Business Code:
Franchisor sale to expand new store.
Sale Reason
May 2023
Established
Centre parking
Parking
Fully under Management- 1 Manager, + 1 chef + 5 casuals.
Employees
7 days - 8 am to 5 pm.
Trading Hours
7 years lease commenced May 2023. 3.5% annual increases. 3 months bond.
Lease
Franchise cafe serving their own brand of freshly roasted blended coffee, frappe (with or no espresso ) and iced drinks ( with or no espresso ), freshly squeezed juice and smoothies & milkshakes and offering delicious all day breakfast including avocado toast, egg benny, chicken schnitzel with chips and a selection of tasty legendary burgers etc. Strong coffee sales average 35-40 kgs p.w. .Brand new concept store with state of art fit out and fixtures, custom made comfortable timber table and chairs, seats up to 65. Established in May 2023 and cost close to $380k.
Features
Top location. Excellent fitout. Strong and growing business. Low franchise fee. Easy menu and operation. Under management. Huge potential to grow for a motivated owner operator.
Potential
Great potential for an active owner operator to save on wages ( in particular shop Manager's wage of $1850 p.w. ) and boost sales and increase profit
Comments
The rent includes all outgoings and electricity. - Misc.- 1-$600 p.w. Refers to fixed franchise royalty fee. The Manager wage of $1850 has been removed and added to the net profit as for an owner operator. One of Sydney's favoured speciality coffee chain businesses. The selling price is turn key including all initial franchise fees and two weeks training, no experience requried other than a passion for coffee. A must to inspect.
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