SBX Business Brokers Phone : 02 9439 ****

Cafe - Takeaway - Bakery - Franchise - Under Management - Franchise Cafe - Bakery - Southern Sydney Area - Sales $38,460 p.w

Listing Id : 266177

Location : New South Wales

Category : Bakery

Asking Price : 780,000

Business description

Cafe - Takeaway - Bakery - Franchise - Under Management - South Sydney - Agent SBX Code Number: FQ1130 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, other beverages etc. - All ingredients delivered from franchise central kitchen. - Famous Asian franchise founded in 20**** **** , with more than 1000 stores worldwide. - The owner does not work in the business. - A similar new franchise store will cost approx. $800K. - Premises can be sub-leased for up to $5k p.w. revenue. Potential Can sub-lease premises to reduce rent & improve earnings - Minimal catering, can expand the catering business significantly - Can partner with UberEats, Menulog etc - Currently no store marketing. Features Great location. - Modern design. - Established brand name - Franchise ongoing support. - Full training available by franchisor - Huge growth opportunity. - Fully under management. - Easy to operate - No experience necessary. Premises Modern premises on 2 levels with ground floor of 350 sq.mts. and 1st. floor of 250 sq.mts (office only) Location Situated on busy street near a major shopping centre in South Sydney area. Trading Hours 7 days - Mon. - Sun. - 730 a.m.- 930 p.m. Lease Current lease expires Jan. 2**** **** . - Franchisor holds the head-lease. - Franchise Agreement is for the same term. Employees 11 / 15 casuals where required. Comments Turnover is conservatively $2m per year excluding weekend alfresco sales of $170K per year. - Cakes, pastries and beverage revenue ratio is approx 40 / 40 / 20 respectively. - Well known international brand with great growing potential - All inspections must be through a broker. - First floor was previously sub-leased for $2k per wk revenue. - Ground floor occupies two (2) retail lots and one of the retail lots can be subleased for $3k per wk revenue, thereby increasing net profit by up to $5k pw. - Misc.- 1 - refers to franchise fees. - Misc.- 2 - refers to Eftpos merchant facility fees ($140) + other miscell. ($100). Figures Weekly Sales $38460 Rent (ex GST) $7500 Wages $7000 Profit $6180 Agent SBX Code Number: FQ1130 - SBX Business Brokers


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