, Sydney NSW

For Sale

Food/Hospitality

SOLD + GST

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Full Time 1
    • Staff Part Time 2
    • Annual Turnover 416000
    • Annual Gross Profit 299000
    • Annual Ebit 62400

Business Headline : Lobby Espresso Bar - Sydney CBD


Price : $130,000


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


Lobby Espresso Bar Cafe in Prime CBD location, nearby Circular Quay. The street corner lobby location means trade is drawn from the 15 story office building and the stream of tourists and other passers by.


Key Features:



  • Prime location in the heart of Sydney\'s CBD

  • Serving 20kg of coffee per week.

  • The weekly rent includes electricity, water, garbage and all other outgoings.


Potential:



  • An experienced barista could grow this substantially.

  • A great chance to get in quickly and draw back pre-existing customers, immediately increasing value.


Until a few weeks ago, this business was taking in excess of $12,000 per week. However, the co-owner, and main operator, of the business has fallen ill and the business must be sold. The figures reflected in the advert are those as currently operating.


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Annual Rent : $151,332 -
Weekly Rent : $2,910


Annual Turnover : $416,000 -
Weekly Turnover : $8,000


Annual Gross Profit : $299,000 -
Weekly Gross Profit : $5,750


Annual Ebit : $62,400 -
Weekly Ebit : $1,200


Premise : Leased


Lease Commencement : Feb 2016


Lease End : Feb 2021



Franchise : No


Approximate Stock Value : $4,000


Days Trading : 5


Staff :
1 Full Time - 2 Part Time


Staff Salaries : $72,800


Reason for Sale : Owner is ill and can no longer work in the shop


Location : In the heart of Sydney's CBD


Business Potential : Increase coffee sales