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Cafe - Under Management - Takeaway - University - Franchise - Busy Location
Advert Id: 249193, Sellers Ref: (F3247SF)Location:Newcastle, Hunter, New South Wales
Category:Cafe and Coffee Shop
Asking Price:$248,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
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
Other Information
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