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Cafe And Coffee Shop For Sale in Merrylands Sydney NSW

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Franchise Cafe, Established And Prime Location Over $20,000 To Pw

Location:Merrylands, Sydney, New South Wales

Category:Cafe and Coffee Shop, Restaurant, Franchise

Asking Price:Offer in the region

400000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Franchise Cafe, Established And Prime Location  Over $20,000 To Pw
  • Franchise Cafe, Established And Prime Location  Over $20,000 To Pw
  • Franchise Cafe, Established And Prime Location  Over $20,000 To Pw

Business description

An established franchise cafe generating over $20k+ in weekly sales* located in a prime & developing location in Sydney's West.

Location Details

This cafe is situated in Sydney's West located within one of the main entries & exits of a shopping centre. The immediate surrounding location is being further developed with mass residential growth to be capitalised on.

Potential

Potential to capture dinner trade extending the current menu.

Residential development within the immediate surrounding area of the cafe. 

Potential to apply for a liquor license.

Hours

Sunday to Wednesday 7am to 7:30pm 

Thursday 7am to 9:00pm

Friday & Saturday, 7am to 8pm

Lease

8-year lease, expiring 2026

Employees

Run under management with Store Manager in place, plus: 

11 x Casual staff (Cooks, Baristas and All-Rounders)

Owners work on average 20 hours per week each.

Reason for sale

Owners wish to own a business closer to or within the suburb closer to home.

 

About the Business

The cafe has a prime ground floor location with seating for 80+ patrons, between supermarkets and access to the cafe for shoppers from both the inside and outside of the centre. As a result, the business has excellent foot traffic and is consistently busy, with long opening hours from 7am to capture trade all day.

The current owner acquired the business in 2017 & has grown sales by around $5000 per week. On offer is to purchase an established cafe under an established franchise brand with ongoing support & training. There is huge potential due to the prime location & immediate residential developments within the surrounding area.

Key facts about this coffee shop

- Premium fit-out, seats 80+ patrons (60+ outside, 22 inside), accessible from both inside and outside centre.

- Surrounded by 200+ shops with 3,000 parking spaces.

- Affordable rent for a prime location.

- All cafe fixtures, fittings and equipment included

- Plant & equipment near-new and valued at approx. $200,000 

- Turnover over $20,000+* per week

- Net Profit averaging around 20-22%

For more information on this opportunity, please contact the undersigned:

Jonathon Holland

Business Sales Specialist

Mentored Business Sales, Corporate Business Sales & Acquisitions 

M: [Phone Number Censored] T: [Phone Number Censored] E: [Email Censored]

For more details complete the contact us form on this page or go to [Web Link Censored] and complete our online confidentiality agreement. Use the reference ID [Phone Number Censored] to search for the business.

Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business Categories:  Cafe, Coffee Shop, Restaurant, Food, Business For Sale, Google Reviews, Liquor , Take away , Franchise

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