Franchise – Cafe – Coffee -Takeaway

For Sale

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North West Sydney

Business Code: SM1482

$350,000.00
+ Estimated Stock (SAV) $5000
Key Features: Well known franchise. - Reputation built on quality food, clean premises and good service. - High standard fitout.
State: NSW
Suburb: Ryde
Location: Best location of North West Shopping Centre.
Premises: This business has an area of 150 sq. mts.appox. + 10 sq. mt. storeroom.
Price not disclosed

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Other business venture

Sale Reason

2009

Established

Shopping centre parking.

Parking

1 owner manager (works 27 hours p.w. ) + 14 casual staff.

Employees

7 days. - Monday - Saturday - 7:30 a.m. - 6 p.m. -Thurs. -9 p.m. - Sunday - 8 a.m. - 5:30 p.m.

Trading Hours

7 years lease expires 12th Oct. 2030.- 4% annual increases.- 3 months Bank guarantee.

Lease

Cafe – franchise – takeaway selling 48 kgs. coffee p.w. – all day breakfast / lunch & light meals, sandwiches, burgers and fries, toasties, cakes, salads, cold drinks & milk shakes etc. Brand new fit out 2016. Commercial Kitchen. Large and modern cafe – 104 seats. – Rent includes outgoings and storeroom. Takings shown excludes GST. All staff are well trained and very easy to operate.

Features

Well known franchise. - Reputation built on quality food, clean premises and good service. - High standard fitout.

Potential

High standard fitout. Very solid business and very profitable.- Couple / family operators would increase profit by the reduction of the current wages - Can start delivery.

Comments

Misc.-1- Franchise fee 9%.- Misc.- 2 - is na approximation of all sundry running costs like super, workers compensation, bank and merchant fees, accountancy, office supplies, repairs and general running expenses. Buyer needs to pay refurbishment cost $120k -$130k approx. as nenew lease requirement. Existing owners have owned the business for 13 years.

Weekly Summary

Figures exclude GST

Weekly Takings
$26170
Cost of Goods
$6655
Gross Profit
$19515
Rent
$4763
Wages
$6700
Insurance
$123
Electricity
$54
Misc 1
$2355
Misc 2
$2373
Total Expenses
$16368
Estimated Stock
(Additional)
$5000
Net Profit
$3147
Price
$350,000.00
+ Estimated Stock (SAV) $5000

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