Vibrant city cafe

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Business Description

- Current turnover $15,000 per week

- Trading 5 days only

- Located on edge of CBS at base of large corporate building

- Quality food, great coffee, excellent service

- Established 5 years ago & extremely profitable

- Sales up 25% over the past 4 months

 

Tony Iasiello 0412 217 608         



Extended Price Information

Goodwill including Plant & Equipment $290,000
Stock at valuation (approx) $4,000
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$294,000

Financial Summary

Year
Sales Return to Owner
n/a $589,106 $131,714
2013/2014 $568,699 $164,617
2014/2015 $562,110 $149,623
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The business is currently run under partial management. The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wages.

Staff Summary

Five casual staff with one vendor working part time.

Lease Summary

Current Rent $5,116.95 per month + GST
Lease Term 5 years
Lease Commencement 1st June 2015
Right of Renewal Nil
Outgoings 1 x 5 years
Adjustments CPI + 1% and to market at renewal periods
Current Rent

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Plant & Equipment

Original Cost of Plant $283,762
Written Down Value of Plant (approx.) $184,593
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