North West Sydney
NSW
$68,000
Franchise - Michel's Patisserie - Cafe - Cakes - Takeaway - Michels PatisseriePrice: $85,000Net Profit: $3,060 |
Visit this listing at https://www.sbx.com.au/business?id=SF1030 |
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Business Code: SF1030 Key Features: Michel's Franchise Patisserie & Cafe- Bondi Junction Area - Sydney NSW State: NSW Suburb: Bondi Junction, 2022 Location: Situated in a busy shopping centre in the Eastern Suburbs below residential units. DescriptionFranchise Michels Patisserie cafe - Takeaway selling house roasted coffee, a variety of teas, hot chocolate, milkshakes and smoothies. - Well known for their excellent selection of pastries and cakes, also provides pies, quiches, sausage rolls with sandwiches, toasties prepared from a dedicated sandwich bar. - Shop has very good hot and cold display cabinets - Also sells birthday cakes. - No cooking. - Shopping centre seating -- Figures are based on the 2019 weekly average - please contact your broker for 2020 monthly sales Summary
Weekly SummaryWeekly Takings (inc GST)$12,200Cost of Goods$3,100Gross Profit$9,100Rent$1,800Wages$2,100Outgoings$310Telephone$30Insurance$120Electricity$250Misc1$1,210Misc2$220Total Expenses$6,040Estimated Stock (Additional)$3,000Net Profit$3,060Price$85,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Franchise - Michel's Patisserie - Cafe - Cakes - Takeaway - Michels Patisserie
Business Code: SF1030
Price: $85,000
Key Features: Michel's Franchise Patisserie & Cafe- Bondi Junction Area - Sydney NSW
State: NSW
Suburb: Bondi Junction, 2022
Location: Situated in a busy shopping centre in the Eastern Suburbs below residential units.
Description
Franchise Michels Patisserie cafe - Takeaway selling house roasted coffee, a variety of teas, hot chocolate, milkshakes and smoothies. - Well known for their excellent selection of pastries and cakes, also provides pies, quiches, sausage rolls with sandwiches, toasties prepared from a dedicated sandwich bar. - Shop has very good hot and cold display cabinets - Also sells birthday cakes. - No cooking. - Shopping centre seating -- Figures are based on the 2019 weekly average - please contact your broker for 2020 monthly sales
Summary
- Features: Popular franchise - Good position - Strong Franchise brand with over 300 stores - High foot traffic - Profitable - Easy to run - Close to Aldi, Coles, parking and two large Gyms
- Potential: Would suit owner operator or couple - Do some advertising and marketing -Suitable for immigration purposes. - Upgrade required.
- Premises: Well positioned in food area with an area of 40 sq. mts. with 20 sq. mtr store room.
- Trading Hours: 7 days - Shopping centre hours
- Lease: March 2017 - March 2021, 4% Increases, 3 Month Bond
- Employees: 1 Owner - 1 full timer + 2 casuals
- Sale Reason: Other business interests.
- Comments: Misc. 1 - Franchise fees - 7% sales and 3% marketing.-Misc 2 - Other general expenses . - Recently renovated shopping centre with a large new major retailer and many other retail shops. Suitable for immigration purposes - A $25,000 New Franchise agreement is payable. There is a new lease commenced March 2017
To Complete the refurbishment an approx $50K will need to be paid by the purchaser for renovation/upgrade - This has been taken into account with the listed selling price - A must to inspect but please be discreet
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)
$12,200
Cost of Goods
$3,100
Gross Profit
$9,100
Rent (ex GST)
$1,800
Wages
$2,100
Outgoings
$310
Telephone
$30
Insurance
$120
Electricity
$250
Misc1
$1,210
Misc2
$220
Total Expenses
$6,040
Estimated Stock (Additional)
$3,000
Net Profit
$3,060
Price
$85,000
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