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Cafe - Cakes - Takeaway - Franchise - North West Sydney - (Code: F3161)

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Price: $68,000






Weekly Takings (inc GST) $11,000
Cost of Goods $3,550
Gross Profit $7,450
Rent $1,720
Wages $2,500
Outgoings $
Telephone $35
Insurance $25
Electricity $250
Gas $
Misc 1 $1,000
Misc 2 $270
Total Expenses $5,880
Net Profit $1,570
Coffee Kilos P/W 25.0

Estimated Stock

$5,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe - takeaway franchise selling 23 - 25 kgs. coffee p.w., hot and cold drinks, small cakes, macaroons, pies and other pastries. - Also sells large cakes for any occasion . - No cooking. - Open plan with a large display cabinet for cakes. - The franchise fee is 7% and 3% marketing fee. - The vendor owns all the cafe equipment including a new freezer. - Only cake shop in the local area and other nearby surrounding suburbs. - 28 seats inside.

Potential
New apartment buildings being built nearby will bring more customers. - Potential to do catering in the local area. - Would suit husband and wife and save on wages as currently mainly under management.

Features
Corner shop. - Long lease. - No heavy cooking. - Loyal clientele

Premises
Open plan seating with huge display cabinet and an area of 50 sq. mts.

Location
Situated in busy major shopping centre opposite large supermarket / liquor retailer.

Trading Hours
7 days - Mon. - Sun. - 6.30 a.m. - 6.00 p.m.

Lease
Current lease expires 2022 + option for 5 years. - 4% annual rental increases - $25000 rental bond.

Employees
One part time owner's wife working minimal hours + 4 part timers + 2 casuals.

Comments
Major franchise chain established since 1988 with over 300 stores across Aust. N.Z. and Indonesia. - Selling at less than fitout cost. - There is a fee payable of approx. $14,000 to train two people over a five week period. - Miscell. 1 franchise fee.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXF3161

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