Low Rent 5 Days Only Cafe for Sale in Industrial Area

Overview
* * Very Low Rent - Only $682/week (including GST and outgoings)

* * New Lease 9 years (3+3+3)

* * Low Risk Business with Rent/ Sales Ratio= 5.8% Only

* * Situated in Artarmon Industrial Area

* * New Kitchen Appliances Fitted


Sales * 5 Days (M-Friday) Only

* * Potential to increase sales by adding and introducing new menus


Lease Info
* * New Lease 9 years (3+3+3)

* * Very Low Rent - Only $682/week (including GST and outgoings)

* * No Demolition Clause

Employees
* * 3 Owners + 1 Full Timer



Trading Days & 5 days
hours 6:30am ~ 3pm


Potentials & Remarks
* * Potential to increase sales by adding and introducing new menus

* * Reason for Sale - Partnership of 3 owners breakup

* * Potential to trade extra day (Saturday)- demand for food and drinks on Saturday

* * No other café nearby

* * Over staffed (Only 2 owners are required)- potential to reduce wage
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Financial Guideline:

Sales: $11,7000/week (5 days)
Rent: $682/week (inc. GST& outgoings)
Owner's wage: $3,300/week (3 owners)
Net Profit (inc. owner's wage): $6,500~$6,700/week


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Enquiries and Inspections:


Alex Young Kim

Principal (Licensee-In-Charge)

Licensed Real Estate and Business Agent | iDEAL Realty Advisors

Suite 20/301 Castlereagh Street Sydney, NSW 2000 Australia


T: +61 414 088 089


Disclaimer: All information contained herein has been furnished to us by 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. All interested parties should make and rely upon their own inquiries to determine whether or not this information is in fact, accurate.