$395,000 FULLY MANAGED BALMAIN CAFE

SOLD






Business Overview

This unparalleled café in Balmain is an operators dream business, consistently busy all year round with a very strong local following. The cafe is fully managed and highly profitable. In a prime location, it is renowned for great coffee and an exceptional menu with all products made on site.


A new lease with low rent and a strong professional team in place, standardised service procedures as well as recipes available too; this well-established business is a great investment opportunity for either an owner operator or investor.



Financial Summary


Revenue $ 1,144,000

Cost of Goods $ 396,029

Rent $ 75,000

Expenses $ 23,175

Wages incl Super $ 393,640


Net Profit (p) ebitda $ 256,156

​to owner


*All figures are quoted exclusive of GST



Features


New lease of 4 + 5 with low rental expense

Fully-managed

Commercial kitchen with grease trap

40 kilos of coffee per week

Great position with outdoor seating





Premises


Lease: Expires on October 2027

Rental: $75k plus GST

Annual Increases: CPI

Seating Capacity: 42 internal and 8 external





Buying a business is easy with Vision





"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "


Daniel Kogan

(e)  daniel@vbaaustralia.com.au

(m) 0401 620 918

(t)   (02) 8923 2632


The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business

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30 + years experience 

in operating, selling and buying

businesses

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CONTACT VISION

(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

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