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Cafe - Franchise - Under Management- Takeaway - Sydney CBD - (Code: SF1203)

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Price: $258,000






Weekly Takings (inc GST) $17,800
Cost of Goods $4,800
Gross Profit $13,000
Rent $3,355
Wages $3,500
Outgoings $1,095
Telephone $20
Insurance $100
Electricity $380
Gas $
Misc 1 $890
Misc 2 $100
Total Expenses $9,440
Net Profit $3,560
Coffee Kilos P/W 0.0

Estimated Stock

$6,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Cafe franchise selling a large variety of hot beverages, plus a wide selection of chocolates. - Also offering a good variety of hot chocolate, iced coffee, cold drinks, fondues, waffles, churros, crepes, Ice cream, light snacks and sandwiches. - Coffee sales 35 kgs. p.w. and chocolate drink sales 50 kgs. per week. - No heavy cooking. - 40 seats outside (Council Approved) - 28 seats inside.

Potential
An owner operator could save on wages -Target employees from the offices above in the buildings - Online portal sales for the employees within the centre to increase the sales. - A breakfast and lunch menu would increase sales

Features
Excellent location - Lovely fit out - Well established - Top tourist attraction. - Big frontage.

Premises
This beautifully presented business has an area inside of 110 sq.mts. and 40 sq.mts. outside

Location
Great CBD location outside a popular shopping centre frequented by tourists and locals and surrounded by commercial and residential.

Trading Hours
7 days - Weekdays - 7:30 a.m. -midnight, - Weekends - 8:30 a.m. -midnight

Lease
Current sublicense expires April 2020 - 4% increases- 3 month bond. Head office holds the head license.(Centre Management is fully negotiable for an extension but can only apply before 6 months expiry of current lease.)

Employees
Fully under management - 1 Fulltime Manager + 11-12 casuals

Comments
Misc 1 - Franchise fee is 3% - marketing fee is 2% of sales. - Misc 2 - General expenses - Strong evening trade between 7.00 pm - 10.00 pm with very little competition and lots of foot traffic. - Full sales records available from the POS system - Set up costs $450,000. - Vendor will trial for 1 or 2 weeks after exchange of contract

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

SBXSF1203

For more details please call (02) 9439 4403
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