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

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17 days ago

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cafe-coffee-shop-franchise-under-management-south-coast-0
 
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Internal Ref: CB1536

Summary

SBX Code: CB1536 - Great location with well known tenants - Virtually unopposed - Popular franchise -

Rent

$1,620 pw

Net Profit

$4,505 pw

Location Details

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

Potential

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

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.

About the Business

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

SBX Code: CB1536
pCafe/ 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

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.

Comments
pMisc.- 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 - Managers wage added back to reflect owner/operator buyer./p

SBX Code: CB1536

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