Café for sale Balgowlah

Café for sale Balgowlah.

SOLD SOLD SOLD by Peter Golding

Sales Price $220,000 plus stock.

Turnover $12,000 a week

Rent        $1430 a week

Profit $1549 a  week*

  • Picturesque location opposite a council park area and beach under a small group of exclusive apartments.
  • Strong coffee following with over 30-35 kilos sold per week
  • Opens 7 days 7.30 am to 3pm Mon-Fri and 8am to 4 pm Weekends.
  • Light and simple foods offered with many popular healthier options. No Grease trap.
  • No Opposition a destination position.
  • Ample street parking outside and nearby.
  • Modern and trendy ambience popular for the locals and tradesmen in the area.
  • Locals call it the dog friendly café.
  • PLEASE NOTE:The current owner chooses not to work in the café. His wages are higher than a new buyer would need. If a new buyer worked in the business then the profit is $1549  plus before an owners wage. This figure is calculated by the net profit under management of $349 plus the savings in wages $1200 that a new working buyer would achieve.

 

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  • Current Status: Sold 
  • Code: PG 286 
  • Category: Food 
  • Type: SOLD 
  • Location: Balgowlah 
  • Sales: $12,000 
  • Period: week 
  • Net Profit: $1,549 
  • Rent: $1,430 
  • Stock: $5,000 
  • Price: $220,000 
  • Long Financials: owners accounts 
  • Staff: The shop is fully staffed 
  • Lease: 1+3+3