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Cafe - Foyer - Franchise - Under Management - Long lease

Listing Id : 231352

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 528,000

Business description

Cafe - Foyer - Franchise - Under Management - Western Suburbs - Agent SBX Code Number: M1977 Cafe franchise serving own brand freshly roasted blended coffee, tasty sourdough sandwiches, European style tapas & American style burgers and cakes, pies etc.- It offers sophisticated menu for breakfast and lunch. - Strong coffee sales of 50 kgs. weekly. - Full kitchen. - 100 seats inside. - Main customers come from government departments officers, university teachers, staff and students. Potential A motivated owner operator could easily grow this young business with expected takings to reach $25000 p.w. in the near future. - New government office buildings being built next door will bring more and more customers. - Could put 50 seats outdoors. Features Perfect location. - Brand new and great looking shop. - Franchise training and ongoing support. - Fully under management. - 15 years long lease Premises Modern designed large cafe with an area 170 m2. Location Great location in new office high rise building in West Sydney business centre. Trading Hours 5 days - 630 a.m. - 6 p.m. Lease 10 year lease + 5 years option commenced March, 2017 - 3% increases - 3 months bond. - Lessor agrees to give one month rent free a year for period of 3 years commencing 2019 Employees One Manager + 4 fulltimers + 1 parttimer Comments This is new innovation and development of multi store cafe franchise launching In Sydney. - It has own coffee roast workshop which will delver coffee and excellent branding / package to franchise stores. - Low franchise fee which is fixed at $800 p.w. and offers comprehensive training and ongoing support. - A life style business offering a good opportunity for investor and owner operator alike. - Vendor finance available. Figures Weekly Sales $21000 Rent (ex GST) $3490 Wages $4900 Profit $5090 Agent SBX Code Number: M1977 - SBX Business Brokers


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