Business Brokers Sydney - Businesses for Sale

Business & Potential:

Excellent opportunity for a chef/foodie to capitalise on this business! High existing
turnover with room to improve! New owners would have the opportunity applying for a liquor
license under the revamp licensing laws.

Owners preference, evening trading is restricted to 4 nights. A new owner would have the
opportunity to increase turnover substantially, if the business was open Saturday Nights and
Sunday.

Crown Street Surry Hills has a very large pedestrian traffic flow The area is regarded as one
of the main eating hubs of Sydney.

* Wages- 46.2% Including adjustments- A prospective purchaser should access the wages
figure to determine whether there is an opportunity to reduce the amount. The vendor
acknowledges the fact that he runs the business with a higher labour cost. This is his
preference.

High Profile Location! Excellent Existing Cash Flow! Potential To Increase Turnover!

Code:	FP564
Business Type:	Cafe
Area:	Crown St,Surry Hills
Established:	2003yr
Lease:	Lease Details : Commenced October 06- 09 Option: 3yrs + 3yrs
Rent (excl GST):	$900 pw gst is not applicable
Trading Hours:	Mon-Sat 7am- 4pm/Tues-Thurs 4pm-10pm
No of Staff:	Floor: 3 per day shift/ 2 per night shift Kitchen: 2 per shift + kitchen hand
Vendor Hours:	Owner works ful time approx 60hrs
Approx Turnover(excl GST):	Trial: $17,000 approx
Reason for Sale:	After many years in the industry, owner is looking at travelling for a while.
General Information
Business & Potential: Excellent opportunity for a chef/foodie to capitalise on this business! High existing turnover with room to improve! New owners would have the opportunity applying for a liquor license under the revamp licensing laws. Owners preference, evening trading is restricted to 4 nights. A new owner would have the opportunity to increase turnover substantially, if the business was open Saturday Nights and Sunday. Crown Street Surry Hills has a very large pedestrian traffic flow The area is regarded as one of the main eating hubs of Sydney. * Wages- 46.2% Including adjustments- A prospective purchaser should access the wages figure to determine whether there is an opportunity to reduce the amount. The vendor acknowledges the fact that he runs the business with a higher labour cost. This is his preference. High Profile Location! Excellent Existing Cash Flow! Potential To Increase Turnover!
Asking Price:	$279,000