Gouger Street cafe

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Business Description

  • Exceptional opportunity to start something new
  • Sensational, highly visible location
  • Has been run under management
  • Priced at a fraction of the fitout cost
  • Name will not transfer

Simon Winter 0419 828 689




Extended Price Information

Plant & Equipment $25,000 + GST
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$25,000 + GST

Financial Summary

Year
Sales Return to Owner
2013/2014 (annualised) $317,091 $54,813
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The return to owner is prepared on the basis of a net return to one full time working owner after all expenses and wages but excluding the vendors’ wage.

This business is currently run under management and the owner is not involved in the day to day operation of the business.

Staff Summary

The business is run under management with seven casual staff members in place.

Lease Summary

Current Rent $6,431.25 per month (GST inclusive)
Current Rent 5 years
Lease Commencement 1st April 2013
Lease Expiration 31st March 2018
Right of Renewal 2 x 5 years
Adjustments 5% annually
Bank Guarantee 3 months’ rent plus a security bond of 4 weeks’ rent paid to the “Retail Shop Leases Fund”

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Original Cost of Plant $187,667
Written Down Value of Plant (approx.) $166,403
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