For Sale Well Established Suburban Cafe Mon To Sat lunch Only Earlwood Sydney

Earlwood NSW
Asking Price $230,000
About
An outstanding busy suburban cafe brewing delicious coffee paired with great food, providing an exceptional customer experience strategically positioned in a residential district providing a great meeting place for breakfast and lunch with demand for extended evening and Sunday trade.
This easy to run set up is sure to impress, and includes a commercial kitchen, coffee bar, cake display, seating for 40 indoor plus 18 undercover outdoor and much more.
Popular with locals, passing road and foot traffic.
Perfect opportunity for a new motivated owner to continue the success and growing momentum of this well known local cafe.
Key features include:
Serving 30 kilos of coffee per week appox.
low rent 5% ($1,100 pw ) approx inclusive of all out goings with long lease.
Purchase of consumables 25% approx.
Staff wages 25% plus one owner operator wages.
Limited trading hours, Monday to Friday 6.30 am - 3-30 pm and Saturday 7 am - 2 pm.
Takings per week- $ 20,000 approx. Profit per week-  $5000 approxOwners wages per week excluding above profit-  $500 pw included in above figures. Trading - 6 days per week, Sundays closed. Managementset up or owner operated.- owner operated Owner operator, duties, adminstration, management all rounder.
New lease 6 year lease fixed 3% increased annually, $1100+gst.

CONTACT AGENT Angelo Fournaris xxxxx xxxxx
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Disclaimer
The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity and the agent/broker does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative
of the actual business or it's products.
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