Franchise - Cafe

Business Code: T2804


Key Features: Great business

State: NSW

Suburb: Sydney

Location: Situated in entertainment and office precinct in Sydney CBD.

Description

Cafe franchise selling French baguettes, 80-90 kgs. coffee p.w. - Full kitchen selling a range of cafe style food. - Licensed to open 7 days and nights. - Large range of patisseries together with the baguettes baked fresh on the premises daily. - Franchisor delivers fresh dough and other bakery items every day. - Amazing presentation 2 separate shops creating a very exotic feel with cost well over $1million. - Licenced - 100 seats inside - 50 seats outside.

Summary

  • Features: Stunning franchise business. - Amazing presentation. - Huge sales and profit. - One of the best fitouts in Sydney. - Low rent and long lease. - Servicing 2 huge office towers together with a massive entertainment and tourist area.

  • Potential: This business has been running under management for the last 5 years. An owner operator could improve sales and profitability. Still in the growth stage with potential to grow. - Also very close to international convention centre.

  • Premises: 2 separate shops totaling 200 sq.mts.

  • Trading Hours: 7 days - 7 a.m. - 12 p.m.

  • Lease: Current lease expires October, 2021 - 3 month bond - 4% increases per annum.

  • Employees: 1 manager + 25 staff

  • Comments: Due to interstate expansion this Company owned store is now available for sale. This is one of the most profitable franchise cafes in Sydney. - Miscell.- 1 - Franchise fee is 4% of sales. - Miscell. 2 - Balance of costs.

Weekly Summary

Weekly Takings
(inc GST)

$55,000

Cost of Goods

$15,400

Gross Profit

$39,600

Rent

$6,900

Wages

$15,000

Misc1

$2,200

Misc2

$3,000

Total Expenses

$27,100

Estimated Stock (Additional)

$15,000

Equipment (Included)

$550,000

Net Profit

$12,500

Price

$1,400,000

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