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Listing Id: 34031 Last Refreshed: 07/11/2024 Total Views: 11 Broker Ref: 22792

Cafe - Parramatta region, NP $3K with cheap rent

Parramatta-Hills District, SydneyCoffee Shops and Cafes
Asking Price: $165,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Situated in a growing suburb, this beautiful cafe is perfectly positioned close to the metro, business district, and mid-rise apartments. With a steady stream of foot traffic and a vibrant community, this cafe is an ideal investment for an aspiring entrepreneur.

Key Features:

Spacious kitchen that is fully equipped with ample room and exhaust systems.
Plenty of space at the back for storage or future expansion.
Both indoor and outdoor seating available, perfect for all seasons.
Long lease with affordable rent, ensuring profitability.
Newly renovated, owner spent roughly $170K invested in renovationseverything is brand new, no additional expenses required.
Currently operated by a husband and wife team with one casual staff member.
Minimal competition in the area
Demand for catering services from surrounding factories and businesses, offering additional revenue streams.
Currently open 6 days a week, with high potential for increased revenue by opening on Sundays.
Minimal competition in the area

Financial Highlights

Sales: $8500 - $9000/wk
Rent: $760/wk
Net profit: $3000/wk

To find out more on the business, please contact Canaan on the enquiry button or contact on canaanl@ubba.com.au

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Canaan is a licensed business broker with over 10 years experiences in selling all types of businesses throughout Sydney and NSW. When you are looking for a business broker with experience you can go no further than Canaan Lim, give him a call on 0466 989 813 to discuss further.
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