Foyer Cafe - Espresso

Business Code: T2944


Key Features: 20% share of business

State: QLD

Location: Situated on street level under 34 storey commercial tower with 2 street entrances in prime CBD location.

Description

Cafe - Espresso Bars (2 separate locations) one with full kitchen - Both bars are doing a total of approx. 110 kgs. coffee p.w.- Both state of the art fitout, outstanding design and quality inclusions. - In the main espresso bar full cooked breakfast and great cafe style hot food is served with premade and made to order sandwiches and a range of patisseries. - In the other espresso bar there is no cooking with all food made in the other kitchen. - 35 seats inside - 65 seats outside - Licenced.

Summary

  • Features: Over 110 kgs. coffee p.w. - Profitable - Long lease of over 13 years still available - Two separate espresso bars - Low rent -Outstanding quality - Huge commercial building with 20 % stil vacant - Enormous growth potential.

  • Potential: Huge office catering, private functions, and parties. - Business still growing with building 80% full - Will be fully leased within 3-6 months. - Potential to reach $60,000 per week..

  • Premises: Two separate espresso bars with indoor / outdoor seating and combined area of approx. 250 sq.mts.

  • Trading Hours: 5 days - Mon. - Fri. - 6 a.m.- 5 p.m.

  • Lease: 10 + 5 year lease expires July, 2031 - 6 month bond - 4% annual increases.

  • Employees: 1 owner (Manager) + 1 owner (Barista) + 1 owner (chef) + 15 casuals.

  • Comments: This price will purchase 20% of the shares in the company that owns both businesses. - Also available is a Directorship and a working position within the businesses. - Owner Manager has 40% shares, chef has 20% shares and barista has 20%. -

Weekly Summary

Weekly Takings
(inc GST)

$50,000

Cost of Goods

$16,500

Gross Profit

$33,500

Rent

$4,500

Wages

$16,500

Misc1

$7,500

Coffee Kilos P/W

110

Total Expenses

$26,000

Estimated Stock (Additional)

$20,000

Net Profit

$5,000

Price

$119,000

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