Visit this listing at https://www.sbx.com.au/business?id=FQ1139

Business Code: FQ1139

Key Features: Bakery - Sales $31,000 pw - Franchise - Under Full Management

State: NSW

Suburb: Sydney, 2000

Location: Situated on a very busy street near a major shopping hub and train station in Sydney CBD.

Description

Cafe - franchise serving over 50 varieties of pastries / bread baked fresh daily, delectable cakes crafted by award-winning master chefs, refreshing teas, smooth and rich tasting coffee, other beverages etc. - All ingredients delivered from franchise central kitchen. - Famous Asian franchise founded in 2003, with more than 1000 stores worldwide. - The owner does not work in the business. - A similar new franchise store will cost approx. $800K.

Summary

  • Features: Excellent location with high foot traffic -Established brand name - Franchise ongoing support & full training - Fully under management. - Easy to operate -No experience necessary.
  • Potential: Can trade 24/7 - No council restrictions - Due to lightrail completion, huge improvement in turnover is expected - Expand to catering and delivery - Currently no marketing. - An owner-operator would increase profit.
  • Premises: Modern premises with an area of of 95 sq.mts. meeting franchise requirements
  • Trading Hours: 7 days - Mon. - Sun. - 7:30 a.m. - 11:00 p.m.
  • Lease: Current lease expires Dec. 2020 + 4 year option. - 4% annual increases. - 3 months bond.
  • Employees: 18 casuals
  • Comments: Misc.- 1 - refers to Eftpos Merchant Facility fees. - Misc.- 2 - refers to repairs, garbage handling, council inspections and other misc. -

Weekly Summary

Weekly Takings (inc GST)

$31,000

Cost of Goods

$10,150

Gross Profit

$20,850

Rent

$9,700

Wages

$5,770

Telephone

$14

Insurance

$155

Electricity

$640

Misc1

$180

Misc2

$240

Total Expenses

$16,699

Estimated Stock (Additional)

$20,000

Net Profit

$4,151

Price

$360,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway - Bakery - Franchise - Under Management

Business Code: FQ1139
Price: $360,000

Key Features: Bakery - Sales $31,000 pw - Franchise - Under Full Management

State: NSW

Suburb: Sydney, 2000

Location: Situated on a very busy street near a major shopping hub and train station in Sydney CBD.

Description

Cafe - franchise serving over 50 varieties of pastries / bread baked fresh daily, delectable cakes crafted by award-winning master chefs, refreshing teas, smooth and rich tasting coffee, other beverages etc. - All ingredients delivered from franchise central kitchen. - Famous Asian franchise founded in 2003, with more than 1000 stores worldwide. - The owner does not work in the business. - A similar new franchise store will cost approx. $800K.

Summary

  • Features: Excellent location with high foot traffic -Established brand name - Franchise ongoing support & full training - Fully under management. - Easy to operate -No experience necessary.
  • Potential: Can trade 24/7 - No council restrictions - Due to lightrail completion, huge improvement in turnover is expected - Expand to catering and delivery - Currently no marketing. - An owner-operator would increase profit.
  • Premises: Modern premises with an area of of 95 sq.mts. meeting franchise requirements
  • Trading Hours: 7 days - Mon. - Sun. - 7:30 a.m. - 11:00 p.m.
  • Lease: Current lease expires Dec. 2020 + 4 year option. - 4% annual increases. - 3 months bond.
  • Employees: 18 casuals
  • Comments: Misc.- 1 - refers to Eftpos Merchant Facility fees. - Misc.- 2 - refers to repairs, garbage handling, council inspections and other misc. -

Weekly Summary

Weekly Takings
(inc GST)

$31,000

Cost of Goods

$10,150

Gross Profit

$20,850

Rent (ex GST)

$9,700

Wages

$5,770

Telephone

$14

Insurance

$155

Electricity

$640

Misc1

$180

Misc2

$240

Total Expenses

$16,699

Estimated Stock (Additional)

$20,000

Net Profit

$4,151

Price

$360,000

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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.