Visit this listing at https://www.sbx.com.au/business?id=CB1393

Business Code: CB1393

Key Features: Strong coffee sales of 60 kgs. p.w. - Takings $17,700 p.w.

State: NSW

Suburb: Wagga Wagga, 2650

Location: Busy street, with strong residential and business presence joining main thoroughfares of major South Western NSW City CBD.

Description

Cafe - coffee shop offering modern Australian cuisine with a large selection of breakfast favourites, including breakfast wrap with coffee special - menu is changed regularly to reflect changing fashions - Snacks are readily available all day and lunch menu includes burgers, wraps, salads, sandwiches, soups, chips and Asian options - Desserts and cakes selection from display cabinet - Excellent coffee sales of 60 kgs. p.w. with teas, milkshakes, smoothies, Kambucha and soft drinks available - Well equipped kitchen with gas appliances and ample refrigeration capacity installed - Local produce sourced whenever available.

Summary

  • Features: Strong local support - Great location - Long established and well-known - Good rent and lease - Strong coffee sales - Excellent presentation.
  • Potential: Target social media - Apply for liquor license - Open longer - Initiate website - Continue to promote retail coffee bean sales ( currently 10 kgs. p.w. ).
  • Premises: Detached older style premises, beautifully presented, with outdoor seating area sheltered by verandah and remote controlled shade blinds.
  • Trading Hours: 7 days - Mon. - Fri. - 6.00 a.m. - 5.00 p.m. - Sat. - 7.00 a.m. - 3.00 p.m. - Sun. - 8.00 a.m. - 2.00 p.m.
  • Lease: 5 + 5 year lease commenced December 2017 - C.P.I.increases - Bond 3 months.
  • Employees: 1 owner + 12 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$17,700

Cost of Goods

$6,170

Gross Profit

$11,530

Rent

$870

Wages

$6,200

Telephone

$40

Insurance

$140

Electricity

$270

Misc1

$120

Misc2

$60

Coffee Kilos P/W

60

Total Expenses

$7,700

Estimated Stock (Additional)

$15,000

Equipment (Included)

$85,000

Net Profit

$3,830

Price

$228,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Coffee Shop

Business Code: CB1393
Price: $228,000
+ Estimated SAV $15,000

Key Features: Strong coffee sales of 60 kgs. p.w. - Takings $17,700 p.w.

State: NSW

Suburb: Wagga Wagga, 2650

Location: Busy street, with strong residential and business presence joining main thoroughfares of major South Western NSW City CBD.

Description

Cafe - coffee shop offering modern Australian cuisine with a large selection of breakfast favourites, including breakfast wrap with coffee special - menu is changed regularly to reflect changing fashions - Snacks are readily available all day and lunch menu includes burgers, wraps, salads, sandwiches, soups, chips and Asian options - Desserts and cakes selection from display cabinet - Excellent coffee sales of 60 kgs. p.w. with teas, milkshakes, smoothies, Kambucha and soft drinks available - Well equipped kitchen with gas appliances and ample refrigeration capacity installed - Local produce sourced whenever available.

Summary

  • Features: Strong local support - Great location - Long established and well-known - Good rent and lease - Strong coffee sales - Excellent presentation.
  • Potential: Target social media - Apply for liquor license - Open longer - Initiate website - Continue to promote retail coffee bean sales ( currently 10 kgs. p.w. ).
  • Premises: Detached older style premises, beautifully presented, with outdoor seating area sheltered by verandah and remote controlled shade blinds.
  • Trading Hours: 7 days - Mon. - Fri. - 6.00 a.m. - 5.00 p.m. - Sat. - 7.00 a.m. - 3.00 p.m. - Sun. - 8.00 a.m. - 2.00 p.m.
  • Lease: 5 + 5 year lease commenced December 2017 - C.P.I.increases - Bond 3 months.
  • Employees: 1 owner + 12 casuals.
  • Sale Reason: Pressing family reasons.
  • Comments: Misc.- 1- Trade waste removal - Misc.- 2 - Security ($15) Cleaning ($25) Merchant fees ($20) - 3 group coffee machine and 3 grinders are owned by vendor and included - Grease trap with new pump installed - Security provided CCTV cameras with security firm monitoring - Forward planning to include stand alone fresh coffee roaster business starting end Jan. 2020 - Uber milk installed.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$17,700

Cost of Goods

$6,170

Gross Profit

$11,530

Rent (ex GST)

$870

Wages

$6,200

Telephone

$40

Insurance

$140

Electricity

$270

Misc1

$120

Misc2

$60

Coffee Kilos P/W

60

Total Expenses

$7,700

Estimated Stock (Additional)

$15,000

Equipment (Included)

$85,000

Net Profit

$3,830

Price

$228,000
+ Estimated SAV $15,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.