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Posted by Transworld Business Advisors South Yarra on 23/08/2019 in Business

5 DAYS CITY LICENSED CAFE AND CATERING 40 K PW 13 YRS EST


Description

Internal Ref: 32457-310363

Summary

A CBD institution. Inviting, authentic eatery in the heart of the CBD with a rocking catering component. Cosy European style feel, providing value & charm has enabled its success. Textbook KPI’s

Revenue

$40,000 pw

Net Profit

$6,436 pw

About the Business

Location Details
The business is ideally located and easily accessible being situated centre to all the hustle Melbourne CBD has to offer.

Lease | 6 plus 6 until Nov 2031

Hours
Mon- Friday 7am – 4.30pm

Skills
Customer Service, Stock Buying, Staff Management, Basic Business admin.

Reason for Sale
Semi-Retirement.

History
16-year trading history | Current owner 13-years.

About the Business| Owners contribution

From first entry to this charming establishment you are drawn by the vibrant atmosphere only a confident business like this can command. A perfect getaway from the hustle of the CBD where you feel the warmth and cosiness of a village Café.

Fully licensed with picture perfect KPI’s and financials that any food establishment would be proud to display. Especially in a CBD food scene that usually cannot back its sales with actual P n L’s, or brag about its correctly paid workforce, like this owner can.

Business boasts:

•Top end appliances
•Dynamic and efficient workspace
•10% rental
•32% Cogs
•28% Wages
•Consistent 20% Net Earnings
•Short hours
•Excellent location
•CCTV System

Serving simple modern Australian cuisine- this business knows its audience. With a textbook cost of goods figure in the low 30’s it is obviously on top of its systems, menu design and ordering procedures alike.

On trend fit-out and easy to decipher offer make for a simple formula. A Chefs dream to have this gig with office hours and the freedom to create market fresh daily specials, hence the current Chefs 9-year occupation term.

Kitchen consists of:

•Walk in Cool room
•Goldstein PF-6-28 stainless steel six-burner gas range
•10 tray combi oven / combi steamer
•Eswood model ES32 three phase pass through dishwasher
•One x Goldstein GPGDBSA-24 & SB-24 stainless-steel gas grill plate
•Anets gas fired twin basket deep fryer
•Ample storage, refrigeration and stainless-steel work benches

Training
Owner happy to provide 3 weeks training and ongoing support if need be. To be negotiated. Owner has expressed that he is happy to stay as long as 6 months to insure confidence in new owners and their ongoing success.

Offers quality corporate catering to Melbourne’s CBD. Catering for all corporate events from breakfast meetings and working lunches.

Genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.

Hospitality Suppliers Transworld Business Advisors South Yarra
Transworld Business Advisors South Yarra
(Verified Member)

Contact Sean McBride
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price

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