VBA_Logo_Blue_edited.png

30 + years experience 

in operating, selling and buying

businesses

PROUD MEMBERS OF:

AIBB.png
NBCM_Blue.png
Blue fade brand mark.png
SIGN UP TO
OUR NEWSLETTER

Get early access to new listings 

Receive off market opportunities

Industry news

Tips on buying and selling

CONTACT VISION

(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

 © Copyright VBA 2019 All rights reserved

$159,000 QUALITY BISTRO RESTAURANT CAFE | INNER WEST | LUNCH TO LATE | 5 DAYS

For sale: $159,000







Business Overview


This is a highly profitable and well-established bistro/café with extremely strong and growing revenue and returns. Located in a rapidly improving landscape this business is nestled between major infrastructure improvements, unit developments and relocations of major corporations, which all promise major growth in the local daytime and residential population.


This business is known as a local 'institution' and is well known in the Sydney high-end bistro/café scene.


There is an untold opportunity to grow this business as:


✓ Turnover growth of over $150K in 2019FY

✓ Gross Profit improved 8% in 2019FY

✓ Simple recipes cleverly executed

✓ 5 Day Business Operation

✓ Closed 2 weeks every year

✓ Kitchen Staff self manages their roster

✓ The business has only grown organically with minimal marketing.

✓ The business has a large Social Media database which is underutilised

✓ The owner will provide handover and training to the approved purchaser.

✓ Staff have indicated they may stay on for new owner.




Features


Growth of Turnover and Gross Profit for 2019FY

Highly consistent revenue with little advertising or marketing

Simple recipes which are easy to execute

Growing customer base

Prices have not increased substantially in the last 2 years Business is ready to scale in the local market






To enquire, click on the blue button above to complete an online confidentiality agreement. We will send you the information memorandum.




Financial Summary


Gross Revenue: $778,187

Cost of Goods: $236,559

Gross Profit: $541,628.14

Annual Rent: $88,979.58

Expenses: $461,265




Net Profit: $111,712

(EBITDA)

Net Profit to Working Owner: $186,712

(PEBITDA)



*All figures are exclusive of GST

*Source: 2019 FY




What happens next?


This is a Vendor sold-business, which means you will be dealing with the Vendor directly. The Vendor's contact details are in the IM, and the Vendor will also immediately receive notification of your enquiry.


We have worked with the Vendor to prepare their business and information for sale so that the process will be transparent and beneficial for both the seller and buyer.


  • LinkedIn - Grey Circle
  • Facebook - Grey Circle
  • Twitter - Grey Circle
  • YouTube - Grey Circle