Foyer Cafe - Espresso - Franchise - Under Management - Takeaway - SFD1069

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$249,000

Description

Cafe - Foyer - Takeaway - Franchise - Leading family owned franchise cafe with over 40 stores nationally since 2012 - Selling approx. 30 kg coffee as well as full breakfast and lunch, sandwiches, burgers, salads, cakes, freshly baked muffins and snacks - Full kitchen plus cool room - 60 seats inside. This store also has SolBowl brand included.

Potential

Suit an owner operator or couple - Obtain a liquor license and there is already a bar area set up (STA) - This is a strong business that is still growing and sales increasing .- Expand catering and functions

Features

Very long lease - Beautifully renovated - No competition - Target market of customers - High foot traffic - No Rubbish removal costs - Nothing to spend.

Premises

Street level corner cafe with an excellent modern fit out and an area of 200m2 plus a large seating area.

Location

Foyer franchise cafe with a prime corner location in a busy legal building surrounded by hotels, offices and retail in the heart of the Melbourne CBD legal precinct.

Trading Hours

7 days, Monday to Friday: 7 am to 3 pm. plus Saturday & Sunday: 7 am to 1 pm

Lease

Current lease expires Feb. 2028 + 5 + 5 year options - CPI yearly increases - 3 month bond

Employees

1 Manager + 1 full time Barista + 3 part timers + 3-4 casuals

Comments

Misc. - 1 - A Franchise fee 7% and 2% marketing fee - Misc.-2- Other general expenses - The 3 group coffee machine and grinders are owned by the coffee company.

SBX ID

SFD1069

Figures
  • Takings: $20000/week (GST)
  • Cost of Goods: $6000
  • Gross Profit: $14000
  • Rent: $1538
  • Wages: $6000
  • Outgoings: $385
  • Telephone: $20
  • Insurance: $100
  • Electricity: $350
  • Gas: $40
  • Misc 1: $1800
  • Misc2: $400
  • Total Expenses: $10615
  • Nett Profit: $3385
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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