Hole in Wall Cafe in High Demand ◆ Corner Position
Overview
* Attractive lease terms with very low weekly rent of $888 (inc. GST and Outgoings)
with new lease of 5+5
* Light cooking only with heavy coffee sale driven
* Exposure- on corner
* Close to city- easy to find staffs
Sales
* Average weekly sales hovering around $10,500/week (6 days)
* Coffee: around 30~32kg/week
Lease Info.
* Rent: only $888/week (including GST and outgoings)
* Remaining Lease : 10 years (5+5)
* Annual Increase: 3%
* Leased area: about 12m^2
Employees
* 3~4
Trading Days & Hours
* 6 days
* Early morning till 4pm
Potentials & Remarks
* Very low risk business, Rent / Sales Ratio = $888/$10,500= only 8.4%
* Well known cafe to locals
Financial Guideline (Estimates)
Sales: $10,500/week (6 DAYS)
Rent: $888/week incl. GST and Outgoings
Owner's Intake: $2,400~2,600/week
Price Guide: $150,000
* Full financial guideline along with lease and other info. available upon request
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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
