SOLD Hole in Wall Cafe for Sale


Overview

* Attractive lease terms with very low weekly rent of $888 (inc. GST and Outgoings)

with new lease of 5+5

* Light cooking only with heavy coffee sale driven

* Exposure- on corner

* Close to city- easy to find staffs


Sales

* Average weekly sales hovering around $10,500/week (6 days)

* Coffee: around 30~32kg/week


Lease Info.

* Rent: only $888/week (including GST and outgoings)

* Remaining Lease : 10 years (5+5)

* Annual Increase: 3%

* Leased area: about 12m^2


Employees

* 3~4


Trading Days & Hours

* 6 days

* Early morning till 4pm


Potentials & Remarks

* Very low risk business, Rent / Sales Ratio = $888/$10,500= only 8.4%

* Fitted with full kitchen

* Well known cafe to locals


Financial Guideline (Estimates)

Sales: $10,500/week (6 DAYS)

Rent: $888/week inc. GST and Outgoings

Owner's Intake: $2,400~2,600/week

​

Price Guide: $150,000


* Full financial guideline along with lease and other info. available upon request


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Enquiries to Exclusive Agent:


Alex Young Kim

Principal (Licensee-In-Charge)

Licensed Real Estate and Business Agent | iDEAL Realty Advisors

Suite 02, Level 7, /9 Delhi Road North Ryde, NSW 2000 Australia


T: +61 414 088 089 | E: alex.idealrealty@gmail.com


Disclaimer: All information contained herein has been furnished to us by vendor and third party suppliers. We have not verified this information but have no reason to doubt its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. Suggested financial guideline may have been impacted by the COVID impacted due to volatile trading conditions. Uploaded photos may not be actual and illustration only. All interested parties should make and rely upon their own inquiries to determine whether or not this information is in fact, accurate.