Internal Ref: SF1376
Summary
SBX Code: SF1376 - Cafe - Espresso -Vegetarian (EXPAND MENU to increase sales) - Short hours - Easy to run - Well established - Profit $3,005 p.w
Rent
$795 pw
Net Profit
$3,005 pw
Location Details
Situated in a busy Iconic Eastern Suburbs beachside suburb in a shopping & food street.
Potential
Currently only selling vegetarian so could add other menu items - Open longer hours - Expand catering and add delivery to nearby schools and offices - Huge developments COMPLETED nearby - Could open for night trade (STA)
Hours
7 days - Mon. - Sun. - 8 a.m. - 2.30 p.m,
Lease
Nov. 2020 - Nov 22 + 2 year option C.P.I. increases. - 3 months bond.
Employees
2 owners (Wages shown in profit)
About the Business
Cafe - Espresso - Takeaway - Vegetarian - Eastern Suburbs
SBX Code: SF1376
Cafe - takeaway selling 15 kg kgs. coffee p.w. and serving an all vegetarian menu of breakfast and lunch which includes sandwiches, wraps, salads, soup, burgers, fresh juice, smoothies and pastries - Light cooking only with grease trap and no exhaust - 12 seats inside and 8 seats outside. - Coffee machine at the front of the shop near the street.- Currently fully vegetarian so potential to expand menu and increase sales - Strong sales during Covid-19 and high tourist area with sculptures by the sea etc nearby
Features
Very good rent - Short hours - Easy to run - High residential area - Well established - Expand menu - Profitable
Premises
Cafe below an apartment block with full bifold doors a store room, toilet and an area of approx. 55 m2
Comments
Misc. - 1 - Other general expenses - Misc.- 2 - Outdoor seating. - Coffee sales increase to over 20 kg p.w.in the summer when more tourists are around. - The two owners wages are shown in net profit .
SBX Code: SF1376
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