Visit this listing at https://www.sbx.com.au/business?id=SFD1035

Business Code: SFD1035

Key Features: Franchise - Cafe - Urgent sale - Under Management - Nett $2,880 per wk

State: NSW

Suburb: Singleton, 2330

Location: Absolute prime location directly in front of the main entrance of major shopping mall surrounded by shops in the Upper Hunter area.

Description

Cafe - takeaway selling 14 kgs. coffee p.w., donuts, milk shakes, hot dogs, sandwiches, ice cream, ice coffee and drinks - 35 seats - This business has a solid customer base supplemented with constant tourist trade -

Summary

  • Features: Great location - Easy to operate - Comprehensive training provided - Well established customer base.
  • Potential: Well known brand with retail presence - Good for owner operator - Full time owners will save on wages and increase profit.
  • Premises: Well maintained spacious kiosk with an area of 24 sq.mts., 35 seats plus store room.
  • Trading Hours: 7 days - Mon. - Fri. - 8.30 a.m. - 5.30 p.m. - Sat. - 8.30 a.m. - 4.30 p.m. - Sun. - 8.30 a.m. - 3.30 p.m.
  • Lease: Current lease expires May, 2025 + 5% rent increase per annum + 3 months bond
  • Employees: 1 full timer + 9 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$11,500

Cost of Goods

$3,200

Gross Profit

$8,300

Rent

$1,350

Wages

$2,500

Outgoings

$55

Telephone

$20

Insurance

$80

Electricity

$215

Misc1

$1,150

Misc2

$50

Coffee Kilos P/W

14

Total Expenses

$5,420

Estimated Stock (Additional)

$5,000

Net Profit

$2,880

Price

$148,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Franchise - Cafe - Takeaway - Under Management

Business Code: SFD1035
Price: $148,000
+ Estimated SAV $5,000

Key Features: Franchise - Cafe - Urgent sale - Under Management - Nett $2,880 per wk

State: NSW

Suburb: Singleton, 2330

Location: Absolute prime location directly in front of the main entrance of major shopping mall surrounded by shops in the Upper Hunter area.

Description

Cafe - takeaway selling 14 kgs. coffee p.w., donuts, milk shakes, hot dogs, sandwiches, ice cream, ice coffee and drinks - 35 seats - This business has a solid customer base supplemented with constant tourist trade -

Summary

  • Features: Great location - Easy to operate - Comprehensive training provided - Well established customer base.
  • Potential: Well known brand with retail presence - Good for owner operator - Full time owners will save on wages and increase profit.
  • Premises: Well maintained spacious kiosk with an area of 24 sq.mts., 35 seats plus store room.
  • Trading Hours: 7 days - Mon. - Fri. - 8.30 a.m. - 5.30 p.m. - Sat. - 8.30 a.m. - 4.30 p.m. - Sun. - 8.30 a.m. - 3.30 p.m.
  • Lease: Current lease expires May, 2025 + 5% rent increase per annum + 3 months bond
  • Employees: 1 full timer + 9 casuals
  • Sale Reason: Other business interests
  • Comments: Misc.-1 - 7% franchise fee + 3 % marketing fee.- Misc.-2 - Other expenses. - Vendor pays for the training fees. Currently under management however the Manager's wage of $950 per week has been removed from wages and added to the net profit as if for an owner operator. - Good opportunity for someone looking to break into business with well known franchise with low cost entry point. - 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

$11,500

Cost of Goods

$3,200

Gross Profit

$8,300

Rent (ex GST)

$1,350

Wages

$2,500

Outgoings

$55

Telephone

$20

Insurance

$80

Electricity

$215

Misc1

$1,150

Misc2

$50

Coffee Kilos P/W

14

Total Expenses

$5,420

Estimated Stock (Additional)

$5,000

Net Profit

$2,880

Price

$148,000
+ Estimated SAV $5,000

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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.