Franchise - Cafe - Under Management - M2221

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$350,000

Description

Franchise cafe serving freshly roasted blended coffee, specialty mocha, tea, smoothies, iced coffee, hot and cold beverages, all day breakfast including avocado toast, eggs benedict, assorted sandwiches etc. Strong coffee sales average 50 kgs per week. Shop seats up to 35. Brand new store established in Dec 2023.

Potential

New store with great growing opportunity. A hand on motivated owner operator could save on wages and boost sales.

Features

Brand new store. Good location. Well known speciality coffee chain. Strong coffee sales. Low franchise fee. Easy menu and operation. Fully under management. 7 years long lease. Well priced for sale.

Premises

Kiosk style cafe with an area of approx. 70 sq.mts including exclusive seating area.

Location

Prime location in North West major shopping centre.

Trading Hours

7 days - 7:30 am to 5 pm.

Lease

7 years lease commenced December 2023. - 3.5% annual increases.- 4 months bond.

Employees

Fully under management- One Manager + 6 casuals.

Comments

Misc.-1-Refers to fixed loyalty fee $600 plus GST - One of Sydneys well known flavoured coffee chain businesses. The selling price is turn key including all initial franchise fees and two weeks training, No experience required other than a passion for coffee. Well priced to sell. A must to inspect.

SBX ID

M2221

Figures
  • Takings: $18000/week (GST)
  • Cost of Goods: $5400
  • Gross Profit: $12600
  • Rent: $2526
  • Wages: $5900
  • Telephone: $20
  • Insurance: $74
  • Electricity: $250
  • Misc 1: $600
  • Total Expenses: $9370
  • Nett Profit: $3230
  • Estimated Stock (Additional): $3500
  • All other values ex GST
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