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sydney cbd lobby espresso bar

Sydney CBD Lobby Espresso Bar (Ref No:64965)

Sydney CBD Lobby Espresso Bar

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

Category: Cafe

Price: $125000

State : New South Wales

City : Sydney

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