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Cafe- Coffee Shop - Franchise - Under Management - South Coast - (Code: CB1536)

Cafe - Coffee Shop - Franchise - Under Management -South Coast

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Price: $465,000






Weekly Takings (inc GST) $17,500
Cost of Goods $5,500
Gross Profit $12,000
Rent $1,620
Wages $3,500
Outgoings $
Telephone $50
Insurance $100
Electricity $400
Gas $
Misc 1 $1,575
Misc 2 $250
Total Expenses $7,495
Net Profit $4,505
Coffee Kilos P/W 35.0

Estimated Stock

$15,000
(Additional)

Equipment

$150,000
(Included)
All other values
exclude GST
General Description
<p>Cafe/ Coffee shop located in large, modern and well established business park with many well-known tenants. Operating under management, the business is part of a strong franchise group, established in 2012, and with over 50 shops currently franchised. Currently selling 35 - 40kg pw of coffee and 5kg chocolate, as well as a wide range of popular breakfast choices, with lunch selections including burgers, sandwiches, wraps, pastas, salads, pastries, cakes and cold drinks, shakes and smoothies. Kitchen very well ordered and includes walk-in freezer, walk-in cool room, 20l deep fryer, 4 burner gas stove and hot plate. - 30 seats outside - 70 seats inside</p>

Potential
Suitable for owner/operator or family buyer - Great opportunity to pursue catering inquiries - Utilise pizza oven which is included and not currently operated.

Features
Under Management - Great position with strong well-known tenants - Virtually unopposed - Excellent rent and lease - Strong local support - Well known franchise - Great for family lifestyle business.

Premises
Outstanding presence with vibrant decor and comfortable seating arrangements with scenic views.

Location
Prime location in well established business park in large South Coast city.

Trading Hours
7 days - Monday to Friday: 7.00 am to 3.00 pm. Saturday / Sunday: 8.00 am to 3.00 pm.

Lease
5 year lease commenced 1st July 2023 + 5 years option - Increases 4% - Bond 6 months.

Employees
Manager - Front of house - 1 chef - 1 kitchen hand.

Comments

Misc.- 1 - Franchise fee 7% and marketing fee 2% p.w - Misc.- 2 -General expenses - Rent includes gas, water and outgoings - Pizza oven included but not currently utilised - Buyers to pay $10,000 plus gst training fees, $7,500 plus gst legal fees and $2,500 plus gst admin fee, which are not included in price - Owner parking space available for $30 pw - 3 group coffee machine remains property of supplier - Manager's wage added back to reflect owner/operator buyer.



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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXCB1536

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