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Cafe - Restaurant - Takeaway - Major Event Location - Under Management - Inner West - (Code: PM1055)

Cafe - Restaurant - Under management - Profitable - Great lease - Western Sydney

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Price: $398,000






Weekly Takings (inc GST) $16,000
Cost of Goods $3,500
Gross Profit $12,500
Rent $778
Wages $5,500
Outgoings $
Telephone $25
Insurance $75
Electricity $500
Gas $180
Misc 1 $
Misc 2 $
Total Expenses $7,058
Net Profit $5,442
Coffee Kilos P/W 40.0

Estimated Stock

$15,000
(Additional)

Equipment

$250,000
(Included)
All other values
exclude GST
General Description
We present an exceptional opportunity to acquire a successful profitable Cafe / Restaurant nestled in the prime area of the vibrant Sydney Olympic Park. Boasting a loyal customer base and a reputation for excellent service and quality food, this cafe / restaurant is a gem waiting for the right owner to take it to new heights. The cafe presents as near-new, as it was recently renovated and features fantastic equipment, as well as a stylish and comfortable fit-out that presents endless opportunities. YOU simply cannot miss the amazing hospitality opportunity! With everything in place for success, you can start making money right away. This one won't last long!

Potential
Open evenings - Huge potential for increase the business and include dinner services - Utilising the production kitchen for catering and dark kitchen operations - Catering -

Features
LOCATION - LOCATION - LOCATION Major Event Precinct - Very Low Rent - Located under international hotel and serviced appartments - Fully managed by its dedicated staff - Expanding location, in constant development, with a promising projection of increased residential development under an urban renewal plan for Sydney Olympic Park area - Main road frontage with great exposure minutes to the Stadium Australia

Premises
The cafe / restaurant presents as near-new, as and features fantastic equipment, as well as a stylish and comfortable fit-out that presents endless opportunities. 30 seats inside and 24 seats outside.

Location
Fantastic location in MAJOR event precinct with rapidly expanding urban residential living at the doorstep

Trading Hours
Monday to Friday: 6am to 2pm. Saturday: 7am to 1pm Sunday - Closed

Lease
Lease Expires 31st September 2025 + One 5 year option - 3% fixed rental increases - 3 month Bond.

Employees
3 Full time & 1 Casual

Comments
Managers wage of $1700.00 per week has been reduced from wages and added to net profit.

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

SBXPM1055

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


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