For Sale Well Established Suburban Cafe Mon To Sat Lunch Only Earlwood Sydney

Business For Sale Earlwood, New South Wales 2206

Business Category Cafe and Coffee Shop

$300,000

Description

For Sale Well Established Suburban Cafe Mon To Sat Lunch Only Earlwood Sydney

This busy suburban cafe offers exceptional coffee and food, providing an outstanding customer experience. Strategically located in a residential district, it serves as a perfect meeting place for breakfast and lunch, with high demand for extended evening and Sunday trade.
The cafe features an easy-to-run setup, including:
* Commercial kitchen
* Coffee bar
* Cake display
* Seating for 40 indoors and 18 undercover outdoors
Popular with locals, passing road traffic, and foot traffic.This is a fantastic opportunity for a motivated owner to continue the success and growth of this well-known local cafe.
Key Features:* Coffee sales: 30 kilos per week (approx.)
* Low rent: $1,100 per week (approx.) inclusive of all outgoings, representing 5% of takings
* Consumables cost: 25% (approx.)
* Staff wages: 25%, plus one owner-operator wage
* Trading hours:* Monday to Friday: 6:30 AM - 3:30 PM
* Saturday: 7:00 AM - 2:00 PM
* Closed on Sundays

Financial Summary:* Weekly takings: $20,000 (approx.)
* Weekly profit: $5,000 (approx.)
* Owner's wages (excluding profit): $500 per week (included in the above figures)
Lease Details:* New 6-year lease
* Fixed 3% annual increases
* Rent: $1,100 + GST per week
This cafe is currently owner-operated, with the owner responsible for administration, management, and all-round duties.
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: 608940
Broker REF: 2711

Network Infinity
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