Cafe - Takeaway - Franchise - Under Management

Business Code: SFD1010A


Key Features: Popular franchise

State: NSW

Suburb: Mortdale, 2223

Location: Street front location very close to train station on busy main road retail strip in Southern suburbs.

Description

Cafe franchise selling 30 kgs. of coffee, cakes and snacks. - Simple menu including muffins, banana bread, quiches, melts, cakes. - minimal cooking. - Full kitchen available with cooking equipment to allow hot breakfast and lunch menu. - Shop has been recently upgraded to new franchise branding and standard - Nothing to spend - 18 seats inside - 8 seats outside

Summary

  • Features: Great location - Low rent. - Very Long lease - Large loyal clientelle - Great franchise support. - Easy to run.

  • Potential: Profit could be increased with 1 or 2 owners working full time - Increase business hours.

  • Premises: This business has an area of 80 sq.mts. and is a newly renovated shop with nothing to spend.

  • Trading Hours: 7 days - Mon. - Fri. - 6 a.m. to 5 p.m. - Sat. - 7 a.m. to 5 p.m. - Sun. - 8 a.m. to 4 p.m.

  • Lease: Current lease expires 28 Febuary 2025 + 7 + 7 year option - 3 month bond - Annual 3% rent increases.

  • Employees: 1 Manager + 5 casuals

  • Comments: Full support from franchisor - Misc.- 1 - 6% franchise fees and 2% marketing fees - Currently under management however the Manager's wage of $1000 has been removed from wages and added to the nett profit as if for an owner operator. - This business is suitable for owner operator - A must to inspect but please be discreet. - Good opportunity for someone looking to break into business with well known franchise with low cost entry point.

Weekly Summary

Weekly Takings
(inc GST)

$6,900

Cost of Goods

$1,800

Gross Profit

$5,100

Rent

$750

Wages

$1,110

Outgoings

$150

Telephone

$20

Insurance

$50

Electricity

$65

Misc1

$552

Total Expenses

$2,697

Estimated Stock (Additional)

$3,000

Net Profit

$2,403

Price

$148,000

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