,000
  • Rent: $1,779
  • Net Profit: $1,616

Description

Cafe- takeaway selling 25-30 kgs. coffee p.w. – Also selling fresh juice and cold drinks as well as pastries, muffins, sandwiches, wraps and hot food – Full kitchen with grease trap and exhaust as well as a coolroom – 6 seats

Potential

Increase sales by expanding menu for a quick service lunch - Do some advertising and marketing - Increase catering - Utilize the full kitchen - New light rail is under construction - Add food ordering apps

Features

Excellent CBD location - Nothing to spend -Easy to run - 5 days - Compact and well set up shop - High foot traffic - Excellent online reviews -

Premises

Well fitted out modern shop with an area of 40 sq. mts. in excellent condition with large display fridges and in a great location.

Location

Situated in major CBD centre close to trains with high foot traffic flow and surrounded by offices and other retail.

Trading Hours

5 days - Mon. - Fri. - 6 a.m. till 6 p.m.

Lease

Current lease expires Jan. 2020 + 1 years option - 4%increases - 3 month Bond

Sale Reason

Family health issues

Employees

1 owner + 2 casuals

Comments

Misc.- 1 - Other general expenses - This business hasn't reached its full potential and the kitchen is not being used very much. - Very busy shopping centre connecting two busy main streets and surrounded by other shops, offices and the train station. - - Coffee machine is fully owned by vendor - A must to inspect but please be discreet

Additional Information

Weekly Takings: $7,000
Cost of Goods: $2,100
Gross Profit: $4,900
Rent: $1,779
Outgoings: NA
Wages: $800
Telephone: NA
Insurance: $50
Electricity: $135
Gas: $70
Miscellaneous 1: $450
Miscellaneous 2: NA
Total Expenses: $3,284
Net Profit: $1,616
Estimated Stock: $2,000
Equipment: NA
Annual Turnover: $364,000
Net Profit Margin: 23.1%
Return Of Investment: 1.0 year(s)
More Business

Enquiry

Confidentiality Agreement for the Business Between GBE (Global Business Exchange) and * (Interested Party) this must be an individual’s name, NOT a company name

In consideration of Global Business Exchange (being any or all of -, Redfin Partners Pty Ltd entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by Global Business Exchange and specifically the Listing currently being enquired. I/We hereby agree and undertake as follows:

To treat as totally confidential the identity of the business (es) disclosed to me and any details as to its operation or financial accounts;

Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor whoshall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Global Business Exchange;

Not to make an approach to the Vendor of any business disclosed to me by Global Business Exchange, or the business’ staff, customers or suppliers without prior arrangement with Global Business Exchange and to refer all queries through Global Business Exchange;

We acknowledge that Global Business Exchange is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.

If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to -, Redfin Partners Pty Ltd as the case may be;

If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Global Business Exchange against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.

That all information is received for no other purpose than the evaluation of the investment potential of the business;

If I decide not to proceed with the investment, I agree to immediately return to Global Business Exchange all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);

Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

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