Internal Ref: SM1522
Summary
SBX Code: SM1522 - Fully licensed - takings $55,000 p.w. and netting over $12,000 p.w.
Rent
$4,383 pw
Net Profit
$12,043 pw
Location Details
Situated in City Fringe street front of busy shopping centre with more than 5000 apartments in the area and a lot of new developments under constru
Potential
This business has an opportunity to open for breakfast and add coffee for which there is a strong demand.
Hours
7 days. - Mon. - Sat. - 1130 a.m. till late. - Sun. -1130 a.m - 10 p.m.
Lease
Current lease expires 27th May, 2027 - New 5 year lease is available for approved purchaser. - 5%
Employees
6 full timers + 3 part timers + 8 casuals.
About the Business
Cafe -Restaurant - Bar - Under Management -
SBX Code: SM1522
Fully licensed bar / restaurant selling beer, wine and fusion foods with 250 sq.mts. inside with 150 seats plus 72 seat outdoor setting. The business has an excellent setup with good lighting, sound-proof sound system, full functional air-conditioning and heating.
Features
Under full management - Fully licensed with 11 taps installed - The business regularly holds corporate meetings, after-office drinks and large group meetings.
Premises
Business has 250 sqm with top fit out. 26 meter wide of shop front and high ceilings.
Comments
Misc.-1 - $144 software and IT support fee etc. - Misc.-2.- $800 Live Music DJ payment. - Under fully management. Vendor does paper work only. - Dont miss out. Call your broker for an inspection. Staff are not aware. Inspections only through your SBX Broker. - The weekly takings of $55,000 p.w. is true turnover and without GST.
SBX Code: SM1522
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