For Sale $178,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $178,000

Business Details

Franchise - Cafe - Cakes - Takeaway - Michels Patisserie - East

\nFranchise - Cafe - Cakes - Takeaway - Michels Patisserie - East - Agent SBX Code Number: SF1030

Franchise Michels Patisserie cafe - Takeaway selling house roasted coffee, a variety of teas, hot chocolate, milkshakes and smoothies. - Well known for their excellent selection of pastries and cakes, also provides pies, quiches, sausage rolls with sandwiches, toasties prepared from a dedicated sandwich bar. - Shop has very good hot and cold display cabinets - Also sells birthday cakes. - No cooking. - Shopping centre seating

Potential
Would suit owner operator or couple

Features
Popular franchise - Good position - Strong Franchise brand with over 300 stores - High foot traffic - Profitable - Easy to run

Premises
Well positioned in food area with an area of 40 sq. mts. with 20 sq. mtr store room.

Location
Situated in a busy shopping centre in the Eastern Suburbs below residential units.

Trading Hours
7 days - Shopping centre hours

Lease
March 2017 - March 2022, 4% Increases, 3 Month Bond

Employees
1 Owner - 1 full timer + 2 casuals

Comments
Misc. 1 - Franchise fees - 7% sales and 3% marketing.-Misc 2 - Other general expenses . - Recently renovated shopping centre with a large new major retailer and many other retail shops. Suitable for immigration purposes - A $25,000 New Franchise agreement is payable. There is a new lease commenced March 2017 To Complete the refurbishment an approx $50K will need to be paid by the purchaser for renovation/upgrade - This has been taken into account with the listed selling price - A must to inspect but please be discreet

Figures
Weekly Sales $15500
Rent (ex GST) $1770
Wages $1800
Profit $4260

Agent SBX Code Number: SF1030 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $6040
  • Business Selling Price: $178000
  • Trading Hours: 7 days - Shopping centre hours
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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