Mentored Business Sales And Acquisitions Phone : 1800 85 ****
Jonathon Holland
0426 ****

0426 ****


Franchise Cafe, Established and Prime location – Over $20,000+ T/O PW

Listing Id : 257783

Location : New South Wales - Merrylands -Sydney

Category : Cafe and Coffee Shop, Franchise, Restaurant

Asking Price : Offer in the region of $450,000 + SAV

Business description

An established franchise cafe generating over $20k+ in weekly sales* located in a prime & developing location in Sydney's West.

Location Details
This cafe is situated in Sydney's West located within one of the main entries & exits of a shopping centre. The immediate surrounding location is being further developed with mass residential growth to be capitalised on.

Potential
Potential to capture dinner trade extending the current menu.
Residential development within the immediate surrounding area of the cafe. 
Potential to apply for a liquor license.

Hours
Sunday to Wednesday 7am to 7:30pm 
Thursday 7am to 9:00pm
Friday & Saturday, 7am to 8pm

Lease
8-year lease, expiring 2**** ****

Employees
Run under management with Store Manager in place, plus: 
11 x Casual staff (Cooks, Baristas and All-Rounders)
Owners work on average 20 hours per week each.

Reason for sale
Owners wish to own a business closer to or within the suburb closer to home.
 
About the Business
The cafe has a prime ground floor location with seating for 80+ patrons, between supermarkets and access to the cafe for shoppers from both the inside and outside of the centre. As a result, the business has excellent foot traffic and is consistently busy, with long opening hours from 7am to capture trade all day.

The current owner acquired the business in 2017 & has grown sales by around $5000 per week. On offer is to purchase an established cafe under an established franchise brand with ongoing support & training. There is huge potential due to the prime location & immediate residential developments within the surrounding area.

Key facts about this coffee shop
- Premium fit-out, seats 80+ patrons (60+ outside, 22 inside), accessible from both inside and outside centre.
- Surrounded by 200+ shops with 3,000 parking spaces.
- Affordable rent for a prime location.
- All cafe fixtures, fittings and equipment included
- Plant & equipment near-new and valued at approx. $200,000 
- Turnover over $20,000+* per week
- Net Profit averaging around 20-22%

For more information on this opportunity, please contact the undersigned:

Jonathon Holland
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions 
M:**** **** T: 1800 858 696 E: jholland@mentored.com.au

For more details complete the contact us form on this page or go to ness and complete our online confidentiality agreement. Use the reference ID 2131492 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business Categories:  Cafe, Coffee Shop, Restaurant, Food, Business For Sale, Google Reviews, Liquor , Take away , Franchise


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