Cafe - stone's throw from the city

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Business Description

  • 6 day cafe, short hours
  • Turnover $13,000 - $14,000 per week
  • Long lease available
  • Low rent
  • Extremely well presented with excellent plant & equipment
  • Offering a good income with a good lifestyle

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $295,000
Stock at valuation (approx) $5,000
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$302,000

Financial Summary

Year
Sales Return to Owner
n/a $629,945 $110,051
n/a $602,119 $110,342
2013/2014 $610,053 $127,174
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The return to owner is a net return to two working owners after all expenses
and wages but excluding the vendors’ wages.

Staff Summary

Two vendors and seven casuals

Lease Summary

Current Rent $2,026 per month including GST
Lease Term Periodic
Outgoings Paid by tenant
Current Rent
Current Rent
Current Rent
Current Rent
A new 5 + 5 + 5 year lease is to be made available to the Purchaser at settlement.

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