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Restaurant- Cafe - Upper North Shore - (Code: FN1309)

Restaurant - Shopping centre location - Upper North Shore-Sales $75,000 p.w

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Price: $1,200,000






Weekly Takings (inc GST) $75,000
Cost of Goods $22,000
Gross Profit $53,000
Rent $5,190
Wages $18,350
Outgoings $
Telephone $
Insurance $57
Electricity $1,700
Gas $553
Misc 1 $150
Misc 2 $
Total Expenses $26,000
Net Profit $27,000
Coffee Kilos P/W 55.0

Estimated Stock

$15,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>Fully licensed cafe and restaurant serving a wide range of dishes for breakfast, lunch, and dinner. Popular menu items include salted caramel French toast, dry-aged Wagyu steaks, vibrant Asian fusion cuisine, Margherita pizza, pork ribs, Aussie Wagyu beef burgers with chips, seafood marinara spaghettini, olive pasta, and more. - The business averages coffee sales of 55kgs. per week, and offers 56 indoor seats and 40 outdoor seats. Liquor license valid until 11:30 p.m.. State-of-the-art modern fit-out with no further investment required. - Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydney's best-performing cafe/restaurants</p>

Potential
Ideal for an experienced owner-operator looking to improve profit margins-Opportunity to expand catering services -Potential to boost sales through local marketing and a stronger social media presence

Features
Prime location with high foot traffic- Wide selection of popular Australian and Asian fusion dishes- Stylish and modern fit-out in excellent condition- Strong online reviews and loyal customer base. Turnkey operation - nothing more to spend

Premises
Spacious and beautifully designed cafe / restaurant with 340 sqm of total space with fully equipped kitchen, large dining area, and outdoor seating area

Location
Premium position at the outside entrance of a major shopping centre in Sydney's Upper North Shore having excellent visibility, signage exposure, and easy customer access

Trading Hours
7 days - Monday to Sunday: 7:00 am to 9:30 pm.

Lease
9 year lease commenced March 2019 - 4-month bond - 4% annual rent increases (CPI linked)

Employees
Under full Management - 12 full timers + 5 part timers + 6 casuals.

Comments

Operates under a licensed brand name (3 venues in Sydney under the same branding)- Coffee machine, milk fridge, and drink fridge are owned by the coffee supplier, pizza fireplace is owned by the business- Rent includes outgoings and marketing fees- Sales are steadily growing-Please be discreet when visiting - do not approach staff or owners-Rare opportunity to acquire one of Sydney's best-performing cafe/restaurants



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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXFN1309

For more details please call (02) 9439 4403
or click here to register with us.


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