Property Details

Ref: 1699, Cafe - Easter Suburbs

Property ID : 1699

For Sale AU$399,000 - Cafe, Espresso

Brand new fit out worth over $800,000. Current use is café, however easily converted to Dinner’s at night. Selling less than fit out cost. No goodwill.
Located in the heart of Eastern Suburbs.
Massive opportunity for owner operator. Current wages over $3,500 or if partners are to buy a lot more profit to be made.
Ample opportunity to increase trading hours and double profit.
Established 12 years, closed for renovations, only opened 3 months current owner is the landlord. Considering brand new lease 5 + 5 years.
Massive opportunity!
TURNOVER: $18,000
PROFIT: $4,000
LEASE: 5 + 5 Years
RENT: $2,800 + G S T
WAGES: $3,900
STAFF: 1 Owner, 2 Full Time, 6 Casual
TRADING: Monday – Friday 6.30am – 4.30pm
Saturday 7.00am – 2.30pm
Saturday 7.00am – 2.30pm1699 Danny's Cafe Pic 2 Web

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