Business Sold Mascot, New South Wales 2020
Business Category Cafe and Coffee Shop
SOLD
Description
For Sale Busy Established Cafe Situated In The Centre Of All Mascot Sydney
Exceptional Cafe in the Heart of a Bustling Suburb.
Don't miss the opportunity to own this outstanding cafe/take away strategically positioned in the center of a busling suburb. With its prime corner location out the front of a main bus stop, constant flow of high foot trafic and impressive setup, this thriving business is a popular meeting place for breakfast, lunch, and everything in between. This cafe has established a strong customer base and consistent profitability.
Affordable low rent, with a long lease provides a stability long term potential.
Currently open 7 days a week for morning and lunch trade CLOSING 1.30pm Daily, there is the possibility of expanding trade, maximizing revenue opportunities.Efficient management, The cafe is currently owner operated with trained management and staff for management run potential, ensuring smooth day-to-day operations for the new owner.Coffee sales with an impressive 60kl coffee sales per week, plus 6kl of chocolate, this cafe caters to the thriving coffee culture.
Motivated vendor, the current owner is highly motivated to sell, presenting an excellent opportunity for an aspiring cafe entrepreneur.The cafe offers seating for 80 customers, with 55 indoor and 25 outdoor seats, creating a welcoming and comfortable environment.Strong online presence with a significant social media following and positive reviews on platforms like Facebook and Google, the cafe has established a reputable online presence.Experienced staff, the cafe currently operates with a team of approximately 16 staff members (10 part time), including part-time working owner and a dedicated manager with six years emplyement history. Convenient facilities, along with a recently renovated interior, the cafe includes an office, storage room, and a rear lane garage with a roller door.
Currently trading till 1.30pm only, 7 days per week.
On cuurent lease. New lease on offer, new 5 years plus 5 years option.
Key Points Weekly summary approximately, includes GST unless stated otherwise.Takings $ 33,000Cost of Goods $ 9500Rent $2199 Outgoin included in the above rent. Wages $ 9700 Tele/Internet $ 25 Insurance $ 50 Electricity $ 350 Gas $ 120 Marketing $ 0 Rubbish Removal $ 220 Subscriptions $ 0 Accounting/Bank Fees $ 250 Misc + BAS + tax's , super ect - $2500Net profit approximately $7500 per week + $1500 owners wages listed in wages above.
CONTACT AGENT Angelo Fournaris XXXXXXXXXX XXXXXXXXXX
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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.
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