Prime Location 5-Day Cafe in Ultimo – Almost 30kg Coffee Sold P/w – SOLD!
Prime Location 5-Day Cafe near University and Tafe Selling Over 25kg Coffee a Week.
Lease, Cofee Invoices and Point of sale receipts are available for the purchaser to review.
$149,000 Negotiable (Offers are Invited)
Weekly Gross Profit (Takings less Cost of Sales)
$6,545 Gross Profit
- Rent is currently $1,500/wk including Outgoing.
- Current lease term to June 2023 + 2 x 5 Options.
- Annual C.P.I.increases - 3 months rental bond.
- This business has an area of approx. 40 sq. mts.
- Fully equipped kitchen with a deep fryer, grease trap fridges and coffee machine owned by the business.
- 1 f/t owner + 2 full-time staff.
- Wages are approximately $2,000/pw ex owner.
- 5 days - Mon. - Fri. - 630 a.m. - 400 p.m.
- Closed Saturday to Sunday
Owner also has an accounting business and can't manage both at the same time.
- An active and experienced owner operator working full time in the business could easily reduce wages and increase profits.
- Could improve this business by offering catering to the local businesses. - could open for Saturday morning Trade.
- Also the potential to put in place online delivery services for a quick boost in sales.
- Outgoings are included in lease figure.
- Special arrangement with coffee bean supplier.
- Finance options may be available.