Foyer Cafe – Franchise

For Sale

·
Western Sydney

Business Code: M2215

$720,000.00
+ Estimated Stock (SAV) $8000
Key Features: Busy top location. Welcoming and relaxing atmosphere. High takings and profit. Franchise ongoing support. Low franchise fees. Long lease. Growing business.
State: NSW
Suburb: Parramatta
Location: Fantastic location in foyer of University building in Western Sydney business centre.
Premises: Modern designed and pleasant looking large cafe with an area of approx. 170 m2.
Price not disclosed

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Family reasons

Sale Reason

2017

Established

Street parking

Parking

One owner + 2 full timers + 7 casuals

Employees

6 days - Monday to Friday: 6:30 am to 6:30 pm. Saturday 8:30 am to 4:00 pm.

Trading Hours

10 years lease + 5 years option commenced March 2017. 3% annual increases. 3 months bond.

Lease

Franchise cafe serving own brand of freshly roasted blended coffee, tasty avocado toast, eggs benedict, burgers, fish and chips and freshly made sandwiches and salads etc. It offers a sophisticated menu for breakfast, brunch and lunch. strong coffee sales of 40 kgs per week. Full kitchen. 80 comfortable seats inside. Main customers come from government departments offices, major bank staff, university teachers and students. -Licensed. New coffee machine installed.

Features

Busy top location. Welcoming and relaxing atmosphere. High takings and profit. Franchise ongoing support. Low franchise fees. Long lease. Growing business.

Potential

New and still developing large business square will bring more and more customers. Promote marketing. Add catering to business and home delivery. Could open dinner. Could place 50 seats outdoor. Expected takings could reach $35,000-$40,000 p.w. in the near future.

Comments

The rent includes all outgoings and water and rubbish removal. Misc .-1- Refers to fixed franchise fee $800 plus GST. Misc.- 2-bank fees. One of Sydney's well known favoured speciality coffee chain business. A life style business offering a good investment opportunity. Inspection is highly recommended.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$29000
Cost of Goods
$8700
Gross Profit
$20300
Rent
$4355
Wages
$6000
Telephone
$20
Insurance
$80
Electricity
$340
Misc 1
$880
Misc 2
$250
Total Expenses
$12015
Estimated Stock
(Additional)
$8000
Net Profit
$8285
Price
$720,000.00
+ Estimated Stock (SAV) $8000

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