LINK Business Brokers Australia

About this Business for sale in Parramatta

This is a rare opportunity to stake your claim in the central position of one of the most sought-after food courts in the country – Level 5 Westfield Parramatta. The centre averages over half a million visitors per week and $848 million in sales each year!

Have a unique concept or idea that you want to try in such a premium food court location? The café/bakery fit out and set up cost was approx. $350k in May 2019. It still looks as good as new and modern and is now available to you at a fraction of that cost. Although the store is currently fit out for a franchise, it can easily be converted to suit your own business concept. Here is an opportunity to take over the converted 6-year lease along with the virtually brand-new equipment at a bargain price!

Equipment includes a Freezer, Custom refrigerated display cabinets, 3 group La Marzocco coffee machine and much more!

Details:

  • Base Rent $11,857+GST per month
  • Floor Area 29.9 m2
  • Lease Expires 28/07/2026

Please Note: As this an island fit out in the middle of the food court, it is not suitable for an food outlet that requires frying or grilling cooking preparation inside the store. It is not connected to a grease trap or have an overhead exhaust system. Any warm food offering needs to be prepared offsite and then heated with microwaves, sandwich press, heated display case etc. Making it best suited for stores such as a fresh salad bar, poke bowl, coffee and sandwich shop,  dessert store or even a juice bar.

Listing ID: NSW09545

Broker: Gareth Wolrige
Mobile:+61 448 715 762
Email: garethw@linkbusiness.com.au

For further details including a copy of the lease and full asset list please enquiring directly by visiting www.linkbusiness.com.au/businesses-for-sale/ca/NSW09545

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.

Listing: #NSW09545
Price: $35,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Sydney Region, Parramatta
Franchise, Franchise Re Sales
*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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