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Cafe - Business Park - Foyer - Under Management - Franchise - Takeaway - Cafe - Franchise -Sales $21,000 p.w - Business Park - 5 Days - 40 kg Coffee p.w. - SF1595

Cafe - Business Park - Foyer - Under Management - Franchise - Takeaway - Cafe - Franchise -Sales $21,000 p.w - Business Park - 5 Days - 40 kg Coffee p.w. - SF1595

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Wollongong


Industry :
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Financial Details :

Revenue

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EBITDA

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About the business

Cafe - Business Park - Foyer - Under Management - Franchise - Takeaway - Wollongong Illawarra - Agent SBX Code Number: SF1595

Cafe in a busy Business Park at a University - Franchise - Espresso - Leading family owned Cafe Franchise with over 26 stores since 2012 - Currently selling 40 kgs. coffee p.w.and 5 kg chocolate as well as breakfast, sandwiches, pasta, salads, cakes, pastries and cold drinks - Full kitchen plus cool room - Fully licensed - 100 seats inside and large communal area of outside seating. - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor - Pre Covid sales where approx $30K p.w. -Sales shown are average for Feb - May 2022 with sales of $18,000- $20,000 p.w. Vendor finance may be available up to 50% with collateral

Potential
Excellent potential to increase sales and profit. - Very suitable for an owner operator, family or couple who would be able to reduce costs and increase sales and profit - Open more hours - Huge opportunities to do catering, functions and online sales - Do some marketing and advertising - Add pizza

Features
Under Management - Top business park location with strong well known tenants - Very little competition - Reasonable rent - Function area - Lifestyle location - Great for a family business

Premises
Very luxurious, spacious, modern and well designed premises in a business park with large glass windows, views and a captive market of customers and an area of 243 m2 plus communal seating

Location
Prime location in a near new business park which is part of a large University campus in the North of Wollongong

Trading Hours
5 days - Mon. - Fri. - 7 a.m. - 4 p.m.

Lease
Current lease expires 17th July, 2027 + further option of 5 years - - 4% Increases - 6 month bond (Sub lease from University)

Employees
1 Manager + 1 assistant Manager + 1 full time chef / cook + 3- 4 casuals

Comments
Misc.- 1 - franchise fee of 7% and a marketing fee of 2% p.w. - Misc.- 2 - Other general expenses and gst. - Pizza oven is included but not currently being used -Vendor Finance may be available. - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor - Training rooms located upstairs brings in lots of customers and catering potential as there is very little competition in the centre. - The Managers wage of $2000 p.w. has been removed and shown in profit as for an owner operator - A parking space is available for a fee of $1,500 per year if required. - A must to inspect but please be discreet - Captive market of customers and located in the business park -One of the leading coffee destinations on this campus, currently fully managed

Figures
Weekly Sales $21000
Rent (ex GST) $1345
Wages $4000
Profit $4955


Agent SBX Code Number: SF1595 - SBX Business Brokers

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SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

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