Internal Ref: T3007
Summary
SBX Code: T3007 - This business is growing with expected sales to reach well over $50,000 per week - hot location 30 % of sales are alcohol - Brand new fit out - 220 sqm
Rent
$2,596 pw
Net Profit
$5,000 pw
Location Details
Situated in the foyer of brand new very large CBD office tower.90% occupancy and easy access to Pitt street, with 5,000 office workers.
Potential
Enormous potential as opened less than 12 months with business growing and positioned in part of the CBD which is expanding dramatically. Should reach sales of over $50,000 per week.
Hours
5 days - Monday to Friday 6.30 am to 10 pm.
Lease
10 year lease from July 2023 with 3.5% increases annually and 3 month bond.
Employees
1 owner + 1 full time chef + 3 kitchen + 2 floor + 3 bar all casuals.
About the Business
Cafe - Bar - Takeaway - Sydney CBD
SBX Code: T3007
Cafe / Bar in foyer serving breakfast, lunch and dinner. Full commercial kitchen serving a variety of Italian food, 15 kgs .coffee and great variety of wines, beer and cocktails. 30% of income is through alcohol sales. Brand new fit out with state of the art equipment throughout. Currently adding a further 25 seats in a great position. Situated in growth corridor of the City with many new office towers and residential under construction.
Features
Stunning location within one of the largest CBD commercial buildings in the growth area of City. Building about to become 90% occupied.
Premises
Approx. 220 sqm, large atrium with New York style fit out, large centre bar with seating around and open kitchen, also separate store room and work area downstairs
Comments
One of the Citys largest buildings, 55 levels with 2 separate street entrances accommodating 5,500 office workers.
SBX Code: T3007
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