Cafe - Franchise - Under Full Management - F3473

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$188,988

Description

Cafe - Franchise renowned for its indulgent beverage offerings made with premium hot chocolate. Uses on average 65 kilos of hot chocolate and 40 kilos of coffee per week. Approximately 40 % of weekly sales are hot chocolate and coffee - 30% are desserts and 30 % are food. Established in Sydney in 2009, its founders aimed to deliver authentic hot chocolate-inspired desserts and drinks to customers both locally and globally. The menu includes an array of desserts like waffles, crepes, chocolate fondue, and specialty beverages and sandwiches, making it a favourite destination for dessert lovers and social gatherings. No cook or chef required. The cafe franchise brand now operates in over 50 locations across Australia, including NSW, Qld, ACT and internationally. Its success is attributed to its commitment to quality menu items, friendly service, a community-focused cafe atmosphere and a robust franchising support system. Indoor seating is 45 - 50 and outside seating is 12 -15 people total 57 to 65 depending on the configuration.

Potential

To support the local community through sponsorship. With more staff training and engaging owners with great communication skills the sales can grow organically. More online promotion of the business through social media. An enthusiastic owners genuine efforts to initially be there working in the business will reap the rewards.

Features

A franchisor striving to give a competitive edge. No cooks or chefs required. Great business opportunity for two working partners, husband and wife and family. Uses on average 65 kilos of hot chocolate and 40 kilos of coffee per week. Indoor outdoor seating. Approximately 40 % of weekly sales are hot chocolate and coffee - 30% are desserts and 30 % are food.

Premises

Purpose built premises in brilliant location with full kitchen facilities .and an area of 139 sq, mts.

Location

Well located near the main entrance to the shopping centre close to major supermarket chain in North West Sydney.

Trading Hours

7 days - Sunday to Wednesday: 7 am to 7 pm. Thursday to Saturday: 7 am to 8 pm .

Lease

Current lease commenced 25.5.2023 and expires 25.05.2028 - 4 % annual rental increases - 3 month bond or bank guarantee

Employees

Under semi management - 1 supervisor wages have been added back to the weekly profit $1250.00 pw to reflect 1 working owner in the business. Currently 1 owner works Sat. 7 a.m. to 12 p.m. & Sun. 7 a.m. to 1 p.m. & the other owner works both Sat. & Sun. 8 a.m to 3 p.m . One supervisor + 6 - 8 casuals

Comments

Weekly lease outgoings include - Storage space - Tenants contribution - Outgoings recovery. Permitted use from lease - A cafe, restaurant and chocolate shop (specializing in the sale of chocolate, coffee, tea, milkshakes, beverages, sweets, biscuits, Misc .-1- equals franchise fees - Royalties 6.5% plus gst & Marketing 1% plus gst and Misc.- 2- relates to all other expenses

SBX ID

F3473

Figures
  • Takings: $17400/week (GST)
  • Cost of Goods: $5208
  • Gross Profit: $12192
  • Rent: $2899
  • Wages: $3653
  • Outgoings: $537
  • Telephone: $50
  • Insurance: $200
  • Electricity: $461
  • Misc 1: $1305
  • Misc2: $587
  • Total Expenses: $9692
  • Nett Profit: $2500
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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