Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Time to Sell or Time to Buy !

Business For Sale. Cafe Eastern Suburbs - Under Management

LISTING DETAILS
Firms For Sale ID:
32236
Vendor reference:
10973
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$499,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
T/O: Average: $16,500 pw
Rent: $1,445pw inc all
Under management, low rent, light cooking

This has got to be one of the busiest cafe in the suburb, it has been running by the same owner for the past 6 years. The owner has got an excellent system in place with little staff cost and almost no wastage for food.

New owner doesnâ??t require any business experience as the current owner is willing to stay and manage for up to 6 months, so there is plenty of time for anyone to learn in the business. Great for overseas immigrant as it is the business that meets all the Business Visa criteria and will get approval by the landlord as a tenant!

- No Exp necessary â?? Owner willing to stay and manage the business. You donâ??t have to worry getting landlord approval and running the business.
- Well established business with stable turnover
- Net to owner operator around $7000 per week!
- Campos Coffee - exclusivity in the area as Campos more than likely won't supply to another cafe within certain radius.
- Popular in the area - have a very high review on eatibility.
- Great fit out, light cooking, low rent
- Excellent location - closed to university, major hospital, main shopping area and residential
- Short hours - potential to further increase turnover with dinner and Sunday trade
- Under management - great staff to run the business, owner only spent around 20 hrs a week on major ordering.
- Huge improvements - LINK NSW has historically seen improvements of between 30-120% with managed store been taken over by owner operator
- Due Diligence - Meticulous record keeping on turnover and financial, purchase invoices, z-readings, weekly rosters.

TURNOVER GUARANTEED

Reason for sale: Too tired, need a rest

#10973 Canaan Lim

To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/10973

[The purchase to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf]