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Cafe And Coffee Shop For Sale in Newcastle Hunter NSW

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Cafe - Under Management - Takeaway - University - Franchise - Busy Location

Location:Newcastle, Hunter, New South Wales

Category:Cafe and Coffee Shop

Asking Price:$248,000

248000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Cafe   - Under Management - Takeaway - University - Franchise - Busy Location

Business description

Cafe - Under Management - Takeaway - University - Franchise - Newcastle area - Agent SBX Code Number: F3247SF

Cafe - takeaway selling hot and cold food including beverages, coffee, sandwiches, wraps, pastries, cakes, hot foods such as pasta, steak and chips, fish and chips, parmigana and chips. - Permitted use is not exclusive. - Cannot sell some products as juice bar adjacent. - Food court seating available.Profit is based on 2 owners working with 3 casuals -Currently run under full management.

Potential
Increase sales by local marketing and through social media for example instagram and facebook. - Staff training.

Features
Captive market. - Semester operation. -Walk through traffic. - Simple food menu. - Long lease.

Premises
This business has a full kitchen, gas, exhaust and grease trap with as new fitout.

Location
Great location inside university in a small foodcourt in Newcastle area.

Trading Hours
5 days - Mon. to Fri. - 8 a.m. - to 6 p.m. during university semesters.

Lease
Current lease expires 17th January, 2023 + 2 year option -$14,000 bond

Employees
Profit is based on 2 owners working with 3 casuals -Currently run under full management.

Comments
Misc 1 - 5% Franchise Fee and 2% Marketing - Misc 2 Other general expenses and GST- The vendor owns the coffee machine and grinder. Vendor finance may be available -

Figures
Weekly Sales $15020
Rent (ex GST) $942
Wages $2566
Profit $4137


Agent SBX Code Number: F3247SF - SBX Business Brokers

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