Award winning city cafe

Sold!

Web ID:

Business Description

- Trading 6 days, daytime hours only
- Ideally located in major thoroughfare
- Opposite major department store
- Turnover $8,500 per week
- Sales - 60% coffee/hot drinks, 24% food & 10% cakes/biscuits
- Sells approx. 25kg coffee per week
- Immaculately presented

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $129,000
Stock at valuation (approx) $5,000
n/a
n/a
n/a

$134,000

Financial Summary

Year
Sales Return to Owner
n/a $367,625 $117,143
2013/2014 $377,929 $116,940
2014/2015 $383,495 $140,605
n/a
The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wage.

Staff Summary

The current vendor works in the business approximately 15 – 20 hours per week. There is one full time and four casual staff employed within the business.

The return indicated assumes two working owners run the business with some staff in place.

Lease Summary

Current Rent $3,899.53 per month + GST
Lease Commencement 22nd December 2011
Lease Term 7 years
Right of Renewal Nil; however an extension period will be available to the Purchaser
Outgoings Included in the rent
Adjustments 4% annually
Bank Guarantee 3 months' rent

n/a
n/a
n/a
n/a
n/a

n/a
n/a
Go Back