, Parramatta NSW

For Sale

Food/Hospitality

$249,000 + GST

108m2

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Full Time 3
    • Staff Part Time 2
    • Annual Turnover 650000
    • Annual Gross Profit 463000
    • Annual Ebit 189000

Business Headline : Busy Espresso Bar - Parramatta


Price : $249,000


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


Boutique Cafe, excellent position in Parramatta. Close to City Square, the Courts and the Eat St precinct.


Key Features



  • Great combination of indoor seats and covered alfresco seats on the busy strip (seats 50).

  • Shop is exposed to high volume foot traffic.

  • Serves Modern Australian Breakfast and Lunch.

  • Creative menu with great coffee volume - approx 32Kg coffee/hot choc per week.

  • Trading day - 6:30am to 4pm Monday to Friday, 7:30am to 4pm on weekends.

  • Highly popular with locals and staff from nearby businesses.

  • Lease term to Feb 2022.

  • 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.


Potential



  • Potential to build on the current list of existing catering clients using existing reputation.

  • Increase daily trading hours.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4425958#enquire-now

Annual Rent : $88,400 -
Weekly Rent : $1,700


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


Annual Gross Profit : $463,000 -
Weekly Gross Profit : $8,904


Annual Ebit : $189,000 -
Weekly Ebit : $3,635


Premise : Leased


Lease Commencement : Feb 2016


Lease End : Feb 2022


Total Land Area : 108 Square Metres


Total Floor Area : 108 Square Metres



Franchise : No


Approximate Stock Value : $3,000


Year Purchased : 2016


Year Established : 2016


Days Trading : 7


Staff :
3 Full Time - 2 Part Time


Staff Salaries : $151,000


Reason for Sale : Other commitments


Location : Parramatta CBD


Business Potential : Increase catering, trade longer hours