, Parramatta NSW

For Sale

Food/Hospitality

$320,000 + GST

250m2

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Full Time 5
    • Staff Casual 1
    • Annual Turnover 832000
    • Annual Gross Profit 598000
    • Annual Ebit 234000

Business Headline : Established Cafe, Operated under management, Parramatta Legal Precinct


Price : $320,000


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


This large cafe in the Parramatta Courts precinct has been operating successfully for over 9 years; the past year under management.


Key features:



  • A massive kitchen, cool room, walk in freezer.

  • Two separate pantries allows for a strong catering business. 

  • Catering accounts for roughly 45-50% of the weekly takings, with regular corporate and government clients ordering on a daily basis. 

  • Included in the assets is a 2014, business branded VW Caddy Van for deliveries.

  • Cafe has great indoor/outdoor seating with 60 seats inside and 30 undercover outside on a busy commuter strip.

  • Currently operating 5 days, Mon-Fri, 6.30am to 3pm.


Potential:



  • Possible opportunities to grow include increasing coffee sales from the current 20kg per week, weekend trading and securing a liquor licence. 

  • The kitchen could possibly support a conversion from Cafe to Cafe/Restaurant.

  • The business can open longer hours including weekends.

  • An owner operator could possibly improve overall cafe performance.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4003562#enquire-now

Annual Rent : $112,145 -
Weekly Rent : $2,157


Annual Turnover : $832,000 -
Weekly Turnover : $16,000


Annual Gross Profit : $598,000 -
Weekly Gross Profit : $11,500


Annual Ebit : $234,000 -
Weekly Ebit : $4,500


Premise : Leased


Lease Commencement : Jul 2014


Lease End : Jun 2019


Lease Option:
5 years


Current Outgoings pa: $3,640


Total Floor Area : 250 Square Metres


Total No of Parking : 2



Franchise : No


Approximate Stock Value : $7,500


Year Purchased : 2016


Days Trading : 5


Staff :
5 Full Time - 1 Casual


Reason for Sale : Change of career


Location : Parramatta CBD


Business Potential : Increase catering, obtain liquor licence, trade longer hours


Parking Comments : 2 cars - Undercover in building