Price
$190,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Category
Food/Hospitality
Listing #
10700
Turnover: $8,000 PW – Recent newspaper article has improved sales (Data Available)
Rent $619 PW (Incl. GST)
Lease 6.5 years
6 Short Days (DA till 6pm)
Small Bar License – Not in use (Potential Plus)
Bless the little cotton socks of this business owner. It’s his first café and he really has built this business up from nothing, while learning along the way. He had no idea about his costs of wages or food before speaking with the broker, yet he managed to support his family and pay his mortgage.
This is a gorgeous little business set in the inner west residential corridor, with a splattering of local business and amongst the local shop strip. You will find owning this business pleasurable and enjoy the daily interaction with your regular customers.
While this business is running well now, I think this business would really benefit from some experience and some equipment to increase capacity.
There are plenty of things that can be done to improve on the current takings, that an experienced operator should easily identify.
It’s well worth coming making an appointment with the broker to come inspect the premises and meet the owner of the business.
Great rent and easy hours makes this business a no brainer for the smart buyer.
Due Diligence: Invoices, Rosters, Warrantee of Turnover, Z-readings and Daily reconciliation sheet
#10700
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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