Visit this listing at https://www.sbx.com.au/business?id=M2091

Business Code: M2091

Key Features: Water view cafe in large developing area. - Net $6810 p.w.

State: NSW

Location: Prime location at entrance of major shopping centre with outside seating area and great water views. .

Description

Cafe - restaurant serving own brand of freshly roasted coffee, hot chocolate and offering a full delicious and fresh menu for breakfast, lunch and dinner. - Full commercial kitchen with high quality equipment - Liquor license - 50 seats inside and 25 seats outside.

Summary

  • Features: Top location in large developing area. - Great looking business. - New fitout - 10 years long lease. - Franchise ongoing support. - Very low franchise fee. - Currently run under management. - Great potential for further growth. -Well priced.
  • Potential: 1500 new units have being built next door which will bring more customers in the future and expected takings should grow to $30,000 p.w. - A motivated owner operator also can boost the sales under a good franchise operation.
  • Premises: Modern designed and great looking shop with an area of 159 m2 plus 50 m2 outdoor seating area with water views.
  • Trading Hours: 7 days - 7 a.m.- 10 p.m.
  • Lease: 5 + 5 year lease commenced Nov. 2018. - 3.5% increases. - 3 months bond.
  • Employees: Fully under management - 8 - 10 staff includes casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$27,000

Cost of Goods

$8,100

Gross Profit

$18,900

Rent

$2,920

Wages

$7,500

Telephone

$20

Insurance

$100

Electricity

$500

Gas

$150

Misc1

$400

Misc2

$500

Coffee Kilos P/W

30

Total Expenses

$12,090

Estimated Stock (Additional)

$9,000

Net Profit

$6,810

Price

$350,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Restaurant - Franchise - Under Management

Business Code: M2091
Price: $350,000

Key Features: Water view cafe in large developing area. - Net $6810 p.w.

State: NSW

Location: Prime location at entrance of major shopping centre with outside seating area and great water views. .

Description

Cafe - restaurant serving own brand of freshly roasted coffee, hot chocolate and offering a full delicious and fresh menu for breakfast, lunch and dinner. - Full commercial kitchen with high quality equipment - Liquor license - 50 seats inside and 25 seats outside.

Summary

  • Features: Top location in large developing area. - Great looking business. - New fitout - 10 years long lease. - Franchise ongoing support. - Very low franchise fee. - Currently run under management. - Great potential for further growth. -Well priced.
  • Potential: 1500 new units have being built next door which will bring more customers in the future and expected takings should grow to $30,000 p.w. - A motivated owner operator also can boost the sales under a good franchise operation.
  • Premises: Modern designed and great looking shop with an area of 159 m2 plus 50 m2 outdoor seating area with water views.
  • Trading Hours: 7 days - 7 a.m.- 10 p.m.
  • Lease: 5 + 5 year lease commenced Nov. 2018. - 3.5% increases. - 3 months bond.
  • Employees: Fully under management - 8 - 10 staff includes casuals.
  • Sale Reason: Franchisor sale- Expanding more businesses.
  • Comments: The rent includes all outgoings. - Misc.- 1- general business expenses includes bank fee. - Misc.- 2- Flat and fixed franchise fee which offers comprehensive training and ongoing support - weekly profit based on one owner working full time working in the business. - Brand new franchise store with high takings and huge growing potential. - Well priced to sell- The price is below shop establishment cost. -
    This business has been successfully running for 1 1/2 years and income consistently growing by a good management team.- There has been rapid growth since June,2020 when the lock down was lifted for Covid-19.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$27,000

Cost of Goods

$8,100

Gross Profit

$18,900

Rent (ex GST)

$2,920

Wages

$7,500

Telephone

$20

Insurance

$100

Electricity

$500

Gas

$150

Misc1

$400

Misc2

$500

Coffee Kilos P/W

30

Total Expenses

$12,090

Estimated Stock (Additional)

$9,000

Net Profit

$6,810

Price

$350,000

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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.