For Sale Cafe Opposite Main Beach In The Heart Of All Northern Wollongong Sydney

Business Sold North Wollongong, New South Wales 2500

Business Category Cafe and Coffee Shop

SOLD

Description

For Sale Cafe Opposite Main Beach In The Heart Of All Northern Wollongong Sydney

Great opportunity to purchase a bustling blue chip cafe strategically positioned on the waters edge and busy esplanade walk way. Set in a sun drenched location over looking the horizon and surrounded by all, this business boasts a large outdoor and under cover seating capacity 50 plus in total. Ongoing strong support by locals and as well as holiday makers and tourist influx foot traffic. It's a perfect venture for any savvy investor with knowledge of the hospitality industry or an individual searching for an opportunity to make a great income.
Currently run with a trained team with the potential to open extra hours to increase turnover, this business represents great value and opportunity.
Motivated Vendor, price to sell quickly.

Key Points.
Currently serving 35 kilos per week, 70 kilos in summer.Trading 7 days, 7am till 2.30pm with demand for further trade.
New lease/tender available soon.

Weekly summary approximately, includes GST unless stated otherwise.
Takings Summer $30,000, Winter $23,000.
Takings average $27000.
Cost of Goods $8100.
Rent $2411.
Outgoings, included in the above rent.
Wages $8100.
Tele/Internet $30.
Insurance $207.
Electricity $50 for all electricity cost.
Gas $50 for all gas cost.
Misc $100
Net profit approximately $7952

CONTACT AGENT Angelo Fournaris XXXXXXXXXX XXXXXXXXXX
TO RECEIVE MORE INFORMATION CLICK THE GREEN BUTTON, CONFIDENTIALITY AGREEMENT ONCE YOU HAVE REGISTED FROM THIS LINK. XXXXXXXXXX

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.
Contact Seller
Angelo Fournaris

Bsale ID: 641791
Broker REF: 3054

Network Infinity