Cafe – Takeaway – Coffee & Bubble Tea

For Sale

·
South Sydney

Business Code: SM1509

$150,000
Key Features: Children's playground just outside the food court. - Large apartment block already occupied with residents continually moving in.
State: NSW
Suburb: Woolooware
Location: One of the best locations in a South Sydney local shopping centre food court.
Premises: Brand new fit out with an area of 40 square meters.

Focus on other business.

Sale Reason

2024

Established

One free parking space for vendor.

Parking

1 owner + 2 staff.

Employees

7 days - 9 am to 8 pm.. Currently 9.30 am to 5.30 pm.

Trading Hours

5 years lease commenced 7th February 2024. - 4% annual increase. - 3 months Bank guarantee.

Lease

Cafe – takeaway selling bubble tea, coffee, juices, smoothies and all soft drinks etc. – No bubble tea competition in the shopping centre. – 100 seat foodcourt

Features

Children's playground just outside the food court. - Large apartment block already occupied with residents continually moving in.

Potential

Business is good for a family or partnership. Do more promotions and create VIP Card.

Comments

This is franchise business with no franchisee fee. Most ingredients are supplied from franchiser. Business is for sale with no figures but the fit out cost was over $380,000. The new shopping Centre with major supermarket and fruit market chain is busy every day. Business has another 11 sq. mts. storage.

Weekly Summary

Figures include GST unless stated otherwise

Rent
$1688
Wages
$1190
Price
$150,000
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