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Cafe And Coffee Shop For Sale in Sydney NSW

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Franchise - Cafe - Cakes - Takeaway - Michels Patisserie - Well Established

Location:Sydney, New South Wales

Category:Cafe and Coffee Shop

Asking Price:$85,000

85000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Franchise  -   Cafe   -  Cakes - Takeaway - Michels Patisserie - Well Established

Business description

Franchise - Cafe - Cakes - Takeaway - Michels Patisserie - Eastern Suburbs - Agent SBX Code Number: SF1030

Franchise Michels Patisserie cafe - Takeaway selling house roasted coffee, a variety of teas, hot chocolate, milkshakes and smoothies. - Well known for their excellent selection of pastries and cakes, also provides pies, quiches, sausage rolls with sandwiches, toasties prepared from a dedicated sandwich bar. - Shop has very good hot and cold display cabinets - Also sells birthday cakes. - No cooking. - Shopping centre seating

Potential
Would suit owner operator or couple

Features
Popular franchise - Good position - Strong Franchise brand with over 300 stores - High foot traffic - Profitable - Easy to run

Premises
Well positioned in food area with an area of 40 sq. mts. with 20 sq. mtr store room.

Location
Situated in a busy shopping centre in the Eastern Suburbs below residential units.

Trading Hours
7 days - Shopping centre hours

Lease
March 2017 - March 2022, 4% Increases, 3 Month Bond

Employees
1 Owner - 1 full timer + 2 casuals

Comments
Misc. 1 - Franchise fees - 7% sales and 3% marketing.-Misc 2 - Other general expenses . - Recently renovated shopping centre with a large new major retailer and many other retail shops. Suitable for immigration purposes - A $25,000 New Franchise agreement is payable. There is a new lease commenced March 2017 To Complete the refurbishment an approx $50K will need to be paid by the purchaser for renovation/upgrade - This has been taken into account with the listed selling price - A must to inspect but please be discreet

Figures
Weekly Sales $12200
Rent (ex GST) $1800
Wages $2100
Profit $3060


Agent SBX Code Number: SF1030 - SBX Business Brokers

Other Information

  • Selling Assets: 1
  • Employees: 1 full timer + 2 casuals
  • Trading Hours: 7 days - Shopping centre hours
  • Reason For Selling: Other business interests
  • Lease Terms: Current 5 year lease expires 2017 + 2 year option expires 2019.
Sbx Business Brokers
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