Cafe - Espresso - Takeaway - Catering - Priced To Sell - Cafe - Sydney Cbd - 50% Rent Till Dec 2021 - 48m2 - 5 Days

Business For Sale Sydney, New South Wales 2000

Business Category Cafe and Coffee Shop

$58,000

Description

Cafe - Espresso - Takeaway - Catering - Priced To Sell - Cafe - Sydney Cbd - 50% Rent Till Dec 2021 - 48m2 - 5 Days

Cafe - Espresso - Takeaway - Catering - Sydney CBD - Agent SBX Code Number: CB1318SF

Cafe- Espresso - Takeaway - Pre Covid coffee sales of approx. 35-40 kgs. p.w. with easily prepared meals and snacks - Wide choice from popular blackboard breakfast menu, with Italian influenced lunch menu offering salads, burgers, sandwiches, wraps, juices, hot chocolate, smoothies, along with muffins and friands have strong support - Recent addition of a pizza machine. - Full kitchen which is compact and very functional with ample under bench freezer and refrigeration - Hot and cold display counters. PRE- COVID SALES $18,000 PER WEEK - Current rent at 50% till Dec 2021 of $1,390 pw ex GST - Walk in walk out ( WIWO )

Potential
Target social media - Increase catering potential - Utilise new pizza installation - Extend hours.

Features
Strong regular customer base - Excellent location - Well established for over 10 years - Easy to run. - Lots of new developments under construction nearby- Lots of tradesman getting coffee now and in future

Premises
Popular and well positioned cafe with Mural walls, open front and a hole in the wall vibe - The kitchen is located rear of serving area and an area of 48 sq. mts.

Location
Prominent position in Sydney CBD surrounded by commercial and retail and close to tram and train stops.

Trading Hours
5 days - Mon. - Fri. - 6.00 a.m. - 3.00 p.m.

Lease
Current lease expires Oct 2022 - 4% C.P.I. increases - Current Bond 6 months. - The Landlord is willing offer a new lease and rent package

Employees
2 owners 2-3 casuals

Comments
Coffee machine and grinder remain property of supplier. WIWO - Not being sold on figures - Pre Covid sales where $18K p.w. - The owner has reduced the price to meet the current market and there is lots of potential Post Covid as people return to work - This is a great opportunity for a savvy and motivated buyer who has some hospitality experience - Landlord is willing offer a new lease and rent package which is negotiable. - Lots of new developments under construction nearby including Dept. of lands and Education buildings and a 5 star hotel - A must to inspect as loads of potential!!

Agent SBX Code Number: CB1318SF - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 560227
Broker REF: CB1318SF

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