SBX Business Brokers Phone : 02 9439 ****

Franchise - Cafe - Restaurant. - Top business

Listing Id : 252966

Location : New South Wales - Baulkham Hills

Category : Cafe and Coffee Shop

Asking Price : 1,295,000

Business description

Franchise - Cafe - Restaurant. - North West Sydney - Agent SBX Code Number: FS11**** **** Cafe franchise selling around 50 kgs. coffee p.w., 8 kgs. hot chocolate, cold drinks etc.-Also serves breakfast & light meals, snacks, and cakes. - Simple but elegant dinner offering of seafood, steaks, burgers ,etc. - Licensed to open 7 days and nights - **** **** seats inside - 60 seats outside. Potential This business has been under full management for last 4 years.- An owner operation could greatly increase sales and reduce wages & expenses.- Could promote catering to surrounding businesses. Features Stunning franchise business - High turnover - No competition - Long lease and good rent - Good support and training from franchisor - Top class fit-out. - Under management. Premises This business has an area of 175 sq. mts. Location Situated in a busy business park close to railway train station in North West Sydney. Trading Hours 7 days.- Mon.- Sun.- 700 a.m.-1000 p.m. Lease Current lease will expire on April, 2**** **** + 5 + 5 years option.- 3.5 % rent increases .- one month bond required. Employees 2 fulltimers + 32 casuals. Comments Misc.-1-Franchise fee 9% - One of the top sales among 300 franchisees in Australia.- Rare opportunity with no competition and good lease terms.- Current catering figures not included in weekly sales. - Managers wages have been removed and added to net profit to show owner operation.- Good potential to reach $50k weekly turnover when new railway train station and big residential site complete next year.- vendor has done a rental valuation report around that area with great chance the rent will decrease on July, 2019. Figures Weekly Sales $42000 Rent (ex GST) $2935 Wages $10000 Profit $10680 Agent SBX Code Number: FS11**** **** - SBX Business Brokers

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