SBX Business Brokers Phone : 02 9439 ****

Cafe - Cakes - Takeaway - Franchise - Upper Nth Shore Nsw - Popular franchise - Profit $1,570 pw - Michels Patisserie

Listing Id : 198345

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 68,000

Business description

Cafe - Cakes - Takeaway - Franchise - North West Sydney - Agent SBX Code Number: F3161 Cafe - takeaway franchise selling 23 - 25 kgs. coffee p.w., hot and cold drinks, small cakes, macaroons, pies and other pastries. - Also sells large cakes for any occasion . - No cooking. - Open plan with a large display cabinet for cakes. - The franchise fee is 7% and 3% marketing fee. - The vendor owns all the cafe equipment including a new freezer. - Only cake shop in the local area and other nearby surrounding suburbs. - 28 seats inside. Potential New apartment buildings being built nearby will bring more customers. - Potential to do catering in the local area. - Would suit husband and wife and save on wages as currently mainly under management. Features Corner shop. - Long lease. - No heavy cooking. - Loyal clientele Premises Open plan seating with huge display cabinet and an area of 50 sq. mts. Location Situated in busy major shopping centre opposite large supermarket / liquor retailer. Trading Hours 7 days - Mon. - Sun. - 6.30 a.m. - 6.00 p.m. Lease Current lease expires 2**** **** + option for 5 years. - 4% annual rental increases - $25000 rental bond. Employees One part time owners wife working minimal hours + 4 part timers + 2 casuals. Comments Major franchise chain established since 1988 with over 300 stores across Aust. N.Z. and Indonesia. - Selling at less than fitout cost. - There is a fee payable of approx. $14,000 to train two people over a five week period. - Miscell. 1 franchise fee. Figures Weekly Sales $11000 Rent (ex GST) $1720 Wages $2500 Profit $1570 Agent SBX Code Number: F3161 - SBX Business Brokers


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