Industry:
Food and Hospitality
Business Address:
Clovelly, Sydney, NSW, 2031, Australia
Click on pics to enlarge.
AD
ID:
B141000018
Asking
Price:
AUD$340,000
Rent:
Detail
business type:
Cafe Restaurant
Business
Ph:
After
hours ph:
Contact Details
Name:
Mr. Daniel Kogan
Advertising
Nature:
Private Seller
Company
Name:
Phone:
0401 620 918
Mobile:
0413 820 652
Fax:
Email:
beachcafeforsale@outlook.com
Website:
Suburb/State:
Clovelly / NSW
Postal Code:
2031
Country:
Australia
Comments:
Features
SYDNEY BEACH SIDE CAFE RESTAURANT FOR SALE
Sydney Beach Side Cafe Restaurant Newly re-furbished and contemporary Cafe Restaurant partially managed running 7 days with $96k+ Profits For Sale. URBAN SPOON RANKING OF 93%.
7 days a week cafe/restaurant with full time manager and supported by a hands on owner, profits clearing $94,000 per year with further room to grow. Newly re-furbished fit out and in excellent condition, has a liquor licence in place and a fantastic location by one of Sydney's most prestigious beach sides.
Potential
Increase functions, events, catering and strong focus on evening trade as the cafe/restaurant already has a very strong breakfast following. Dinner trade is only 4 nights a week so further potential to increase dinner trading
The business is run by a full time manager and the sole owner, additional savings are made on personal expenses like food, wages, car, phone etc.
Features
20kg coffee per week
Seats 40 people inside and 20 outside
Cafe has a liquor licence and an extensive range of wines/beers/spirits
License 7days
Premises
Commercial kitchen
Recently refurbished interior decor
All equipment is in excellent condition, fully owned and included in the sale
Surrounded by residential premises, local pub and minimal direct competitors
At the footstep of one of Sydney's favourite local beaches
Location
Clovelly
Current Trading Hours
Breakfast/Lunch 7days: 7:30am-3:00pm
Dinner 4nights: 6:00pm-11:00pm
Lease
$1,089 + GST per week
Runs to January 2021 with possibility of signing new lease of 5+5 agreed to by landlord
Financials
Turnover 2014 $935,000
Profit 2014 $96,600+
Full financials available once genuine interest is established
Price
$280,000 + SAV (Stock At Value)
Contact
Daniel Kogan
(m) 0401 620 918
(e) beachcafeforsale@outlook.com
