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

Business Code: SF1310

Key Features: Cafe - Near University -Foyer - Franchise - Werrington - No rent -5 Days

State: NSW

Suburb: Werrington, 2747

Location: Situated in the foyer office building which is part of a major university, Ambulance 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 - Selling coffee as well as sandwiches, cakes, pastries and cold drinks. - Innovative concept of ready to go products which are delivered fresh to the store daily - No cooking - No rent. - Modern and well set up shop with good systems in place - Catering is included in sales with lots of potential to increase. - 34 seats inside + 20 seats approved for outside- No rent payable until sales reach over $350,000 per year -Vendor Finance may be available to accepted buyers - Captive market of customers and the only cafe on Campus with sales increasing.

Summary

  • Features: Quality modern fit out - Building is occupied by office workers - Long lease - Easy to run - No cooking - 5 days. - No rent - No Franchise fees for the first year - Up to date procedures and data system 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 - Do some marketing and advertising. - 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.
  • 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 (Currently $1,200 p.w. removed and shown in profit for owner operator)
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$4,600

Cost of Goods

$1,500

Gross Profit

$3,100

Insurance

$60

Electricity

$40

Misc1

$220

Misc2

$280

Total Expenses

$600

Estimated Stock (Additional)

$2,000

Net Profit

$2,500

Price

$78,000

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: $78,000

Key Features: Cafe - Near University -Foyer - Franchise - Werrington - No rent -5 Days

State: NSW

Suburb: Werrington, 2747

Location: Situated in the foyer office building which is part of a major university, Ambulance 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 - Selling coffee as well as sandwiches, cakes, pastries and cold drinks. - Innovative concept of ready to go products which are delivered fresh to the store daily - No cooking - No rent. - Modern and well set up shop with good systems in place - Catering is included in sales with lots of potential to increase. - 34 seats inside + 20 seats approved for outside- No rent payable until sales reach over $350,000 per year -Vendor Finance may be available to accepted buyers - Captive market of customers and the only cafe on Campus with sales increasing.

Summary

  • Features: Quality modern fit out - Building is occupied by office workers - Long lease - Easy to run - No cooking - 5 days. - No rent - No Franchise fees for the first year - Up to date procedures and data system 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 - Do some marketing and advertising. - 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.
  • 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 (Currently $1,200 p.w. removed and shown in profit for owner operator)
  • 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) - Misc.- 2 - Other general expenses and gst - No rent and no outgoings -Wages of $1,200 p.w. have been removed and shown in net profit as for 1 owner operator and 1 part time owner operator -
    Open 50 weeks per year. Good records available -Vendor Finance may be available - A must to inspect but please be discreet - Captive market of customers and the only cafe on the Campus

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

Weekly Summary

Weekly Takings
(inc GST)

$4,600

Cost of Goods

$1,500

Gross Profit

$3,100

Insurance

$60

Electricity

$40

Misc1

$220

Misc2

$280

Total Expenses

$600

Estimated Stock (Additional)

$2,000

Net Profit

$2,500

Price

$78,000

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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.