Food and Hospitality
DEE WHY l NSW
Ref: 4851818

REDUCED - Water Front Cafe- Under Manage, Well Estab - WIWO For Sale

Business Headline : REDUCED - Water Front Cafe- Under Manage, Well Estab - WIWO


                                

Price : $99,000


                                

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


        

 


HIGH PROFIT UNDER FULL-MANAGEMENT - NOT TO BE MISSED


HIGH TURN OVER / GREAT LEASE


BEAUTIFUL WATER-FRONT CAFE 


Owner is moving Overseas and NEEDS to SELL Fast! - WIWO


 


Opportunity to purchase well established cafe/restaurant with high average weekly turnover of $42,700 per week.


Current owner has other interests and has commitments elsewhere. Currently runs under management.


Excellent reviews on Tripadvisor websites and has a good reputation to locals and also a popular place to dine for tourists.


All finacial figures are available. 


FEATURES:



  • Prime corner location with beach front

  • Well established and currently running under full management

  • Long lease

  • Fully licensed

  • Popular and well known place for locals and tourists


LOCATION:



  • Affluent northern beaches with water front view

  • Great corner location


PREMISE/EQUIPMENT:



  • High standard and well decored - 222 sqm

  • 80 seats inside & 40 outside.

  • Full kitchen with well maintained equipments

  • Just under 9 years of lease remaining


This business is suitable for people with experience in the same or a similar industry.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4851818#enquire-now

                        

Annual Rent : $257,868 -
                    Weekly Rent : $4,959


                                        

Annual Turnover : $2,470,830 -
                    Weekly Turnover : $47,516


                                

Annual Gross Profit : $1,648,342 -
                    Weekly Gross Profit : $31,699


                                

Annual Ebit : Not Disclosed -
                    Weekly Ebit : Not Disclosed


                                

Premise : Leased


                                

Lease Commencement : Dec 2017


                                        

Lease End : Sep 2022


                                

Lease Option:
                    5                    years


                                

Current Outgoings pa: $29,900


                                                                

Total Floor Area : 222 Square Metres


                                                
                        

Franchise : No


                                                

Year Purchased : 2016


                                

Year Established : 2007


                                

Days Trading : 7


                                

Staff :
                    3 Full Time - 4 Part Time


                                

Staff Salaries : $787,296


                                                        

Reason for Sale : Other business interests


                                        

Business Potential : Open for breakfast, online ordering/delivery

Price: $99,000
ABBA Group
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Australian enquiry? Yes No

Broker : Jun Chung
Phone: 1300 064... (click to show)
Mobile: 0420 887... (click to show)
Fax: 02 8588... (click to show)
Address:
Level 1, 183 Harris Street
PYRMONT, NSW, 2009


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