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Espresso - University Foyer Cafe - Franchise - Under Management - Free rent

Listing Id : 174468

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 118,000

Business description

Espresso - University Foyer Cafe - Franchise - Under Management - Western Suburbs - Agent SBX Code Number: SF1310 Foyer cafe in university - franchise - espresso bar - kiosk - Selling coffee as well as sandwiches, cakes, pastries and cold drinks. - Innovative concept of ready to go products which are delivered fresh to the store daily - No cooking - No rent. - Modern and well set up shop with good systems in place - catering is included in sales with lots of potential to increase. - 34 seats inside + 20 seats approved for outside- No rent payable until sales reach over $7,000 per week. Potential Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple - Open more hours - Huge catering opportunities - Do some marketing and advertising. - Features Quality modern fit out - Building is occupied by office workers - Long lease - Easy to run - No cooking - 5 days. - No rent Premises This business has an area of 34 sq. mtrs. plus large seating area. Location Situated in the foyer office building which is part of a major university in the Western Suburbs targeting students and office workers. Trading Hours 5 days - Mon. - Fri. - 8 a.m. till 3 p.m. Lease Current lease commenced March,2016 - Expires March 2**** **** % increases - 3 month bond Employees 1 Manager + 1 casual Comments Misc. -1 - Franchise fee fixed at $220 p.w. incl.g.s.t. and 2% marketing fee - Misc.- 2 - Other general expenses and gst - No outgoings and no rent - The coffee and packaging is purchased at reasonable prices. -Well located inside a major university in the Western Suburbs.-Managers wage of $1200 has been removed and shown in net profit as for an owner operator. - Very up to date marketing and excellent branding. - Finance may be available to accepted buyers. Figures Weekly Sales $4500 Rent (ex GST) $0 Wages $800 Profit $1490 Agent SBX Code Number: SF1310 - SBX Business Brokers


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