Description

<p>Cafe/ Coffee shop located in large, modern and well established business park with many well-known tenants. Operating under management, the business is part of a strong franchise group, established in 2012, and with over 50 shops currently franchised. Currently selling 35 - 40kg pw of coffee and 5kg chocolate, as well as a wide range of popular breakfast choices, with lunch selections including burgers, sandwiches, wraps, pastas, salads, pastries, cakes and cold drinks, shakes and smoothies. Kitchen very well ordered and includes walk-in freezer, walk-in cool room, 20l deep fryer, 4 burner gas stove and hot plate. - 30 seats outside - 70 seats inside</p>

Potential

Suitable for owner/operator or family buyer - Great opportunity to pursue catering inquiries - Utilise pizza oven which is included and not currently operated.

Features

Under Management - Great position with strong well-known tenants - Virtually unopposed - Excellent rent and lease - Strong local support - Well known franchise - Great for family lifestyle business.

Premises

Outstanding presence with vibrant decor and comfortable seating arrangements with scenic views.

Location

Prime location in well established business park in large South Coast city.

Trading Hours

7 days - Mon. - Fri. - 7.00 a.m - 3.00 p.m. - Sat / Sun. - 8.00 a.m - 3.00 p.m.

Lease

5 year lease commenced 1 st July, 2023 + 5 years option - Increases 4% - Bond 6 months.

Employees

Manager - Front of house - 1 chef - 1 kitchen hand.

Comments

<p>Misc.- 1 - Franchise fee 7% and marketing fee 2% p.w - Misc.- 2 -General expenses - Rent includes gas, water and outgoings - Pizza oven included but not currently utilised - Buyers to pay $10,000 plus gst training fees, $7,500 plus gst legal fees and $2,500 plus gst admin fee, which are not included in price - Owner parking space available for $30 pw - 3 group coffee machine remains property of supplier - Manager's wage added back to reflect owner/operator buyer.</p>

SBX ID

CB1536