Franchise - Cafe - Espresso Bar - Under Management - M2208

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$280,000

Description

Franchise cafe serving their own brand of freshly roasted blended coffee, frappe (with or no espresso ) and iced drinks ( with or no espresso ), freshly squeezed juice and smoothies & milkshakes and offering delicious all day breakfast including avocado toast, egg benny, chicken schnitzel with chips and a selection of tasty legendary burgers etc. Strong coffee sales average 35-40 kgs p.w. .Brand new concept store with state of art fit out and fixtures, custom made comfortable timber table and chairs, seats up to 65. Established in May 2023 and cost close to $380k.

Potential

Great potential for an active owner operator to save on wages ( in particular shop Manager's wage of $1850 p.w. ) and boost sales and increase profit

Features

Top location. Excellent fitout. Strong and growing business. Low franchise fee. Easy menu and operation. Under management. Huge potential to grow for a motivated owner operator.

Premises

Modern designed and newly set up cafe with an area of approx. 90 sq.mts including exclusive seating area plus approx. 20 sq.mts store room on same level.

Location

Kiosk location in shopping centre surrounded by high fashion stores in West Sydney suburb.

Trading Hours

7 days - 8 am to 5 pm.

Lease

7 years lease commenced May 2023. 3.5% annual increases. 3 months bond.

Employees

Fully under Management- 1 Manager, + 1 chef + 5 casuals.

Comments

The rent includes all outgoings and electricity. - Misc.- 1-$600 p.w. Refers to fixed franchise royalty fee. The Manager wage of $1850 has been removed and added to the net profit as for an owner operator. One of Sydney's favoured speciality coffee chain businesses. The selling price is turn key including all initial franchise fees and two weeks training, no experience requried other than a passion for coffee. A must to inspect.

SBX ID

M2208

Figures
  • Takings: $16000/week (GST)
  • Cost of Goods: $4500
  • Gross Profit: $11500
  • Rent: $3248
  • Wages: $3100
  • Telephone: $20
  • Insurance: $72
  • Misc 1: $600
  • Total Expenses: $7040
  • Nett Profit: $4460
  • Estimated Stock (Additional): $4000
  • All other values ex GST
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