Franchise - Cafe - Espresso Bar - Under Management - Franchise - Cafe -Under Management -Nets $4,460 p.w.-West Sydney shopping centre - M2208
Franchise - Cafe - Espresso Bar - Under Management - Franchise - Cafe -Under Management -Nets $4,460 p.w.-West Sydney shopping centre - M2208
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Franchise - Cafe - Espresso Bar - Under Management - West Sydney - Agent SBX Code Number: M2208
Franchise cafe serving their own brand of freshly roasted blended coffee, frappe (with or no espresso ) and iced drinks ( with or no espresso ), freshly squeezed juice and smoothies & milkshakes and offering delicious all day breakfast including avocado toast, egg benny, chicken schnitzel with chips and a selection of tasty legendary burgers etc. Strong coffee sales average 35-40 kgs p.w. .Brand new concept store with state of art fit out and fixtures, custom made comfortable timber table and chairs, seats up to 65. Established in May 2023 and cost close to $380k.
Potential
Great potential for an active owner operator to save on wages ( in particular shop Managers wage of $1850 p.w. ) and boost sales and increase profit
Features
Top location. Excellent fitout. Strong and growing business. Low franchise fee. Easy menu and operation. Under management. Huge potential to grow for a motivated owner operator.
Premises
Modern designed and newly set up cafe with an area of approx. 90 sq.mts including exclusive seating area plus approx. 20 sq.mts store room on same level.
Location
Kiosk location in shopping centre surrounded by high fashion stores in West Sydney suburb.
Trading Hours
7 days - 8 am to 5 pm.
Lease
7 years lease commenced May 2023. 3.5% annual increases. 3 months bond.
Employees
Fully under Management- 1 Manager, + 1 chef + 5 casuals.
Comments
The rent includes all outgoings and electricity. - Misc.- 1-$600 p.w. Refers to fixed franchise royalty fee. The Manager wage of $1850 has been removed and added to the net profit as for an owner operator. One of Sydneys favoured speciality coffee chain businesses. The selling price is turn key including all initial franchise fees and two weeks training, no experience requried other than a passion for coffee. A must to inspect.
Figures
Weekly Sales $16000
Rent (ex GST) $3248
Wages $3100
Profit $4460
Agent SBX Code Number: M2208 - SBX Business Brokers
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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$280,000 + SAV
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These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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