Visit this listing at https://www.sbx.com.au/business?id=SF1659

Business Code: SF1659

Key Features: BRILLIANT OPPORTUNITY - Foyer Cafe - Corporate Park - Franchise

State: NSW

Suburb: Werrington, 2747

Location: Situated in the foyer of the corporate park building which is part of a major university. Tenants include Ambulance, Medical and Benevolent Society in the Western Suburbs targeting Tradies, students and office workers.

Description

Cafe x 2 Currently closed but ready to trade with a new owner - Franchise -Takeaway - Cafe 1 is A modern foyer cafe in a three level corporate park and a second cafe nearby with a kitchen is included in the sale- Selling coffee as well as sandwiches, cakes, pastries and cold drinks - Shop 1 has no cooking and no rent, lots of seating,- No rent payable until sales reach over $350,000 per annum - Cafe 2 - Rent is $100 p.w. ex gst and has 35 seats inside + 35 seats approved for outside - and the shop is 111 m2 and has a kitchen with a cool room and exhaust. Purchased in 2021 and the cafe was closed for 8 months due to the Corona Virus mandates and is ready to re open now in 2022.- This is currently not a going concern and GST may be payable and extra to the selling price however it can be claimed back on your first lodged bas statement.

Summary

  • Features: Business Park location with corporate clients linked to the educational, and research functions of UWS- Building is occupied by office workers, Home loan, Ambulance and Medical tenants - Long lease - 5 days - Captive market of customers and the only cafes on Campus in the corporate park - Open 50 weeks per year
  • Potential: Very suitable for an owner operator or couple - Opportunities to do catering, functions and online sales - Add more signage
  • Premises: This business has a captive market of customers with an area of 34 sq. mtrs. plus large seating area. Tafe is under construction nearby.
  • Trading Hours: 5 days - Mon. - Fri. - 8 a.m. till 3 p.m.( Currently closed till May, 2022. )
  • Lease: Current leases commenced March 2021 - Expires March 2026 + 5 year option - 4% increases - 3 month bond & second location approx 300m away with same lease and rent $476 p.w.ex gst and a bond of $5,000
  • Employees:
  • Comments:

Weekly Summary

Rent

$100

Price

$45,000

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: SF1659
Price: $45,000

Key Features: BRILLIANT OPPORTUNITY - Foyer Cafe - Corporate Park - Franchise

State: NSW

Suburb: Werrington, 2747

Location: Situated in the foyer of the corporate park building which is part of a major university. Tenants include Ambulance, Medical and Benevolent Society in the Western Suburbs targeting Tradies, students and office workers.

Parking: 2 parking spaces and free parking.

Description

Cafe x 2 Currently closed but ready to trade with a new owner - Franchise -Takeaway - Cafe 1 is A modern foyer cafe in a three level corporate park and a second cafe nearby with a kitchen is included in the sale- Selling coffee as well as sandwiches, cakes, pastries and cold drinks - Shop 1 has no cooking and no rent, lots of seating,- No rent payable until sales reach over $350,000 per annum - Cafe 2 - Rent is $100 p.w. ex gst and has 35 seats inside + 35 seats approved for outside - and the shop is 111 m2 and has a kitchen with a cool room and exhaust. Purchased in 2021 and the cafe was closed for 8 months due to the Corona Virus mandates and is ready to re open now in 2022.- This is currently not a going concern and GST may be payable and extra to the selling price however it can be claimed back on your first lodged bas statement.

Summary

  • Features: Business Park location with corporate clients linked to the educational, and research functions of UWS- Building is occupied by office workers, Home loan, Ambulance and Medical tenants - Long lease - 5 days - Captive market of customers and the only cafes on Campus in the corporate park - Open 50 weeks per year
  • Potential: Very suitable for an owner operator or couple - Opportunities to do catering, functions and online sales - Add more signage
  • Premises: This business has a captive market of customers with an area of 34 sq. mtrs. plus large seating area. Tafe is under construction nearby.
  • Trading Hours: 5 days - Mon. - Fri. - 8 a.m. till 3 p.m.( Currently closed till May, 2022. )
  • Lease: Current leases commenced March 2021 - Expires March 2026 + 5 year option - 4% increases - 3 month bond & second location approx 300m away with same lease and rent $476 p.w.ex gst and a bond of $5,000
  • Employees:
  • Sale Reason: Unexpected Family commitments
  • Comments: Franchise fee of 7% - and 2% marketing fee - Training costs are extra and can be discussed at a meeting with the Franchisor - Open 50 weeks per year. -Tafe under construction nearby and lots of tradies - On offer is two cafes in a great location -
    Potential plus - no rent on Cafe 1 - Ideal for a hands on operator or couple - WIWO (walk in walk out) and not selling on figures. This is an amazing opportunity with 2 cafes on the market for the price of 1 -Currently closed till May 2022 - This is a walk in walk out opportunity due to unforeseen circumstances -
    Please contact your broker for more details and inspections are recommended

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 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

Rent (ex GST)

$100

Price

$45,000

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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.