Inner West | Cafe for SALE
◆ Very Low Rent ◆ Busy Road shop
The cafe is successfully run by a couple owner, each work as a barista and a chef
- Situated in a strip of main road surrounded by school and neighbourhood shops. A large council car park within meters away is a plus.
- Very low rent only $700/week (inc. GST). Rent expense relative to Sales is only 5.3%
- Fully fitted kitchen with ventilation and grease trap ready
- Seatings for 54 with massive size outdoor courtyard in front is a big plus.
- Very lean operation as owner (couple)'s hands on most of the day with minmal staff involvement in the business.
- The current weekly sales hovering around $13,000 that is higher than the weekly sales of $11,000 prior to Pandemic.
- Remaining Lease : 7 years (3 plus 4)
- Annual rent increase: CPI only
Financial Guideline:
- Sales: $13,000/week
- Rent: $700/week (inc. GST)
- Owner's Wage Drawing: $2,400/week (couple)
- Net Profit: $3,000~$3,400/week
- Owner's Intake (including 2 owner's wage($2,400/week): $5,400~$5,800/week
Price Guide: $138,000
Disclaimer: Whilst reasonable care and searches were conducted in preparation of information, I do not guarantee or warrant the accuracy or reliability of the information and I will not be liable for any loss, damage or expense incurred or arising by reason of any person using or relying on the information provided. Buyers should seek advice from their own Advisors.
CONTACT AGENT
Alex Young Kim
M.61 414 088 089
T.61 (2) 8007 4989
Principal / Licensee-in-Charge
Licensed Real Estate & Business Agent