Cafe -Restaurant - Bar - Under Management - - (Code: SM1522)
Restaurant -Bar - Cafe - Under management - Nets over $12,000 p.w. -City Fringe
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Price: $900,000
Weekly Takings (inc GST)
$55,000
Cost of Goods
$18,000
Gross Profit
$37,000
Rent
$4,383
Wages
$15,000
Outgoings
$2,598
Telephone
$13
Insurance
$589
Electricity
$716
Gas
$714
Misc 1
$144
Misc 2
$800
Total Expenses
$24,957
Net Profit
$12,043
Coffee Kilos P/W
0.0
Estimated Stock
$40,000
(Additional)
Equipment
$600,000
(Included)
All other values exclude GST
General Description <p>Fully licensed bar / restaurant selling beer, wine and fusion foods with 250 sq.mts. inside with 150 seats plus 72 seat outdoor setting. The business has an excellent setup with good lighting, sound-proof sound system, full functional air-conditioning and heating.</p>
Potential This business has an opportunity to open for breakfast and add coffee for which there is a strong demand.
Features Under full management - Fully licensed with 11 taps installed - The business regularly holds corporate meetings, after-office drinks and large group meetings.
Premises Business has 250 sqm with top fit out. 26 meter wide of shop front and high ceilings.
Location Situated in City Fringe street front of busy shopping centre with more than 5000 apartments in the area and a lot of new developments under construction around the shop.
Trading Hours 7 days. - Monday to Saturday: 11:30 am till late. Sunday: 11:30 am to 10 pm.
Lease Current lease expires 27th May 2027 - New 5 year lease is available for approved purchaser. - 5% annual increases. - 3 months Bank guarantee.
Employees 6 full timers + 3 part timers + 8 casuals.
Comments
Misc.-1 - $144 software and IT support fee etc. - Misc.-2.- $800 Live Music DJ payment. - Under fully management. Vendor does paper work only. - Don't miss out. Call your broker for an inspection. Staff are not aware. Inspections only through your SBX Broker. - The weekly takings of $55,000 p.w. is true turnover and without GST.
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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
SBXSM1522
For more details please call (02) 9439 4403 or
click here to register with us.
SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
SBXSM1522
For more details please call (02) 9439 4403
or click here to register with us.