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Cafe - Takeaway - Long Lease For Sale

Sydney, New South Wales
Asking Price:
$195,000 (AUD)
Sales Revenue:
$442,000 (AUD)
Cash Flow:
$88,920 (AUD)

Cafe selling 30 kgs. coffee p.w., sandwiches, cakes, salads and all day breakfast. - 45 seats inside and outside. -Business excellence award issued by local council in 2017.

Potential
The business has huge potential to grow after City light rail completion and the shopping street will be transformed to walking street. - More developments and apartments will be built near by. - The business suits husband and wife team to reduce wages.

Features
Good location. - Well known by locals. - Low rent with long lease. - Potential plus.

Premises
Well presented shop with an area of approx. 50 m2.

Location
Street front location in Eastern Suburbs close to University.

Trading Hours
7 days - Mon. - Fri. - 6 a.m.- 5 p.m. - Sat. -Sun. - 7 a.m.- 4 p.m.

Lease
7 + 7 year lease commenced July, 2014 - 3% annual increases. - 3 months bond.

Employees
One owner ( working 4-5 hours a day ) + 2 full time staff + 3 casuals.

Comments

Property information

Location:

Street front location in Eastern Suburbs close to University.

Business Operation

Expansion Potential:

The business has huge potential to grow after City light rail completion and the shopping street will be transformed to walking street. - More developments and apartments will be built near by. - The business suits husband and wife team to reduce wages.

Trading hours:

7 days - Mon. - Fri. - 6 a.m.- 5 p.m. - Sat. -Sun. - 7 a.m.- 4 p.m.

Employees:
One owner ( working 4-5 hours a day ) + 2 full time staff + 3 casuals.
Years established:
20 years

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