Cafe - Takeaway - Franchise

Business Code: M1890


Key Features: Popular franchise

State: ACT

Suburb: Canberra

Location: Prime street front location in busy shopping strip next to major shopping centre in Canberra CBD.

Description

Franchise cafe selling a wide selection of chocolates, coffee, iced coffee, waffles, light snacks and toasts. - Selling 80 kgs. of chocolate and 40 kgs of coffee per week. - 60 seats outside - 42 seats inside.

Summary

  • Features: Top location. - Easy operation. - Well known franchise. - High margins. - Growing business. - Long lease. - Very simple menu. - No heavy cooking.

  • Potential: This business is gradually growing. - Two full-time owners working in the business could save on wages and nett $6500 a week.

  • Premises: Modern designed shop with an area of 90m2 plus separate storage room.

  • Trading Hours: 7 days - Mon. -Thurs. - 7:30 a.m.- 11 p.m. - Fri. -Sat. - 7:30 a.m.- 12 a.m. - Sun. - 8:30 a.m.- 10:30 p.m.

  • Lease: 7 year lease commenced Nov 2014. - 4% annual increases. - Bank guarantee $31625.

  • Employees: One part-time owner + one manager + 12 casuals

  • Comments: Miscell. 1 - Franchise fee 5% of net sales - - Miscell. 2- General business expenses. -Financial details are available.

Weekly Summary

Weekly Takings
(inc GST)

$19,000

Cost of Goods

$5,825

Gross Profit

$13,175

Rent

$2,210

Wages

$4,425

Outgoings

$120

Telephone

$15

Insurance

$25

Electricity

$265

Misc1

$770

Misc2

$275

Coffee Kilos P/W

40

Total Expenses

$8,105

Estimated Stock (Additional)

$8,000

Net Profit

$5,070

Price

$580,000

Enquire about this listing

OR