Cafe – Restaurant – Franchise

For Sale

·
Western Suburbs

Business Code: CB1524

$399,000
+ Estimated Stock (SAV) $10000
Key Features: Strong local support - Well sited to take advantage of cinema patrons - Long lease - Great al fresco dining area - Modern kitchen facilities - Very popular menu and supported by well established franchisor.
State: NSW
Suburb: Wetherill Park
Location: Ideal location in busy food court precinct in large shopping centre, close to theatre complex, in high growth Sydney West.
Premises: Attractive, vibrant and modern premises with large al fresco dining area. Kitchen well equipped with all modern facilities and an area of 90 sq. mts.
Price not disclosed

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Sale Reason

2023

Established

Shopping centre parking.

Parking

1 owner - 1 full time chef - 9 casuals.

Employees

7 days - Monday to Thursday & Sunday: 11.30 am to 9.00 pm. Friday & Saturday: 11.30 am to 9.30 pm.

Trading Hours

Current 7 year lease commenced June 2023 - Increase 5% - Bond 3 months.

Lease

Restaurant, member of a fast-growing Franchise chain, and offering a distinctive menu based on savoury Korean flavours, with an emphasis on chicken and complimented with draft beer. The business is located on the ground floor of a large shopping centre in Western suburbs of Sydney, and currently opens 7 days for lunch and nights. It is ideal for an owner-operator or family business. The menu presents a wide choice of well-priced meals including tasty appetisers, chicken meals to share, special chicken dishes, an eclectic range of burgers, pancakes, fried rice meals, noodles and stir-fried beef. Kids are well-catered for, and desserts have proven popular. Key features of the business include strong sales of $21,000. attractive franchise fees of 5% and 2% marketing and good rent with 5 years remaining on lease. No prior experience is required with full training and on-going support. An ideal business for a progressive family. An established Franchise brand with over 30 locations and high growth program. An excellent opportunity to purchase a successful franchise business at a fraction of the cost of establishing a new fit-out facility.

Features

Strong local support - Well sited to take advantage of cinema patrons - Long lease - Great al fresco dining area - Modern kitchen facilities - Very popular menu and supported by well established franchisor.

Potential

Extend hours.

Comments

Misc.- 1- Franchise fee 5% - marketing 2% - Buyer to undergo 1 week's training in Melbourne at own expense.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$21000
Cost of Goods
$5000
Gross Profit
$16000
Rent
$3500
Wages
$3250
Telephone
$40
Insurance
$150
Electricity
$500
Misc 1
$1500
Total Expenses
$9240
Estimated Stock
(Additional)
$10000
Equipment
(Included)
$175000
Net Profit
$6760
Price
$399,000
+ Estimated Stock (SAV) $10000
Price
$399,000
+ Estimated Stock (SAV) $10000

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