Sydney Cafe & Sandwich Shop For Sale

Business description

Cafe sandwich shop $245,000 plus stock
close to CBD in the inner west of Sydney
Weekly rent of $570 plus gst includes outside seating license fees,
Turnover $10700 a week in six days trading Opens daily at 7am and closes at 5pm Mon to Friday and 4.30pm Saturdays.
profit $3000 a week to one owner working.
Owner arrives at 6.15 am daily.

Simple foods no heavy cooking allowed,( no grease trap) Toasts, bagels, BLT`s, Porridge, Soups,Salads, healthy Pies, sandwiches, cakes biscuits slices, coffee approx 25 kilos a week.
Mainly take away customers however in and out seating for approx 16 or so.
Located away from high rental shops of the area close to offices Architects, graphic designers.
Modern trendy atmosphere and ambience!
All equipment owned and business sold free of any encumbrances
Bank guarantee required to landlord of 6 months rent or $14,000 approx.
Same owners five years very clean and fresh with excellent reputation.
The owners would like to keep the business name for personal reasons but will agree to sign all restraints of trade etc .

Property information

Real Estate:

Lease

Lease terms:

five years plus option for five more

Leasehold rent:

$30,160 per annum

Location:

The location is in a trendy suburb of inner west of Sydney. It is not absolutley in the middle of the shopping precinct rather located in a small strip of shops . There is not much around apart from customers. Customers in small businesses such as Graphic designers architects etc.

Premises details:

take away and sit down cafe sandwich with no heavuy cooking.small prep area out the back with a toilet on the premises/ Storage also available. Parking available outside and down the street with council all day sticker.

Size in square feet:

65

Other information

Expansion potential:

Perhaps you can open longer evenings and on the 7th day but trade is good anyway. Dont change it.

Planning consent:

Da for take away

Competition / Market:

The owner is happy to offer any training or provide what invoices figures a buyer may need to see.

Reasons for selling:

Owners tired

Trading hours:

six days 6am arrive 5 pm gone. Sundays closed.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$5,000