Visit this listing at https://www.sbx.com.au/business?id=W1740

Business Code: W1740

Key Features: Excellent fitout - Newcastle area - Prime location in centre

State: NSW

Location: Best location in shopping centre close to Newcastle between 2 major supermarkets.

Description

Cafe - espresso bar serving 20 kgs. coffee, variety of tasty cheese cakes supplied from head office, and all day breakfast. - Lunch menu consists of creamy Tuscan chicken, pasta, garlic prawns, saute mushrooms with truffle oil, corn fritters, garlic salad, avocado toast, croissants, hot drinks, iced coffee, milk shakes etc. - 25 seats inside - 25 seats outside. - Shop fitout cost over $370,000

Summary

  • Features: Excellent shop fitout - Prime location in the shopping centre - Strong support from the Franchise head office. - Very easy to run.
  • Potential: Add more to breakfast and lunch menu. Exper - Add takeaway deliveries. - Promotion through internet media to surrounding area.
  • Premises: This business has an area of 100 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 7:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires July, 2028 - No bond - Rent increases 5% per year
  • Employees: 2 owners + 6 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,000

Cost of Goods

$2,500

Gross Profit

$7,500

Rent

$3,180

Wages

$2,600

Electricity

$200

Gas

$80

Misc1

$140

Coffee Kilos P/W

20

Total Expenses

$6,200

Estimated Stock (Additional)

$3,000

Net Profit

$1,300

Price

$119,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Espresso Bar - Franchise

Business Code: W1740
Price: $119,000

Key Features: Excellent fitout - Newcastle area - Prime location in centre

State: NSW

Location: Best location in shopping centre close to Newcastle between 2 major supermarkets.

Description

Cafe - espresso bar serving 20 kgs. coffee, variety of tasty cheese cakes supplied from head office, and all day breakfast. - Lunch menu consists of creamy Tuscan chicken, pasta, garlic prawns, saute mushrooms with truffle oil, corn fritters, garlic salad, avocado toast, croissants, hot drinks, iced coffee, milk shakes etc. - 25 seats inside - 25 seats outside. - Shop fitout cost over $370,000

Summary

  • Features: Excellent shop fitout - Prime location in the shopping centre - Strong support from the Franchise head office. - Very easy to run.
  • Potential: Add more to breakfast and lunch menu. Exper - Add takeaway deliveries. - Promotion through internet media to surrounding area.
  • Premises: This business has an area of 100 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 7:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires July, 2028 - No bond - Rent increases 5% per year
  • Employees: 2 owners + 6 parttimers
  • Sale Reason: Private reasons
  • Comments: Sales records can be provided up to March 2020. - Top urgent sale due to opening another shop .- There are 7 stores in Sydney - New owner can run this business as a franchise cafe or privately owned. - In the case of a franchise the fixed weekly fee is $300 p.w. - Motivated vendor.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$10,000

Cost of Goods

$2,500

Gross Profit

$7,500

Rent (ex GST)

$3,180

Wages

$2,600

Electricity

$200

Gas

$80

Misc1

$140

Coffee Kilos P/W

20

Total Expenses

$6,200

Estimated Stock (Additional)

$3,000

Net Profit

$1,300

Price

$119,000

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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.