Visit this listing at https://www.sbx.com.au/business?id=F3161

Business Code: F3161

Key Features: Upper Nth Shore Nsw - Popular franchise - Profit $1,570 pw - Michels Patisserie.

State: NSW

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

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.

Summary

  • Features: Corner shop. - Long lease. - No heavy cooking. - Loyal clientele
  • 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.
  • Premises: Open plan seating with huge display cabinet and an area of 50 sq. mts.
  • 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.

Weekly Summary

Weekly Takings (inc GST)

$11,000

Cost of Goods

$3,550

Gross Profit

$7,450

Rent

$1,720

Wages

$2,500

Telephone

$35

Insurance

$25

Electricity

$250

Misc1

$1,000

Misc2

$270

Coffee Kilos P/W

25

Total Expenses

$5,880

Estimated Stock (Additional)

$5,000

Net Profit

$1,570

Price

$68,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Cakes - Takeaway - Franchise

Business Code: F3161
Price: $68,000

Key Features: Upper Nth Shore Nsw - Popular franchise - Profit $1,570 pw - Michels Patisserie.

State: NSW

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

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.

Summary

  • Features: Corner shop. - Long lease. - No heavy cooking. - Loyal clientele
  • 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.
  • Premises: Open plan seating with huge display cabinet and an area of 50 sq. mts.
  • 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.

Weekly Summary

Weekly Takings
(inc GST)

$11,000

Cost of Goods

$3,550

Gross Profit

$7,450

Rent (ex GST)

$1,720

Wages

$2,500

Telephone

$35

Insurance

$25

Electricity

$250

Misc1

$1,000

Misc2

$270

Coffee Kilos P/W

25

Total Expenses

$5,880

Estimated Stock (Additional)

$5,000

Net Profit

$1,570

Price

$68,000

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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.