Cafe - Takeaway - Cafe - Espresso -takeaway - Sales $29,097 P.w. - Nets $6,912 P.w.

Business For Sale Bankstown, New South Wales 2200

Business Category Cafe and Coffee Shop

$520,000

Description

Cafe - Takeaway - Cafe - Espresso -takeaway - Sales $29,097 P.w. - Nets $6,912 P.w.

Cafe - Takeaway - South West Sydney - Agent SBX Code Number: G1787

Cafe - takeaway well located in a very busy shopping centre selling 30 kgs of coffee p.w. with an all-day breakfast and lunch menu including their famous waffles & pancakes. The cafe also has a section devoted to kitchen / pantry retail providing an additional revenue stream. - 60 seats inside and 12 seats outside

Potential
There is the potential to increase sales by being more active with social media and marketing of home & office deliveries with uber eats & other delivery services. Could increase revenue through improving the range of pantry & kitchen gift products.

Features
Well established. This cafe has been in the same family for 32 years. Prime location. Huge passing foot traffic. Famous for its pancakes & waffles. Recent renovation.

Premises
This cafe has an area of 95 sq mts and had a full renovation only 18 months ago which cost $420,000.

Location
Situated in a prime location in a very busy shopping centre next to major supermarket and fruit market in South West Sydney.

Trading Hours
7 days - Monday to Saturday 8.30 am to 5.30 pm. Thursday 8.30 am to 9 pm & Sunday 9.30 am to 4 pm.

Lease
Current 7 year lease expires October 2029. - 3 months bond. - 5% annual increases.

Employees
1 owner + 3 / 4 kitchen staff + 3 /4 wait staff

Comments
Please note there is a walk in cool room & walk in freezer & storage room located in the downstairs loading dock. Perfect business for family run or could be run under management. The one owner that currently manages the cafe would be willing to stay on as manager for any potential investor.

Agent SBX Code Number: G1787 - Sydney Business Exchange
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SBX Business Brokers

Bsale ID: 647882
Broker REF: G1787

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