Template FC

CODE	FP481
BUSINESS TYPE	Cafe.
AREA	Lower North Shore.
BUSINESS ESTABLISHED	Mid 2002.
LEASE	Commenced May 2002 - 2005. Option: 3 yrs. [will offer new lease]
RENT	$788 pw inclusive.
TRADING HOURS - WEEK DAYS	Mon- Wed: 7.00am - 5/6.00pm Thur: 7.00am - 10/11pm
TRADING HOURS - WEEK ENDS	Sat: 7.am - 5/6.00pm Sun: 7.00am - 5/6.00pm
AVERAGE TURNOVER	Trial: $12,000pw approx.
NUMBER OF STAFF	Floor: Owner[44hrs] + 4 casuals Kitchen:2+2. Casual hours.
REASON FOR SELLING	Family reasons. Has been in business for many years, looking at taking things a little easier.
GENERAL INFORMATION	The business has been operating for over 2.5 years with the same owner. They have created a cafe that has a warm and rustic feel, but at the same time has an air of charm that allows the patrons to feel extremely comfortable. The business has evolved from a daytime cafe to now being open three nights a week. There has been a constant demand from the locals to open evenings. The vendors have indicated, requests have been made to open the other nights. The kitchen has been designed in such a way, that should the business on the corner become available, then the cafe could quite easily expand the present area and have a central kitchen. There is a large commercial area within walking distance of the cafe. There is the potential to tap into the catering side of this commercial area that has not been addressed as well as the lucrative lunchtime trade. A new owner would have the opportunity to target this area, should they wish to expand the business.
ASKING PRICE	$349,000