Food/Hospitality for sale
Franchise - Takeaway - Cafe - Cakes - Michels Patisserie - Central Coast
\nFranchise - Takeaway - Cafe - Cakes - Michels Patisserie - Central Coast - Agent SBX Code Number: S1732
Franchise Michels Patisserie cafe selling 40-50 kgs.coffee, hot chocolate, pastries, savoury pies, and cakes. - No cooking. - Fully refurbished in October 2009. - Approx. 50 % coffee / 50 % cakes.
Business has grown every year over the past 3 years and is still growing. Potential to increase with local marketing
Good location. Secure investment.
This business has an area of 30 sq. mts.
Situated in a busy foodcourt in the Central Coast .
7 days - Shopping centre hours
Lease expires Oct 2016 - New 5 year lease available - 4 % annual increases. - 3 month bank guarantee.New lease and franchise agreement available.
2 owners work five days a week + 16 casuals
One of the top franchise shops of the group in Australia.Training fee payable by purchaser . Franchise fee 7% plus 3 % plus marketing .Refurbishment required for new lease $50 - $60k and new franchise agreement fee of $30 - $40k has been factored into the selling price.
Weekly Sales $22000
Rent (ex GST) $2400
Agent SBX Code Number: S1732 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Takeaway Food
- Business Selling Price: $148000
- Trading Hours: 7 days - Shopping centre hours