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 2020/21 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
+ Estimated SAV $3,000
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 2020/21 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,New lease with refurbishment is required - 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
Figures include GST unless stated otherwise
Weekly Takings
$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
+ Estimated SAV $3,000
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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.
