, Marrickville NSW

For Sale

Food/Hospitality

$239,000 + GST

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Casual 2
    • Annual Turnover 650000
    • Annual Gross Profit 471000
    • Annual Ebit 188700
    • Staff Full Time 1
    • Staff Part Time 4

Business Headline : Cafe in Marrickville. Great street corner spot. Low Rent.


Price : $239,000


Category : Food/Hospitality, Cafe/Coffee Shop, Takeaway Food, Restaurant


Key Features:



  • Superb corner location, great exposure to pedestrian foot traffic and easy access for cars to park in the side street.

  • Appealing fit-out and ambience. Modern with rustic elements.

  • Strong reputation and brand attained from owner\'s passion, skill and commitment to good quality food.

  • Cafe has excellent seating for 42, including 15 alfresco in prime position.

  • Excellent Lease term 3.5 + 5 + 5 year.

  • Lease includes the use of 2 bedroom / offices plus kitchen which could be used to generate rental income.

  • Creative menu based on Modern Australian Breakfast and Lunch.

  • Outstanding feedback from online review platforms.

  • Currently operating 7 days, Mon-Fri 6am-3:30pm. Weekends 7am-3pm.

  • Serving approx. 34kg coffee/hot choc per week.


Potential:



  • Build on catering clients using brand\'s existing reputation and the abundance of nearby businesses.

  • Build on UberEats demand.

  • Increase daily trading hours.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4797645#enquire-now

Annual Rent : $61,800 -
Weekly Rent : $1,188


Annual Turnover : $650,000 -
Weekly Turnover : $12,500


Annual Gross Profit : $471,000 -
Weekly Gross Profit : $9,058


Annual Ebit : $188,700 -
Weekly Ebit : $3,629


Premise : Leased


Lease Commencement : Sep 2017


Lease End : Sep 2022


Lease Option:
5 + 5 years


Current Outgoings pa: $4,000


Total Land Area : 60 Square Metres



Franchise : No


Approximate Stock Value : $5,000


Year Purchased : 2017


Year Established : 2017


Days Trading : 7


Staff :
1 Full Time - 4 Part Time - 2 Casual


Staff Salaries : $178,500


Reason for Sale : Other opportunities


Location : Marrickville


Business Potential : Increased catering, increase hours, Uber Eats / Deliveroo