Visit this listing at https://www.sbx.com.au/business?id=SF1595

Business Code: SF1595

Key Features: Cafe - Franchise -Sales $23,100 p.w - Business Park - 5 Days - 50 kg Coffee p.w.

State: NSW

Suburb: Wollongong, 2500

Location: Prime location in a near new business park which is part of a large University campus in the North of Wollongong

Description

Cafe in a busy Business Park at a University - Franchise - Espresso - This is the No 3 store in the Franchise brand - Currently selling 50 kgs. coffee p.w.and 5 kg chocolate as well as breakfast, sandwiches, pasta, salads, cakes, pastries and cold drinks - Full kitchen plus cool room - Fully licensed - 100 seats inside and large communal area of outside seating.- Vendor finance may be available - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor -Sales shown are current in June 2021 and Pre Covid sales where approx $30K p.w.

Summary

  • Features: Under Management - Top business park location with strong well known tenants - Very little competition - Reasonable rent - Function area - Lifestyle location.
  • Potential: Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple who would be able to reduce costs and increase sales and profit - Open more hours - Huge opportunities to do catering, functions and online sales - Do some marketing and advertising - Add pizza
  • Premises: Very luxurious, spacious, modern and well designed premises in a business park with large glass windows, views and a captive market of customers and an area of 243 m2 plus communal seating
  • Trading Hours: 5 days - Mon. - Fri. - 7 a.m. - 4 p.m.
  • Lease: June 2021 - July 2031 - 4% Increases - 6 month bond (Sub lease from University)
  • Employees: 1 Manager + 1 assistant Manager + 1 full time chef / cook + 3- 4 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$23,100

Cost of Goods

$7,246

Gross Profit

$15,854

Rent

$1,730

Wages

$4,900

Telephone

$30

Insurance

$80

Electricity

$800

Misc1

$2,079

Misc2

$850

Total Expenses

$10,469

Estimated Stock (Additional)

$15,000

Net Profit

$5,385

Price

$498,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Business Park - Foyer - Under Management - Franchise - Takeaway

Business Code: SF1595
Price: $498,000
+ Estimated SAV $15,000

Key Features: Cafe - Franchise -Sales $23,100 p.w - Business Park - 5 Days - 50 kg Coffee p.w.

State: NSW

Suburb: Wollongong, 2500

Location: Prime location in a near new business park which is part of a large University campus in the North of Wollongong

Description

Cafe in a busy Business Park at a University - Franchise - Espresso - This is the No 3 store in the Franchise brand - Currently selling 50 kgs. coffee p.w.and 5 kg chocolate as well as breakfast, sandwiches, pasta, salads, cakes, pastries and cold drinks - Full kitchen plus cool room - Fully licensed - 100 seats inside and large communal area of outside seating.- Vendor finance may be available - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor -Sales shown are current in June 2021 and Pre Covid sales where approx $30K p.w.

Summary

  • Features: Under Management - Top business park location with strong well known tenants - Very little competition - Reasonable rent - Function area - Lifestyle location.
  • Potential: Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple who would be able to reduce costs and increase sales and profit - Open more hours - Huge opportunities to do catering, functions and online sales - Do some marketing and advertising - Add pizza
  • Premises: Very luxurious, spacious, modern and well designed premises in a business park with large glass windows, views and a captive market of customers and an area of 243 m2 plus communal seating
  • Trading Hours: 5 days - Mon. - Fri. - 7 a.m. - 4 p.m.
  • Lease: June 2021 - July 2031 - 4% Increases - 6 month bond (Sub lease from University)
  • Employees: 1 Manager + 1 assistant Manager + 1 full time chef / cook + 3- 4 casuals
  • Sale Reason: This site being offered direct from a leading franchise group
  • Comments: Misc.- 1 - franchise fee of 7% and a marketing fee of 2% p.w. - Misc.- 2 - Other general expenses and gst. - Pizza oven is included but not currently being used -Vendor Finance may be available. - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor -
    Training rooms located upstairs brings in lots of customers and catering potential as there is very little competition in the centre. - The Managers wage of $2000 p.w. has been removed and shown in profit as for an owner operator - A parking space is available for a fee of $1,500 per year if required. -
    A must to inspect but please be discreet - Captive market of customers and located in the business park -One of the leading coffee destinations on this campus, currently fully managed

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

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$23,100

Cost of Goods

$7,246

Gross Profit

$15,854

Rent (ex GST)

$1,730

Wages

$4,900

Telephone

$30

Insurance

$80

Electricity

$800

Misc1

$2,079

Misc2

$850

Total Expenses

$10,469

Estimated Stock (Additional)

$15,000

Net Profit

$5,385

Price

$498,000
+ Estimated SAV $15,000

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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.