Cafe - Lobby - Espresso - Takeaway - Cafe In Medical Precinct Lwr Nth Shore - Sales $90,000 - $20+k Profit Pw

Business For Sale St Leonards, New South Wales 2065

Business Category Cafe and Coffee Shop

$2,800,000

Description

Cafe - Lobby - Espresso - Takeaway - Cafe In Medical Precinct Lwr Nth Shore - Sales $90,000 - $20+k Profit Pw

Cafe - Lobby - Espresso - Takeaway - - Agent SBX Code Number: PM1057

Cafe / Espresso / Panini bar with full counter service and brand new full commercial kitchen situated between two service areas is located in a new medical office building with extensive inside and outside seating - 70 seats inside, 60 seats outside. Selling 120 kgs of coffee weekly!!! Serving Breakfast, lunch and dinner. Items include yoghurts, fruit salads, eggs any way, burgers, fresh sandwiches, soups, wraps, Italian paninis, pastas, ice lattes, acai bowls and smoothies. Able to provide large catering service including functions. Currently, the business is taking $92,000 per week in sales on average with potential to increase revenue further. Profit is a whopping $20,000++ per week.The premises is equipped with top-of-the-line equipment, in addition to a separate full commercial kitchen, which are all fully owned and will be included in the sale.

Potential
Further Catering Potential is there for the taking - Update Online social media presence - promote online ordering

Features
First class fit out $1 Million++ - Long lease in place (12 years left) - Captive market in a prime medical precinct lower north shore - Rental includes all outgoings and seperate 60 sqm storage area - Unbelievable profits of 20k + p/w with strong growth potential

Premises
Two adjacent customer areas separated by a state of art shared kitchen. Fit-out combined over $1 million - 70 seats inside, 60 seats outside.

Location
Prime location in the heart of a major medical precinct under large office building in the lower north shore.

Trading Hours
Shop #1 Mon - Thurs 6am - 4pm, Friday 6am - 8pm, Saturday 7am - 2pm, Sunday Closed.Shop #2 Mon - Thurs 6am - 4pm, Friday 6am - 8pm, Saturday / Sunday Closed.

Lease
12 years remaining expires July 2036 - 4% annual Increases - Rental Bond $68,750.

Employees
2 owners & 16 staff

Comments
Cafe / Espresso / Panini bar with a full state of the art commercial kitchen in prime location in a new high rise commercial building in the medical precinct in the lower north shore. 12 years lease remaining. - Catering approx. 5% of weekly sales.- Very well run with very healthy profits in excess of $20,000 per week. NOT TO BE MISSED !

Agent SBX Code Number: PM1057 - Sydney Business Exchange

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


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Bsale ID: 650601
Broker REF: PM1057

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