Visit this listing at https://www.sbx.com.au/business?id=FS1104F

Business Code: FS1104F

Key Features: Cafe - Franchise - Sales $42,000 pw - Under Management - Profit $10,658.00 pw

State: NSW

Suburb: Baulkham Hills, 2153

Location: Situated in a busy business park close to railway train station in North West Sydney.

Description

Cafe franchise selling around 50 kgs. coffee p.w., 8 kgs. hot chocolate, cold drinks etc.-Also serves breakfast & light meals, snacks, and cakes. - Simple but elegant dinner offering of seafood, steaks, burgers ,etc. - Licensed to open 7 days and nights - 55 seats inside - 60 seats outside.

Summary

  • Features: Stunning franchise business - High turnover - No competition - Long lease and good rent - Good support and training from franchisor - Top class fit-out. - Under management.
  • Potential: This business has been under full management for last 4 years.- An owner operation could greatly increase sales and reduce wages & expenses.- Could promote catering to surrounding businesses.
  • Premises: This business has an area of 175 sq. mts.
  • Trading Hours: 7 days.- Mon.- Sun.- 7:00 a.m.-10:00 p.m.
  • Lease: Current lease will expire on April, 2024 + 5 + 5 years option.- 3.5 % rent increases .- one month bond required.
  • Employees: 2 fulltimers + 32 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$42,000

Cost of Goods

$11,340

Gross Profit

$30,660

Rent

$2,935

Wages

$10,000

Outgoings

$230

Telephone

$50

Insurance

$70

Electricity

$700

Gas

$215

Misc1

$3,780

Misc2

$2,000

Total Expenses

$19,980

Estimated Stock (Additional)

$10,000

Net Profit

$10,680

Price

$1,295,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Franchise - Cafe - Under Management

Business Code: FS1104F
Price: $1,295,000
+ Estimated SAV $10,000

Key Features: Cafe - Franchise - Sales $42,000 pw - Under Management - Profit $10,658.00 pw

State: NSW

Suburb: Baulkham Hills, 2153

Location: Situated in a busy business park close to railway train station in North West Sydney.

Description

Cafe franchise selling around 50 kgs. coffee p.w., 8 kgs. hot chocolate, cold drinks etc.-Also serves breakfast & light meals, snacks, and cakes. - Simple but elegant dinner offering of seafood, steaks, burgers ,etc. - Licensed to open 7 days and nights - 55 seats inside - 60 seats outside.

Summary

  • Features: Stunning franchise business - High turnover - No competition - Long lease and good rent - Good support and training from franchisor - Top class fit-out. - Under management.
  • Potential: This business has been under full management for last 4 years.- An owner operation could greatly increase sales and reduce wages & expenses.- Could promote catering to surrounding businesses.
  • Premises: This business has an area of 175 sq. mts.
  • Trading Hours: 7 days.- Mon.- Sun.- 7:00 a.m.-10:00 p.m.
  • Lease: Current lease will expire on April, 2024 + 5 + 5 years option.- 3.5 % rent increases .- one month bond required.
  • Employees: 2 fulltimers + 32 casuals.
  • Sale Reason: Business consolidation.
  • Comments: Misc.-1-Franchise fee 9% - One of the top sales among 300 franchisees in Australia.- Rare opportunity with no competition and good lease terms.- Current catering figures not included in weekly sales. - Managers wages have been removed and added to net profit to show owner operation.- Good potential to reach $50k weekly turnover when new railway train station and big residential site complete next year.- vendor has done a rental valuation report around that area with great chance the rent will decrease on July, 2019.

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

$42,000

Cost of Goods

$11,340

Gross Profit

$30,660

Rent (ex GST)

$2,935

Wages

$10,000

Outgoings

$230

Telephone

$50

Insurance

$70

Electricity

$700

Gas

$215

Misc1

$3,780

Misc2

$2,000

Total Expenses

$19,980

Estimated Stock (Additional)

$10,000

Net Profit

$10,680

Price

$1,295,000
+ Estimated SAV $10,000

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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.