Visit this listing at https://www.sbx.com.au/business?id=SF1639

Business Code: SF1639

Key Features: Cafe - Franchise - Takeaway - Espresso - 5 Day - Martin Place CBD - Sydney NSW

State: NSW

Suburb: Sydney, 2000

Location: Prime location near Martin Place and direct access to major transport hubs - surrounded by hotels, park, offices and retail in the heart of Sydney CBD.

Description

Cafe - Franchise - Takeaway - 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 -14 seats - 5 days - Franchise agreement and training costs are extra and can be discussed at a meeting with the vendor

Summary

  • Features: Located below an 86 room hotel and boutique office space - Luxury apartments nearby - Nothing to spend - Long lease - Good social media presence - Captive market of customers - Only water for outgoings - Rent includes storage area - Equipment 2 years old
  • Potential: Open 7 days - Outdoor seating (STA) - Metro station completed in 2023 - Suit an owner operator or couple - Obtain a liquor license (STA) - This is a business that is still growing and has lots of potential - Expand catering.
  • Premises: Modern and well designed cafe with bi fold doors, outdoor seating potential and an area of 48 m2 plus storage area
  • Trading Hours: 5 days - Mon. - Fri. - 6 a.m. till 3 p.m. (4 p.m. pre Covid)
  • Lease: Current lease expires Feb, 2026 + 5 year option- 3.5% yearly increases - 3 month bond
  • Employees: 2 owners + 1-2 casuals as required
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$7,500

Cost of Goods

$2,475

Gross Profit

$5,025

Rent

$1,560

Wages

$160

Outgoings

$10

Telephone

$10

Insurance

$40

Electricity

$200

Misc1

$675

Misc2

$50

Total Expenses

$2,705

Estimated Stock (Additional)

$3,000

Net Profit

$2,320

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Franchise - Takeaway - Espresso - Piccolo Me

Business Code: SF1639
Price: $98,000
+ Estimated SAV $3,000

Key Features: Cafe - Franchise - Takeaway - Espresso - 5 Day - Martin Place CBD - Sydney NSW

State: NSW

Suburb: Sydney, 2000

Location: Prime location near Martin Place and direct access to major transport hubs - surrounded by hotels, park, offices and retail in the heart of Sydney CBD.

Description

Cafe - Franchise - Takeaway - 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 -14 seats - 5 days - Franchise agreement and training costs are extra and can be discussed at a meeting with the vendor

Summary

  • Features: Located below an 86 room hotel and boutique office space - Luxury apartments nearby - Nothing to spend - Long lease - Good social media presence - Captive market of customers - Only water for outgoings - Rent includes storage area - Equipment 2 years old
  • Potential: Open 7 days - Outdoor seating (STA) - Metro station completed in 2023 - Suit an owner operator or couple - Obtain a liquor license (STA) - This is a business that is still growing and has lots of potential - Expand catering.
  • Premises: Modern and well designed cafe with bi fold doors, outdoor seating potential and an area of 48 m2 plus storage area
  • Trading Hours: 5 days - Mon. - Fri. - 6 a.m. till 3 p.m. (4 p.m. pre Covid)
  • Lease: Current lease expires Feb, 2026 + 5 year option- 3.5% yearly increases - 3 month bond
  • Employees: 2 owners + 1-2 casuals as required
  • Sale Reason: Owners moving back to China
  • Comments: Misc. - 1 - Franchise fee 7% and 2% marketing fee - Misc.-2- Other general expenses - Australian owned Franchise Group established since 2012 - The 3 group La Marzzocco coffee machine and grinder is owned by the coffee company - This business has been affected in 2020 & 2021 by Covid -19 and has lots of potential to grow after lock down due to the prominent location - Close proximity to Martin Place and distinguished Sydney CBD address.
    A must to inspect but please be discreet.

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

$7,500

Cost of Goods

$2,475

Gross Profit

$5,025

Rent (ex GST)

$1,560

Wages

$160

Outgoings

$10

Telephone

$10

Insurance

$40

Electricity

$200

Misc1

$675

Misc2

$50

Total Expenses

$2,705

Estimated Stock (Additional)

$3,000

Net Profit

$2,320

Price

$98,000
+ Estimated SAV $3,000

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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.