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W1602 - Business For Sale - Cafe Coffee Shop Urgent sale - Profitable

(no street name provided), Newington NSW 2127

$179000

BusinessSize: n/a
Cafe - Takeaway - Gelato - Ice Cream - Inner West  
SBX Business Code: W1602
Cafe serving 25 kgs. coffee p.w., breakfast, lunch menu, sweets, gelato, ice cream, sliced cake, fresh juice and cold drinks - 19 seats inside - 9 seats outside.

Potential
Close to huge industrial park. - Promoting catering to the factories will increase sales.

Features
Modern style fitout - Sales and catering increasing weekly.

Premises
This business has an area of 85 sq.mts.

Location
Best location in shopping village opposite major supermarket in Inner West.

Trading Hours
7 days - Sun. - Mon. - 600 a.m. - 600 p.m. - Tues. - Sat. - 600 a.m. - 800 p.m.

Lease
5 years + 5 years lease commenced June, 2017 - 3 months bond - C.P.I. rent increases per year

Employees
2 owners full time + 4 parttimers

Comments
Sales figures shown do not include catering ( currently $1,500 p.w.) - Rent includes outgoings. - Over 4,000 apartments are being built surrounding this cafe and shopping area.- Since Covid19 sales have increased - rent includes outgoings - Motivated vendor - a must inspection.
Figures
Weekly Sales $12000
Rent (ex GST) $820
Wages $2000
Profit $5387


SBX Business Code: W1602

SBX Business Brokers - Sydney Business Exchange

Features include: Modern style fitout - Sales and catering increasing weekly.

Inspections

No open inspections scheduled.

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Key details

Property Type:Business
Stamp Duty:$4,700*
*These are approximate values based on available information.
SBX Business Brokers

Property history
New

Suburb and property insights

Median salesMedian sales
Median Sale Price For Newington
$860,000
Average Age
37 years
Population
5,802
Newington's Property Profile
Newington's Occupancy

Contact agents

SBX Business Brokers

SBX Business Brokers

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Please send me information on (no street name provided), Newington NSW 2127
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Listing ID: 178858764. This listing has been viewed 0 times. It was first displayed on 28/10/2020 and last updated on 28/10/2020.