Visit this listing at https://www.sbx.com.au/business?id=SF1030

Business Code: SF1030

Key Features: Michels Patisserie - Profit $3,060pw - High foot traffic in Shopping Centre

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

Summary

  • Features: Popular franchise - Good position - Strong Franchise brand with over 300 stores - High foot traffic - Profitable - Easy to run
  • 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 2022, 4% Increases, 3 Month Bond
  • Employees: 1 Owner - 1 full timer + 2 casuals
  • 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

Weekly Summary

Weekly Takings (inc GST)

$12,200

Cost of Goods

$3,100

Gross Profit

$9,100

Rent

$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

Equipment (Included)

$80,000

Net Profit

$3,060

Price

$85,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Franchise - Cafe - Cakes - Takeaway - Michels Patisserie

Business Code: SF1030
Price: $85,000

Key Features: Michels Patisserie - Profit $3,060pw - High foot traffic in Shopping Centre

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

Summary

  • Features: Popular franchise - Good position - Strong Franchise brand with over 300 stores - High foot traffic - Profitable - Easy to run
  • 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 2022, 4% Increases, 3 Month Bond
  • Employees: 1 Owner - 1 full timer + 2 casuals
  • 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

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

Equipment (Included)

$80,000

Net Profit

$3,060

Price

$85,000

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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.