Pride Of Redfern

Summary

Coffee & Liquor * Coffee kilos per week (approx.20 * Liquor License: Yes / No - Type: no. * liquor sales per week. Kitchen Info * Cool Room: Yno. * Grease Trap: Yes * Ventilation: Yes Financial Info * BAS Statements available: Yes * Does turnover include catering? Yes , minamal. * Trial turnover offered at: yes. * Demolition clause: No * Busy times: morning midd ay and afternoon. * Reason for selling:other interest * Current owner operating since: since 2012. * Tax returns available: YesBusiness Overview * Rent per week (Incl/Excl GST): $1500 pw * Outgoings (per week): included in the above rent. * Electricity cost (PW / PM / Quarterly): $300 per week. * Gas cost (if applicable): $100 per week * Purchase of consumables (COGS) PW: $3000 * Staff wages PW (average): $2500 * Does business name come with the sale? Yes * Owner's wages PW (reasonable replacement rate): under management. * Total seating area: Indoor 22 plus out door 24 out door. 46 in total. * Outdoor seating numbers & costs: Nil. Property Details * Lease expiry date (including options): New lease on offer. * Is sale subject to a new lease? Yes. * Annual rent increase: TBA. * Toilets on premises: Yes * Size in square meters: 60 m2 approx. * Bank guarantee value (approx.):3 months. * Car parking spaces on title: No. * Approved trading hours: Early till late. * Additional benefits/comments: Close to station. Next door to station. Equipment Info * Overview of main equipment: All in good working order. * Finance owing: Yes * Finance repayments PW / PM (if applicable): N/A * Will owner pay out finance from sale price? N/A Trading Info * Days per week: 6 closed Sunday. * Public holiday / seasonal closures: Optional. 3 week over xmas. * Management setup: Under management * Owner's duties: admin and supervision. * Number of years in operation: cafe since 2012. ⸻Current Trading Snapshot * Serving approx. ... kilos coffee per week 20 kilos * Trading 6days, from 6am to 3pmWeekly Summary (approx., incl. GST unless stated otherwise) * Takings: $ 11,000 * Cost of Goods: $3000 * Rent: $1500 * Outgoings: included in rent) * Staff wages: $3000 * Owner wages: $0 * Insurance: $ 100 * Electricity: $300 * Gas: $100 * Marketing: $0 * Telephone/Internet: $20 * Rubbish removal: $ included in the rent * Subscriptions: $0 * Accounting/Bank fees: $100 * Pest control: $30 * Cleaning: $0 * Miscellaneous: $Net Profit (approx.) * Under management: $2850 * Owner operated: $Lease * Lease period: * Options: * Increases: PA / CPI

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