Visit this listing at https://www.sbx.com.au/business?id=SF1517

Business Code: SF1517

Key Features: Cafe - Franchise - Sales $7,500 pw - Foyer Cafe - 5 Days

State: NSW

Suburb: North Sydney, 2060

Location: Lobby cafe situated under a main street office tower with over 1200 employees and surrounded by offices, retail and residential in the Lower North Shore

Description

Cafe - foyer - franchise - takeaway currently selling 25 kgs. coffee p.w. - No electricity, garbage and outgoings on the lease - Known for great coffee and hot chocolate drinks and a fresh high quality menu which includes breakfasts, sandwiches, wraps, cakes, pastries and cold drinks - Innovative concept of ready to go products- Light cooking only - 20 seats outside - 50 seats inside. - Separate preparation area - Vendor Finance may be available to accepted buyers.

Summary

  • Features: Excellent fit out - Nothing to spend - - Good rent - Easy to run -Captive market of customers - 5 days -24 levels office tower
  • Potential: Could further increase catering - Improve social media presence - Obtain a liquor license (STA) - A motivated new owner or couple could increase sales and profit
  • Premises: This business is very modern with full glass window panels and well positioned with spacious foyer seating plus an outdoor seating area included in the lease with an area of 108 sq. mts.
  • Trading Hours: 5 days- Mon. - Fri. - 6.30 a.m. - 4.30 p.m.
  • Lease: Current lease expires Sept. 2022 - C.P.I. Increases - 3 month bond
  • Employees: 1 Manager - 1 fulltimer + 1-2 casuals
  • Comments: Misc.- 1 - Franchise fee is 7% of sales - Misc.- 2 - Other general expenses. - No electricity, garbage and no outgoings on the lease.- The managers wage of $1,200 p.w. has been removed and shown in net profit as for an owner operator. This business would suit many buyers as training is provided and is known for its high quality coffee and sandwiches as well as good support from franchisor. -

Weekly Summary

Weekly Takings (inc GST)

$7,500

Cost of Goods

$2,200

Gross Profit

$5,300

Rent

$1,270

Wages

$1,800

Telephone

$20

Insurance

$70

Misc1

$525

Misc2

$110

Total Expenses

$3,795

Estimated Stock (Additional)

$3,000

Net Profit

$1,505

Price

$78,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Foyer Cafe - Espresso - Takeaway -Franchise

Business Code: SF1517
Price: $78,000

Key Features: Cafe - Franchise - Sales $7,500 pw - Foyer Cafe - 5 Days

State: NSW

Suburb: North Sydney, 2060

Location: Lobby cafe situated under a main street office tower with over 1200 employees and surrounded by offices, retail and residential in the Lower North Shore

Description

Cafe - foyer - franchise - takeaway currently selling 25 kgs. coffee p.w. - No electricity, garbage and outgoings on the lease - Known for great coffee and hot chocolate drinks and a fresh high quality menu which includes breakfasts, sandwiches, wraps, cakes, pastries and cold drinks - Innovative concept of ready to go products- Light cooking only - 20 seats outside - 50 seats inside. - Separate preparation area - Vendor Finance may be available to accepted buyers.

Summary

  • Features: Excellent fit out - Nothing to spend - - Good rent - Easy to run -Captive market of customers - 5 days -24 levels office tower
  • Potential: Could further increase catering - Improve social media presence - Obtain a liquor license (STA) - A motivated new owner or couple could increase sales and profit
  • Premises: This business is very modern with full glass window panels and well positioned with spacious foyer seating plus an outdoor seating area included in the lease with an area of 108 sq. mts.
  • Trading Hours: 5 days- Mon. - Fri. - 6.30 a.m. - 4.30 p.m.
  • Lease: Current lease expires Sept. 2022 - C.P.I. Increases - 3 month bond
  • Employees: 1 Manager - 1 fulltimer + 1-2 casuals
  • Comments: Misc.- 1 - Franchise fee is 7% of sales - Misc.- 2 - Other general expenses. - No electricity, garbage and no outgoings on the lease.- The managers wage of $1,200 p.w. has been removed and shown in net profit as for an owner operator. This business would suit many buyers as training is provided and is known for its high quality coffee and sandwiches as well as good support from franchisor. -

Weekly Summary

Weekly Takings
(inc GST)

$7,500

Cost of Goods

$2,200

Gross Profit

$5,300

Rent (ex GST)

$1,270

Wages

$1,800

Telephone

$20

Insurance

$70

Misc1

$525

Misc2

$110

Total Expenses

$3,795

Estimated Stock (Additional)

$3,000

Net Profit

$1,505

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.