| Code: |
FP564 |
| Business Type: |
Cafe |
| Area: |
Surry Hills |
| Established: |
2003yr
|
| Lease: |
Lease Details : Commenced October 06- 09 Option: 3yrs + 3yrs
|
| Rent (excl GST): |
$900 pw gst is not applicable |
| Trading Hours: |
Mon-Sat 7am- 4pm/Tues-Thurs 4pm-10pm |
| No of Staff: |
Floor: 3 per day shift/ 2 per night shift Kitchen: 2 per shift + kitchen hand
|
| Vendor Hours: |
Owner works ful time approx 60hrs |
| Approx Turnover(excl GST): |
Trial: $17,000 approx |
| Reason for Sale: |
After many years in the industry, owner is looking at travelling for a while. |
| General Information |
Business & Potential:
Excellent opportunity for a chef/foodie to capitalise on this business! High existing turnover with room to improve! New owners would have the opportunity applying for a liquor license under the revamp licensing laws.
Owners preference, evening trading is restricted to 4 nights. A new owner would have the opportunity to increase turnover substantially, if the business was open Saturday Nights and Sunday.
Crown Street Surry Hills has a very large pedestrian traffic flow The area is regarded as one of the main eating hubs of Sydney.
* Wages- 46.2% Including adjustments- A prospective purchaser should access the wages figure to determine whether there is an opportunity to reduce the amount. The vendor acknowledges the fact that he runs the business with a higher labour cost. This is his preference.
High Profile Location! Excellent Existing Cash Flow! Potential To Increase Turnover!
|
| Asking Price: |
$279,000 |
| |