SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
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Cafe - Under Management - Takeaway - University - Franchise - Busy location

Listing Id : 249193

Location : New South Wales

Category : Cafe and Coffee Shop

Asking Price : 248,000

Business description

Cafe - Under Management - Takeaway - University - Franchise - Newcastle area - Agent SBX Code Number: F3247SF Cafe - takeaway selling hot and cold food including beverages, coffee, sandwiches, wraps, pastries, cakes, hot foods such as pasta, steak and chips, fish and chips, parmigana and chips. - Permitted use is not exclusive. - Cannot sell some products as juice bar adjacent. - Food court seating available.Profit is based on 2 owners working with 3 casuals -Currently run under full management. Potential Increase sales by local marketing and through social media for example instagram and facebook. - Staff training. Features Captive market. - Semester operation. -Walk through traffic. - Simple food menu. - Long lease. Premises This business has a full kitchen, gas, exhaust and grease trap with as new fitout. Location Great location inside university in a small foodcourt in Newcastle area. Trading Hours 5 days - Mon. to Fri. - 8 a.m. - to 6 p.m. during university semesters. Lease Current lease expires 17th January, 2**** **** + 2 year option -$14,000 bond Employees Profit is based on 2 owners working with 3 casuals -Currently run under full management. Comments Misc 1 - 5% Franchise Fee and 2% Marketing - Misc 2 Other general expenses and GST- The vendor owns the coffee machine and grinder. Vendor finance may be available - Figures Weekly Sales $15**** **** Rent (ex GST) $942 Wages $2566 Profit $4137 Agent SBX Code Number: F3247SF - SBX Business Brokers


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