Visit this listing at https://www.sbx.com.au/business?id=SF1310

Business Code: SF1310

Key Features: Cafe - Near University -Foyer - Franchise - No rent - 5 Days -COVID -19 Special

State: NSW

Suburb: Werrington, 2747

Location: Situated in the foyer office building which is part of a major university. Tenants include Ambulance, Medical and Benevolent Society in the Western Suburbs targeting both students and office workers.

Description

Foyer cafe in university/corporate park with no rent - Franchise - Espresso bar - currently closed - Selling coffee as well as sandwiches, cakes, pastries and cold drinks. - No cooking - No rent. - 34 seats inside + 20 seats approved for outside- No rent payable until sales reach over $350,000 per annum- Captive market of customers and the only cafe on campus - NB - June - Oct 2020 Campus is currently closed due to Covid - 19

Summary

  • Features: Quality modern fit out - Building is occupied by office workers, Home loan, Ambulance and Medical tenants - Long lease - No cooking - 5 days - No rent - Captive market of customers and the only cafe on Campus - Open 50 weeks per year - No Nearby competition
  • Potential: Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple - Open more hours - Opportunities to do catering, functions and online sales . - Add more signage
  • Premises: This business has a captive market of customers with an area of 34 sq. mtrs. plus large seating area.
  • Trading Hours: 5 days - Mon. - Fri. - 8 a.m. till 3 p.m.( Currently closed)
  • Lease: Current lease commenced March,2016 - Expires March 2026 (lease is held by franchisor) - 4% increases - 3 month bond
  • Employees: 1 Full time + 1 casual
  • Comments:

Weekly Summary

Price

$49,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso - University- Corporate Park - Foyer Cafe - Franchise

Business Code: SF1310
Price: $49,000

Key Features: Cafe - Near University -Foyer - Franchise - No rent - 5 Days -COVID -19 Special

State: NSW

Suburb: Werrington, 2747

Location: Situated in the foyer office building which is part of a major university. Tenants include Ambulance, Medical and Benevolent Society in the Western Suburbs targeting both students and office workers.

Description

Foyer cafe in university/corporate park with no rent - Franchise - Espresso bar - currently closed - Selling coffee as well as sandwiches, cakes, pastries and cold drinks. - No cooking - No rent. - 34 seats inside + 20 seats approved for outside- No rent payable until sales reach over $350,000 per annum- Captive market of customers and the only cafe on campus - NB - June - Oct 2020 Campus is currently closed due to Covid - 19

Summary

  • Features: Quality modern fit out - Building is occupied by office workers, Home loan, Ambulance and Medical tenants - Long lease - No cooking - 5 days - No rent - Captive market of customers and the only cafe on Campus - Open 50 weeks per year - No Nearby competition
  • Potential: Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple - Open more hours - Opportunities to do catering, functions and online sales . - Add more signage
  • Premises: This business has a captive market of customers with an area of 34 sq. mtrs. plus large seating area.
  • Trading Hours: 5 days - Mon. - Fri. - 8 a.m. till 3 p.m.( Currently closed)
  • Lease: Current lease commenced March,2016 - Expires March 2026 (lease is held by franchisor) - 4% increases - 3 month bond
  • Employees: 1 Full time + 1 casual
  • Sale Reason: Company owned business with multiple sights
  • Comments: Misc. -1 -N/A - Franchise fee of $220 p.w. incl. gst - and 2% marketing fee ( The marketing fee of 2% begins 1 year after purchase and are waived for the first year)Open 50 weeks per year. Captive market of customers and the only cafe on the Campus -NB - June - Oct 2020 Campus is currently closed.
    COVID -19 SPECIAL- DIRECT FROM THE FRANCHISOR - GET IN NOW WHILE THIS SPECIAL PRICE LASTS - POTENTIAL PLUS , NO RENT - IDEAL FOR FIRST BUSINESS AND NEEDS A HANDS ON OPERATOR OR COUPLE -WIWO not selling on figures -
    Please contact your broker for more details .

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Price

$49,000

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