Cafe and Restaurant
NSW
|
Price:
$59,000
Trendy Potts Point Cafe. Motivated Vendor Must Relocate Soon. For Sale
This cafe will place you in the heart of the buzzy Potts Point cafe scene.
Highlights
Asking Price: $59,000 negotiable
Revenue: $650,000 p.a.
PBITDA $90,000 p.a.
Contemporary cafe on main thoroughfare in Potts Point
Known for its extensive organic offerings
Growing delivery business
Motivated seller needs to relocate for family reasons
Potts Point is a densely populated inner-city area just 2 kms from the Sydney CBD. Local business have benefited from its rapid gentrification during the past two decades. Potts Point is known for its outstanding cafe scene.
Listing ID: NSW09712
Broker: Richard Carter
Phone: 0419 241... (click to show)
Email: (click to show email)
THE PROSPECTIVE BUYER IS REQUIRED TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS PRESENTED AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE WITHIN THIS ADVERTISEMENT, BY THE VENDOR OR BY ANYONE ON THE VENDOR'S BEHALF.
PBITDA is net income before deducting owner's remuneration, discretionary expenses, depreciation, interest and taxes.
Ref: NSW09712
Timestamp: 202012... (click to show)0045
Price Suffix abbreviations
P.O.A - Price on Application
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Price:
$59,000