South West Sydney
NSW
$590,000
Cafe - Takeaway - Bakery - Franchise - Under ManagementPrice: $360,000Net Profit: $4,151 |
Visit this listing at https://www.sbx.com.au/business?id=FQ1139F |
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Business Code: FQ1139F 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. DescriptionCafe - 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
Weekly SummaryWeekly Takings (inc GST)$31,000Cost of Goods$10,150Gross Profit$20,850Rent$9,700Wages$5,770Telephone$14Insurance$155Electricity$640Misc1$180Misc2$240Total Expenses$16,699Estimated Stock (Additional)$20,000Net Profit$4,151Price$360,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Cafe - Takeaway - Bakery - Franchise - Under Management
Business Code: FQ1139F
Price: $360,000
+ Estimated SAV $20,000
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
- Sale Reason: Owner is focused on other business ventures
- Comments: Misc.- 1 - refers to Eftpos Merchant Facility fees. - Misc.- 2 - refers to repairs, garbage handling, council inspections and other misc. -
Figures assume one owner working full time. - Wages under full management is approx. $6,800/wk. -
18 casuals on roster. - The store only requires 5-6 casuals to operate at a time. - Annual turnover is $1.6m at the moment due to light rail construction. - The anticipated turnover for this store is $2.5m per year. at the completion of light rail construction.
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
$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
+ Estimated SAV $20,000
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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.
