Internal Ref: W1888
Summary
SBX Code: W1888 - Cafe attached to hotel and back of university selling 70 kgs. coffee p.w. with takings over $28,000 p.w. One owner works only 4 days per week .
Rent
$610 pw
Net Profit
$10,104 pw
Location Details
Great location in residential area in City Fringe back of Sydney University and attached to hotel.
Potential
Ideal family business to save on wages and increase profit. Enhance social media via Instagram and snapshot. Extension of working hours, Add up more to lunch menu.
Hours
7 days - Monday to Friday 700 a.m to 300 p.m. Saturday & Sunday 800 a.m to 300 p.m.
Lease
5 yr. lease from May 2024 - 4% rent increases, - 3 month bond
Employees
1 owner (3 - 4 days p.w. -8.00a.m. - 1.30 p.m.) + 4 full timers+ 5 part timers.
About the Business
Cafe - Takeaway - City Fringe
SBX Code: W1888
Cafe - Takeaway selling 60 - 70 kgs. coffee and 12 kgs. chocolate powder p.w.. This cafe has a well earned reputation, as evidenced by its strong instagram following reviews rating 5. A highly attractive all day menu includes brushetta, roasted pumpkin salad, breakfast plate, morning burger, omelettes, pulled pork burger, wild mushroom, chicken risotto, open grill sandwiches, beautiful fresh salads, breakfasts including bacon and eggs and also inviting cakes and sweets. 28 seats inside and 4 outside. Liquor license obtained and features a full kitchen.
Features
Prime location - A great opportunity to own an established cafe with great turnover. - Regular customers - Very low rent with no outgoings - No competition.
Premises
This business has an area of 90 sq. mts.
Comments
During school hours average takings are $27,000 p.w. and school holidays $21,000 p.w. - During the workdays most of the customers are University students and from hotel and weekends locals. All equipment including coffee machine, grinder belongs to business. - Misc.-1. - Sparkling Tap $45 p.w., Misc.- 2- Eftpos machine $15 p.w.. Sales can be verified by bank statements. Motivated vendor considering opening other cafe - A must inspection, staff are not aware please inspect through your SBX brokers.
SBX Code: W1888
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