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Cafe - Espresso - Franchise - Under Management - Cafe -...

Franchise for Sale
Cafe - Espresso - Franchise - Under Management - Cafe - Espresso - Franchise - Takeaway - University nearby
Haymarket NSW

Cafe - Espresso - Franchise - Under Management - Sydney CBD - Agent SBX Code Number: SF1598M Cafe - Espresso Bar - Takeaway selling their own brand freshly roasted blended coffee, tasty sourdou...

Price $498,000.00

Cafe - Espresso - Franchise - Under Management - Cafe - Espresso - Franchise - Takeaway - University nearby

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Cafe - Espresso - Franchise - Under Management - Sydney CBD - Agent SBX Code Number: SF1598M

Cafe - Espresso Bar - Takeaway selling their own brand freshly roasted blended coffee, tasty sourdough sandwiches, all day breakfast, burgers, salads and cakes etc. - Strong coffee sales of 65 kgs. weekly. - Open kitchen. - Light cooking. - 30 seats inside and 30 seats outside

Potential

This business is continuing to grow in its busy location. - Suit a motivated owner operator or an astute investor - Expand catering

Features

Top location in Sydney University area. - A proven system of operation. - Low Franchise fee - Franchise training and support. - High margins. - Run by management - The rent includes all outgoings.

Premises

Modern designed cafe with an area of 60m2 including upstairs seating room plus large outside seating area.

Location

Situated under large premium residential tower next to University campus and Tafe in high foot traffic flow area of Sydney.

Trading Hours

7 days - Mon. - Fri. - 6 a.m - 6 p.m. - Sat. -Sun. - 7 a.m.- 6 p.m.

Lease

Current lease expires Nov. 2024 ( Additional term should be available to a successful buyer) - 4% annual increases. - 3 months bond

Employees

Fully under management - 9 casuals / part timers

Comments

Misc.- 1 - Franchise Fee $800 p.w. Flat Fee - Misc.- 2 -Outside seating area fee, general expenses and GST - Franchise currently has 7 trading chain stores plus 3 new stores which will open soon. - It has own coffee roast workshop which delivers coffee and excellent brand / package to franchisee stores.- Comprehensive training and ongoing support. - This is a lifestyle business offering a good opportunity for an investor and an owner operator alike. - The profile figures shown are based on 2018 / 19 financial year profit and loss statement. - Highly recommended cafe in Sydney University district. - A key feature is this business does not pay any rent in January & February so rent shown is weekly over 10 months - The yearly rent is $140,383.08. - The current selling price also includes a training fee of $10K and the Initial Franchise fee $52K. - A must to inspect but please be very discreet.

Agent SBX Code Number: SF1598M - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 270133
SBX ID: SF1598M




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