Kikko Cafe 

$450,000.00 Tax includes

Sydney

SKU: FQ1085 Categories: , ,

Description

General Description
Cafe – takeaway serving 75 kgs. coffee p.w. with full liquor licence and delicious all-day breakfast and lunch menu. – Renowned for high-quality specialty coffee and tasty menu of choices including French croissants, toasted sandwiches, healthy salads, soups, crepes, pastry desserts and cakes. – Also offers beverages such as an international selection of wines and hot / cold coffee drinks. – 55 seats inside.

Potential
Could introduce catering and delivery to corporate and businesses in CBD – Expect sales to increase significantly once the light rail construction in Sydney CBD is completed – Would save on wages and increase profits if the owner worked full time, or a couple worked in the business.

Features
All equipment belongs to the business – Attractive and sophisticated website

Premises
This business is in excellent condition with an area of approx 50 sq.mts.

Location
Situated in a heavy foot traffic location in popular Sydney CBD shopping area.

Suburb
Sydney (Hidden)

Trading Hours
7 days – Mon. – Fri. – 6:30 a.m.- 6:00 p.m. – Thurs. – 6:30 a.m.- 8:00 p.m. – Sat. / Sun. – 7:00 a.m.- 5:00 p.m.

Lease
Current lease expires Oct. 2020. – 5% annual increases. -$93,000 bank guarantee (approx 6 months bond)

Sale Reason
Business partners deciding to sell.

Employees
1 owner( 15-20 hrs. p.w.) + 3 full-timers + 4 casuals

Comments
Misc.- 1 – Merchant facility fees. – Misc. 2 – GST & tax payments. – Landlord will require a tenant with experience.

 

Figure Display Type Regular
Weekly Takings $34,000
Cost of Goods $9,500
Gross Profit $24,500
Rent $4,800
Outgoings $
Wages $10,000
Telephone $20
Insurance $70
Electricity $280
Gas $200
Misc 1 $150
Misc 2 $3,000
Total Expenses $18,520
Nett Profit $5,980
Price $450,000
Estimated Stock $
(Additional)
Equipment $
(Included)
Residence 0
Premium no
Undisclosed no

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