Visit this listing at https://www.sbx.com.au/business?id=SF1488

Business Code: SF1488

Key Features: Foyer Cafe - Company owned Franchise - Sales $11,600p.w.- 5 day - Melbourne CBD

State: VIC

Location: Excellent address directly across from the train station and surrounded by hotels, offices and retail in the heart of the Melbourne CBD

Description

Cafe - foyer - Lobby cafe - Takeaway - Franchise - selling 36 kgs. coffee as well as sandwiches, salads, cakes, freshly baked muffins and snacks - No cooking - Innovative concept of ready to go products.- 50 seats - 22 level high rise building - 5 days

Summary

  • Features: Brilliant foyer location - Nothing to spend - Long lease - New fit out - Good social media presence - Currently run under management- Captive market of customers - All inclusive lease with no outgoings.
  • Potential: Suit an owner operator or couple - Obtain a liquor license (STA) - This is a new business that is still growing.- Expand catering.
  • Premises: Street level foyer cafe with modern fit out and an area of 20m2 plus a large seating area available of 150m2
  • Trading Hours: 5 days - Mon. - Fri. - 7 a.m. - 4 p.m.
  • Lease: Current lease expires Feb. 2028 - C.P.I. increases. - 6-12 month bond by negotiation based on experience- All inclusive lease with no outgoings.
  • Employees: 1 Manager + 1 full timer + 2 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$11,600

Cost of Goods

$3,300

Gross Profit

$8,300

Rent

$2,115

Wages

$2,200

Telephone

$20

Insurance

$50

Electricity

$100

Misc1

$330

Misc2

$300

Coffee Kilos P/W

36

Total Expenses

$5,115

Estimated Stock (Additional)

$2,000

Net Profit

$3,185

Price

$128,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Foyer Cafe - Franchise - Under Management- Takeaway

Business Code: SF1488
Price: $128,000

Key Features: Foyer Cafe - Company owned Franchise - Sales $11,600p.w.- 5 day - Melbourne CBD

State: VIC

Location: Excellent address directly across from the train station and surrounded by hotels, offices and retail in the heart of the Melbourne CBD

Description

Cafe - foyer - Lobby cafe - Takeaway - Franchise - selling 36 kgs. coffee as well as sandwiches, salads, cakes, freshly baked muffins and snacks - No cooking - Innovative concept of ready to go products.- 50 seats - 22 level high rise building - 5 days

Summary

  • Features: Brilliant foyer location - Nothing to spend - Long lease - New fit out - Good social media presence - Currently run under management- Captive market of customers - All inclusive lease with no outgoings.
  • Potential: Suit an owner operator or couple - Obtain a liquor license (STA) - This is a new business that is still growing.- Expand catering.
  • Premises: Street level foyer cafe with modern fit out and an area of 20m2 plus a large seating area available of 150m2
  • Trading Hours: 5 days - Mon. - Fri. - 7 a.m. - 4 p.m.
  • Lease: Current lease expires Feb. 2028 - C.P.I. increases. - 6-12 month bond by negotiation based on experience- All inclusive lease with no outgoings.
  • Employees: 1 Manager + 1 full timer + 2 casuals
  • Sale Reason: Company owned store with multiple sites.
  • Comments: Misc. - 1 - Franchise fee fixed $330 p.w. inc gst. ( which includes support). - Misc.-2- Other general expenses - This renovated building has 22 floors - A3 group La Marzzocco coffee machine and grinders is owned by the coffee company - The Managers wage of $1200 p.w. has been removed from wages and shown in net profit as if for an owner operator.- Finance may be available to approved buyer - Inspection by appointment!

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)

$11,600

Cost of Goods

$3,300

Gross Profit

$8,300

Rent (ex GST)

$2,115

Wages

$2,200

Telephone

$20

Insurance

$50

Electricity

$100

Misc1

$330

Misc2

$300

Coffee Kilos P/W

36

Total Expenses

$5,115

Estimated Stock (Additional)

$2,000

Net Profit

$3,185

Price

$128,000

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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.