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$99,000 Must Sell | Regional Café/restaurant For Sale

Bathurst, New South Wales, Australia
Asking Price:
$99,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Fully fit for purpose and ready for trade!

If you’ve been looking to start your own café/restaurant, this may be the perfect opportunity that you’ve been waiting for… And at a fraction of the price!

The premises has an exceptional fit-out, which includes a high-quality commercial kitchen and equipment that well exceeds the $99,000 price tag.

The lease will be assigned as it stands and will expire in February 2023 with a 3-year option until 2026 for the new purchaser.

This opportunity is a steal for the new owner. The owners are prepared to consider all reasonable offers and are highly motivated towards a fast sale.

Features
Great position with shopfront exposure and street parking
Caters to both dine-in and takeaway options
100m2 of floor space catering to 30 seats
Quality Commercial Kitchen and Equipment
Low rental expense of $35,904 PA
Lease expires February 2023 with a 3-year option

Financials
Net Revenue: $844,973
Cost of Goods: $169,814
Annual Rent: $35,904
Expenses: $77,916
Wages incl Super: $411,473
Net Profit/EBITDA: $149,866
Profit to Working Owner/PEBITDA: $237,866

What happens next?

To fill out a confidentiality agreement on this business copy the following URL in your browser and follow the prompts https://www.mybizsale.com.au/post/must-sell-regional-cafe-restaurant

We hope you are the successful buyer.

Other Information

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