SBX Business Brokers Phone : 02 9439 ****

Cafe - Takeaway - Bakery - Franchise - Under Management - Cafe - Bakery - Franchise - Lower North Shore Area - Sales $32,690 p.w.

Listing Id : 266167

Location : New South Wales

Category : Bakery

Asking Price : 750,000

Business description

Cafe - Takeaway - Bakery - Franchise - Under Management - Lower North Shore - Agent SBX Code Number: FQ1128 Cafe - franchise serving over 50 varieties of pastries / bread baked fresh daily, delectable cakes crafted by award-winning master chefs, refreshing teas, smooth and rich tasting coffee. - All ingredients delivered from franchise central kitchen. - Famous Asian franchise founded in 20**** **** , with more than 1000 stores worldwide. - Fully under management. - The owner does not work in the business. - A similar new franchise store will cost approx. $800K.- Full training by franchisor. Potential Minimal catering and can expand the catering business significantly - currentlynot using online ordering websites. - Can partner with UberEats, Menulog, Groupon etc - No store marketing. Features Great location. - Modern design. - Established brand name - Franchise ongoing support. - Full training available. - Huge growth opportunity. - Fully under management. - Easy to operate - No experience necessary. Premises Modern premises of 300 sq.mts. which meets franchise standards. Location Situated on busy street near a major shopping centre in Lower North Shore Trading Hours 7 days - Mon. - Sun. - 730 a.m.- 930 p.m. Lease Current lease expires December. 2**** **** + 5 years option. -Franchisor holds the head-lease. Employees 5 fulltimers + up to 5 casuals Comments Turnover is conservatively $1.7m per year (does not include catering sales of $150K per year). - Cakes, pastries and beverage revenue ratio is approx 30 / **** **** / 15 respectively. - Well known international brand with great growing potential - All inspections must be through a broker. - Franchise Agreement expires Jan.2**** **** with option to renew.- Misc.- 1 - refers to franchise fees $350. - Misc.- 2 - refers to Eftpos merchant facility fees $115 pw + other miscell. $100 pw. Figures Weekly Sales $32690 Rent (ex GST) $6150 Wages $7300 Profit $6405 Agent SBX Code Number: FQ1128 - SBX Business Brokers


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