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Outstanding Cafe Opportunity | 10 Year Lease | 45k PW | 5% Rent on Turnover

SELLING PRICE

$979,000.00

LISTING AGENT

Chris Minas

OVERVIEW

  • Listing ID 2051
  • Price $979,000.00
  • Categories Cafe/Coffee Shop

Details

                                  Exclusively Listed to Chris Minas 

                        This has to be one of the Best Cafe's on Offer !!!!

                                       Position , Potential , Profit

This Cafe is turning out to be one of the BEST Cafes on offer in Sydney....

It has a Fantastic Position , Ambience , Affluent Clientele and a beautiful fit out.

Thus explains why Patrons are lining up Day in Day out , as this Cafe is turning into an Institution.

It has amazing Corner Exposure and a Trial will be given on $ 45k per week.

With a Rent of only $ 2423.00 ( inc GST ) being only 5% of its Turnover and a Great Secured Lease of 10 Years Remaining.

It has top of the range and quality equipment throughout the cafe with Great indoor and Excellent Outdoor Seating which makes this cafe very hard to compete with for many years to come.

Selling over 50 kgs of Coffee with Potential to Easily Increase.

The Margins on this Cafe are very high due to its location and clientele which leaves a very healthy profit.

The area is 240 sqm with excellent amenities for its Staff including Parking for its Owner.

This Cafe is Fully Under Management 7 days per week , Keep as is or Own and Operate can easily reduce wages from the minute you takes over.

Currently the Wages are at $ 16,000.00 PW inc owners take and its Cost of Goods Sold are at 24 % of its Takings.

The Owner of this Business is not Hands on and only takes care of Payroll & Admin Duties.

Current Owner will assist Greatly in Passing all Training and his Knowledge of Success to the New Buyer for a Smooth Take Over.

A Savvy hands on Operator can greatly reduce wages and increase profit even greater.

CLICK THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION

OR FOR HELP REGISTERING ON OUR SITE PLEASE CONTACT:


Chris Minas 

0414 241 332

chrisminas@networkinfinity.com.au




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