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Food, Beverage & Hospitality business for sale in Earlwood

  • Food, Beverage & Hospitality
  • Earlwood NSW 2206
  • $300,000 (GST na)

For Sale Well Established Suburban Cafe Mon To Sat lunch Only Earlwood Sydney

This busy suburban cafe offers exceptional coffee and food, providing an outstanding customer experience. Strategically located in a residential district, it serves as a perfect meeting place for breakfast and lunch, with high demand for extended evening and Sunday trade.
The cafe features an easy-to-run setup, including:
* Commercial kitchen
* Coffee bar
* Cake display
* Seating for 40 indoors and 18 undercover outdoors
Popular with locals, passing road traffic, and foot traffic.This is a fantastic opportunity for a motivated owner to continue the success and growth of this well-known local cafe.
Key Features:* Coffee sales: 30 kilos per week (approx.)
* Low rent: $1,100 per week (approx.) inclusive of all outgoings, representing 5% of takings
* Consumables cost: 25% (approx.)
* Staff wages: 25%, plus one owner-operator wage
* Trading hours:* Monday to Friday: 6:30 AM - 3:30 PM
* Saturday: 7:00 AM - 2:00 PM
* Closed on Sundays

Financial Summary:* Weekly takings: $20,000 (approx.)
* Weekly profit: $5,000 (approx.)
* Owner's wages (excluding profit): $500 per week (included in the above figures)
Lease Details:* New 6-year lease
* Fixed 3% annual increases
* Rent: $1,100 + GST per week
This cafe is currently owner-operated, with the owner responsible for administration, management, and all-round duties.
CONTACT AGENT Angelo Fournaris 0410 544 347 angelo@networkinfinity.com.au
TO RECEIVE MORE INFORMATION CLICK THE GREEN BUTTON, CONFIDENTIALITY AGREEMENT ONCE YOU HAVE REGISTED FROM THIS LINK. https://networkinfinity.com.au/signup

Disclaimer
The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity and the agent/broker does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative
of the actual business or it's products.

Network Infinity
Network Infinity
1/19-21 Gibbes St
Chatswood, NSW 2067

Business Highlights

Business ID2018419567
Floor AreaAsk Business Broker
Category
Last updated  21 Nov 2024
Map for Earlwood NSW 2206
Map for Earlwood NSW 2206Earlwood NSW 2206
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Network Infinity
Network Infinity
1/19-21 Gibbes St
Chatswood, NSW 2067

Business Highlights

Business ID2018419567
Floor AreaAsk Business Broker
Category
Last updated  21 Nov 2024

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