Cafe - Franchise - Under Management- Restaurant

Business Code: SF1255


Key Features: Popular franchise

State: QLD

Suburb: Upper Mount Gravatt, 4122

Location: Situated inside one of the largest shopping centres in Queensland, with excellent exposure and surrounded by other well known retail shops.

Description

Cafe - Franchise selling a large variety of hot beverages, plus a wide selection of chocolates. - Also offering a good variety of hot chocolate, iced coffee, cold drinks, fondues, waffles, churros, crepes, ice cream, light snacks, sandwiches - Coffee sales 40 kgs. p.w. and chocolate drink sales 40 kgs. per week- Full kitchen with coolroom- 70 seats.

Summary

  • Features: Excellent location - Brilliant fit out - Nothing to spend - Good lease - Great coffee and chocolate - Plenty of foot traffic - Easy to operate -Good franchise support - Close to a large department store - Nearby cinema - Proven formula

  • Potential: An owner operator could save on wages and increase sales and profit - Continue to grow the business - Great opportunity to own your own business and receive the best training from a well known franchisor.

  • Premises: Corner position with walkway seating - Modern and beautifully designed store with an area of 148 sq. mts.

  • Trading Hours: 7 Days - Shopping centre hours

  • Lease: Current lease expires Oct. 2022. - C.P.I. + 2% increases - 3 month bond

  • Employees: 1 Manager + 3 fulltimers + 6-10 casuals as required.

  • Comments: Misc 1 - Franchise Fees - Royalty 6% and 5% marketing. - Misc 2 - Other general expenses. - Currently run under management. - The managers wage has been removed and shown in profit. - Potential to make a great income.

Weekly Summary

Weekly Takings
(inc GST)

$24,100

Cost of Goods

$6,800

Gross Profit

$17,300

Rent

$3,681

Wages

$5,480

Outgoings

$100

Telephone

$95

Insurance

$50

Electricity

$300

Gas

$150

Misc1

$1,566

Misc2

$200

Total Expenses

$11,622

Estimated Stock (Additional)

$10,000

Equipment (Included)

$150,000

Net Profit

$5,678

Price

$428,000

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