For Sale $718,000
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 $718,000

Business Details

Cafe - Franchise - Takeaway - Western Suburbs

\nCafe - Franchise - Takeaway - Western Suburbs - Agent SBX Code Number: SF1222

Cafe- takeaway franchise selling a large variety of hot beverages, plus a wide selection of chocolates. - Also offering a good variety of hot chocolate, iced coffee, cold drinks, fondues, waffles, churros, crepes, ice cream, light snacks and sandwiches. - Coffee sales 35 kg. p.w. and 80 kg p.w. chocolate drinks - No heavy cooking. - 20 seats outside 50 seats inside.

Potential
An owner operator could save on wages and increase sales and profit - Continue to grow the business.

Features
Great location - Brilliant fit out - Nothing to spend - Popular with locals - Long lease - Great coffee and chocolate - Plenty of foot traffic.

Premises
Beautifully presented cafe with outdoor seating area near a popular gym and large supermarket with an area of 104 sq. mts.

Location
Situated in a busy shopping centre with over 400 apartments on top close to train station and surrounded by residential and commercial in Western suburbs.

Trading Hours
7 days - Mon. -Fri. - 7 a.m. - 12 a.m. - Sat. - Sun. - 8 a.m. - 12 a.m.

Lease
Current lease expires May, 2022, - 5% increases - 3 months bond

Employees
1 Manager + 2 full timers + 3 part-timers + 6 casuals

Comments
Misc 1- Franchise Fees. - Misc 2 - Other general expenses. - Franchise Fees 4.5% and 2% marketing. Strong evening trade 7 pm till 10 pm. Currently run under management. - The managers wage has been removed and shown in profit. - Original fit out cost over $300k with quality inclusions. - Outgoings are included in rent. This business has loads of potential and would also be suitable for a single operator or a couple- A must to inspect but please be discreet.

Figures
Weekly Sales $20050
Rent (ex GST) $1908
Wages $4100
Profit $6095

Agent SBX Code Number: SF1222 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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Enquire

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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