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

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