Summary
Well Established in Randwick's central location - Opportunity to acquire under managed business in your portfolio or owner operation should this be desired.
Location Details
Waterloo, NSW
About the Business
- Cafe opportunity in Waterloo's hot spot surrounded by high density residences, offices, hotel and shopping prescinct
- Meters away from anchor tenants including Coles Supermarket and major hotel.
- Fully fitted with kitchen with the cafe area covering around 120m^2
- Long Lease in place: 7.5 years remaining
- Coffee Sales/week: 35kg/week
- Suggested weekly sales ($16,000/week) is purely from the in-store trading and it does not include the delivery.
- Considering the area isa trendy and popular by busy working city commuters, delivery service is an area to explore to increase sales . (current owner don't do deliveries)
Trading Days & Hours 7 Days (6:30AM~4PM)
Financial Guideline
- Sales $16,000/week
- Rent $3,218/week inc. GST
- Owner's Taking $4,000/week
(=$1,800 owner's wage $2,200 profit) - Price Guide: $220,000
