Low Rent Cafe for Sale Bargain


Cafe in Sydney's Beachside Eastern Suburb


Overview


* Attractive lease terms with very low weekly rent of $825 (inc. GST and Outgoings)

with long lease of 15 years (5+5+5) is a big bonus.

* Added features are full kitchen fitted with ample spaces of storage (1 full car size lock up garage)

This cafe with great reputation of quality coffee with weekly coffes sales of 20kg.


Sales

* Average weekly sales hovering around $11,000/week

* Coffee: around 20kg/week


Lease Info.

* Rent: only $825/week (including GST and outgoings)

* Remaining Lease : 15 years (5+5+5)

* Annual Increase: CPI (capped at $40/week max)

* Leased area: 64m^2 (internal) + 8m^2 (garage) + 12m^2 (outdoor)


Employees

* 2 owners only


Trading Days & Hours

* 6 days

* Early morning till 3pm


Potentials & Remarks

* Very low risk business, Rent / Sales Ratio = $825/$11,000= only 7.5%

* Fitted with full kitchen


* Liquor license held. howver, the licence is under utilized

* Well known cafe to locals

* Popular venue to local police for food and drinks


Financial Guideline (Estimates)

Sales: $11,000/week (6 DAYS)

Rent: $825/week inc. GST and Outgoings

Owner's Intake: $5,900/week (including 2 owner's weekly wage)

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* Full financial guideline along with lease and other info. available upon request


____________________________________________________________________________________________________________

Enquiries to Exclusive Agent:


Alex Young Kim

Principal (Licensee-In-Charge)

Licensed Real Estate and Business Agent | iDEAL Realty Advisors

Suite 02, Level 7, /9 Delhi Road North Ryde, NSW 2000 Australia


T: +61 414 088 089 | E: alex.idealrealty@gmail.com


Disclaimer: All information contained herein has been furnished to us by vendor and third party suppliers. We have not verified this information but have no reason to doubt its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. Suggested financial guideline may have been impacted by the COVID impacted due to volatile trading conditions. Uploaded photos may not be actual and illustration only. All interested parties should make and rely upon their own inquiries to determine whether or not this information is in fact, accurate.




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