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Cafe - Restaurant - Under Management - Profit - $4,440 Pw - Parramatta - Great Location For Sale

Sydney, New South Wales
Asking Price:
$245,000 (AUD)
Sales Revenue:
$858,000 (AUD)
Cash Flow:
$230,880 (AUD)

Cafe - restaurant - takeaway serving a breakfast and lunch menu including Middle East cuisine with local favourites figuring prominently and 24 kgs. coffee p.w., teas, juices, milkshakes and soft drinks enjoying strong demand - Kitchen equipment was purchased new and provides a fast and efficient service via a servery to the outdoor eating area - A refrigerated cake and dessert display next to counter - The attractive and extensive outdoor dining area with shelter umbrellas overlooks expansive park views - 2 toilets, one with disabled facilities, available.

Potential
Obtain liquor license - Open nights - Target functions - Continue to pursue catering potential - Consider expanding home delivery options - Introduce icecream/gelato menu.

Features
Strong support from business and residential customers - Long lease and good rent - Under full management - Active facebook presence - Good hours.

Premises
Ground floor area hosts kitchen and large outdoor eating, with adjoining heritage building providing private dining and functions on two levels with a total area of 400 sq. mts.

Location
Great position at entrance to very large Western Suburbs City park, with good access to office and residential developments.

Trading Hours
7 days - Mon. - Sun. - 8.00 a.m. - 4.00 p.m.

Lease
Current 10 year lease commenced Dec. 2016 - 3% -.-.-. increases - Bond 6 months.

Employees
1 Manager + 1 fulltime chef + 1 parttime chef + 1 fulltime barista + 1 parttime barista + 3 casuals.

Comments

Property information

Location:

Great position at entrance to very large Western Suburbs City park, with good access to office and residential developments.

Business Operation

Expansion Potential:

Obtain liquor license - Open nights - Target functions - Continue to pursue catering potential - Consider expanding home delivery options - Introduce icecream/gelato menu.

Trading hours:

7 days - Mon. - Sun. - 8.00 a.m. - 4.00 p.m.

Employees:
1 Manager + 1 fulltime chef + 1 parttime chef + 1 fulltime barista + 1 parttime barista + 3 casuals.
Years established:
2016

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