Located in the foyer of a refurbished building in the midst of the CBD, this lobby espresso bar is looking for some new energy. Serving 20kg of coffee per week, an energetic barister could increase this significantly.
Business trades 5 days. 7am to 3.30pm
With no grease trap or cook tops, the menu includes premade sandwiches, wraps, pies, pastries and cakes. Winter soups and seasonal salads bring in a change.
As the building completes its renovation, 2 of the 14 floors are empty, with tenants due to return in March, which should see takings increase from current levels. Enquire now for a great opportunity to grab and grow this business.
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Annual Rent : $59,800 - Weekly Rent : $1,150
Annual Turnover : $364,000 - Weekly Turnover : $7,000
Annual Gross Profit : $254,800 - Weekly Gross Profit : $4,900
Annual Ebit : $104,000 - Weekly Ebit : $2,000
Premise : Leased
Lease Commencement : Apr 2014
Lease End : Mar 2019
Lease Option: 5 years
Total Floor Area : 20 Square Metres
Franchise : No
Approximate Stock Value : $3,000
Year Purchased : 2014
Year Established : 2010
Days Trading : 5
Staff : 2 Full Time - 1 Casual
Staff Salaries : $62,400
Reason for Sale : Family health reasons
Location : Brilliant location in foyer of CBD commercial tower
Business Potential : A good barista has the potential to increase coffee sales
State : New South Wales
City : Sydney