Visit this listing at https://www.sbx.com.au/business?id=F3247SF

Business Code: F3247SF

Key Features: Cafe - Sales $15020 pw - Under Management - Takeaway - University - Newcastle

State: NSW

Suburb: Newcastle, 2308

Location: Great location inside university in a small foodcourt in Newcastle area.

Description

Cafe - takeaway selling hot and cold food including beverages, coffee, sandwiches, wraps, pastries, cakes, hot foods such as pasta, steak and chips, fish and chips, parmigana and chips. - Permitted use is not exclusive. - Cannot sell some products as juice bar adjacent. - Food court seating available.Profit is based on 2 owners working with 3 casuals -Currently run under full management.

Summary

  • Features: Captive market. - Semester operation. -Walk through traffic. - Simple food menu. - Long lease.
  • Potential: Increase sales by local marketing and through social media for example instagram and facebook. - Staff training.
  • Premises: This business has a full kitchen, gas, exhaust and grease trap with as new fitout.
  • Trading Hours: 5 days - Mon. to Fri. - 8 a.m. - to 6 p.m. during university semesters.
  • Lease: Current lease expires 17th January, 2023 + 2 year option -$14,000 bond
  • Employees: Profit is based on 2 owners working with 3 casuals -Currently run under full management.
  • Comments: Misc 1 - 5% Franchise Fee and 2% Marketing - Misc 2 Other general expenses and GST- The vendor owns the coffee machine and grinder. Vendor finance may be available -

Weekly Summary

Weekly Takings (inc GST)

$15,020

Cost of Goods

$4,930

Gross Profit

$10,090

Rent

$942

Wages

$2,566

Outgoings

$204

Telephone

$30

Insurance

$60

Misc1

$1,051

Misc2

$1,100

Total Expenses

$5,953

Estimated Stock (Additional)

$10,000

Equipment (Included)

$400,000

Net Profit

$4,137

Price

$248,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Under Management - Takeaway - University - Franchise

Business Code: F3247SF
Price: $248,000

Key Features: Cafe - Sales $15020 pw - Under Management - Takeaway - University - Newcastle

State: NSW

Suburb: Newcastle, 2308

Location: Great location inside university in a small foodcourt in Newcastle area.

Description

Cafe - takeaway selling hot and cold food including beverages, coffee, sandwiches, wraps, pastries, cakes, hot foods such as pasta, steak and chips, fish and chips, parmigana and chips. - Permitted use is not exclusive. - Cannot sell some products as juice bar adjacent. - Food court seating available.Profit is based on 2 owners working with 3 casuals -Currently run under full management.

Summary

  • Features: Captive market. - Semester operation. -Walk through traffic. - Simple food menu. - Long lease.
  • Potential: Increase sales by local marketing and through social media for example instagram and facebook. - Staff training.
  • Premises: This business has a full kitchen, gas, exhaust and grease trap with as new fitout.
  • Trading Hours: 5 days - Mon. to Fri. - 8 a.m. - to 6 p.m. during university semesters.
  • Lease: Current lease expires 17th January, 2023 + 2 year option -$14,000 bond
  • Employees: Profit is based on 2 owners working with 3 casuals -Currently run under full management.
  • Comments: Misc 1 - 5% Franchise Fee and 2% Marketing - Misc 2 Other general expenses and GST- The vendor owns the coffee machine and grinder. Vendor finance may be available -

Weekly Summary

Weekly Takings
(inc GST)

$15,020

Cost of Goods

$4,930

Gross Profit

$10,090

Rent (ex GST)

$942

Wages

$2,566

Outgoings

$204

Telephone

$30

Insurance

$60

Misc1

$1,051

Misc2

$1,100

Total Expenses

$5,953

Estimated Stock (Additional)

$10,000

Equipment (Included)

$400,000

Net Profit

$4,137

Price

$248,000

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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.