Cafe - Espresso - Franchise - Under Management

Business Code: M1390


Key Features: Very attractive price

State: NSW

Location: Prime street front location in commercial and residential area.

Description

Franchise cafe selling 40 kgs.coffee, cakes. simple menu. No cooking. - 50 seats inside. - 18 seats outside.

Summary

  • Features: Modern design. Very easy operation. Great franchise support. - Popular franchise. - Well priced

  • Potential: Fulltime couple could save on wages and make more profit - More development of highrise apartments will be built soon with more potential clients.

  • Premises: This business has an area of 160 sq. mts. including one office and storeroom.

  • Trading Hours: 7 days - Mon. - Fri. - 5:30 .a.m. - 6:30 .p.m. - Sat. - 6:00 a.m - 5 p.m. - Sun. - 7 a.m - 5 .p.m.

  • Lease: 10 years commenced May, 2013. - 4% increases - 3 months bond.

  • Employees: Run under management

  • Comments: Rent includes outgoings, wager and garbage. Misc. 1 franchise fee 8% of net sales. - Rare opportunity to own one of Australias leading Gloria Jeans franchises. Inspection is highly recommended.

Weekly Summary

Weekly Takings
(inc GST)

$12,000

Cost of Goods

$3,500

Gross Profit

$8,500

Rent

$1,990

Wages

$2,350

Telephone

$20

Insurance

$50

Electricity

$265

Misc1

$870

Total Expenses

$5,545

Estimated Stock (Additional)

$6,000

Equipment (Included)

$400,000

Net Profit

$2,955

Price

$198,000

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