Foyer Cafe - Espresso -Franchise - Under Management

Business Code: SF1044


Key Features: Great lease

State: NSW

Location: Foyer cafe under a large office building surrounded by offices in the centre of the C.B.D.

Description

Foyer cafe / espresso - franchise - selling 50 kgs. coffee and 10 kgs. chocolate as well as sandwiches, salads, cakes, freshly baked muffins and snacks - Full kitchen with grease trap and exhaust - Innovative concept of ready to go products.- Seating for 35 inside and 40 seats outside

Summary

  • Features: Fantastic CBD location. - Long lease - Excellent rent - New fit out - Good social media presence - Run under management.- No outgoings or water - High foot traffic

  • Potential: This is a new business that is still growing.- Expand catering - An owner operator could increase sales and profit. - Obtain a liquor license (STA)

  • Premises: Modern, spacious and high quality cafe with an industrial decor. - Good size area of 100 m2 plus a large outdoor seating area overlooking the street. Separate prep area and storage room.

  • Trading Hours: 5 days - Mon. - Fri. 7 a.m. - 4 p.m.

  • Lease: 10 year lease commenced Oct. 2016- C. P. I. increases - 3 months bond

  • Employees: 1 manager + 4- 5 casuals

  • Comments: Miscell. 1 - Franchse fee, 7% (which includes support) - The coffee and packaging is purchased from this Australian owned company at reasonable prices. - Managers wage of $1200 p.w. has been removed and shown in net profit as for an owner operator. - Very up to date marketting and excellent branding. - This business is a must to inspect.

Weekly Summary

Weekly Takings
(inc GST)

$20,100

Cost of Goods

$6,170

Gross Profit

$13,930

Rent

$1,490

Wages

$5,200

Telephone

$40

Insurance

$80

Electricity

$300

Misc1

$1,407

Misc2

$250

Total Expenses

$8,767

Estimated Stock (Additional)

$5,000

Net Profit

$5,163

Price

$598,000

Enquire about this listing

OR