North West Sydney
NSW
$390,000
Franchise - Cafe - Takeaway - Under ManagementPrice: $125,000Net Profit: $2,880 |
Visit this listing at https://www.sbx.com.au/business?id=SFD1035 |
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Business Code: SFD1035 Key Features: Franchise - Donut King - Cafe - URGENT SALE- Under Management - Nett $2,880p.w 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 North of Newcastle DescriptionCafe - 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
Weekly SummaryWeekly Takings (inc GST)$11,500Cost of Goods$3,200Gross Profit$8,300Rent$1,350Wages$2,500Outgoings$55Telephone$20Insurance$80Electricity$215Misc1$1,150Misc2$50Coffee Kilos P/W14Total Expenses$5,420Estimated Stock (Additional)$5,000Net Profit$2,880Price$125,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Franchise - Cafe - Takeaway - Under Management
Business Code: SFD1035
Price: $125,000
+ Estimated SAV $5,000
Key Features: Franchise - Donut King - Cafe - URGENT SALE- Under Management - Nett $2,880p.w
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 North of Newcastle
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
$125,000
+ 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.
