Internal Ref: SFD1069
Summary
SBX Code: SFD1069 - Over $400,000 initial set up cost - Franchise - Long lease - Under Management - Price dropped
Rent
$1,538 pw
Net Profit
$3,385 pw
Location Details
Foyer franchise cafe with a prime corner location in a busy legal building surrounded by hotels, offices and retail in the heart of the Melbourne C
Potential
Suit an owner operator or couple - Obtain a liquor license and there is already a bar area set up (STA) - This is a strong business that is still growing and sales increasing .- Expand catering and functions
Hours
7 days, Monday to Friday 7 am to 3 pm. plus Saturday & Sunday 7 am to 1 pm
Lease
Current lease expires Feb. 2028 + 5 + 5 year options - CPI yearly increases - 3 month bond
Employees
1 Manager + 1 full time Barista + 3 part timers + 3-4 casuals
About the Business
Foyer Cafe - Espresso - Franchise - Under Management - Takeaway - Melbourne CBD
SBX Code: SFD1069
Cafe - Foyer - Takeaway - Franchise - Leading family owned franchise cafe with over 40 stores nationally since 2012 - Selling approx. 30 kg coffee as well as full breakfast and lunch, sandwiches, burgers, salads, cakes, freshly baked muffins and snacks - Full kitchen plus cool room - 60 seats inside. This store also has SolBowl brand included.
Features
Very long lease - Beautifully renovated - No competition - Target market of customers - High foot traffic - No Rubbish removal costs - Nothing to spend.
Premises
Street level corner cafe with an excellent modern fit out and an area of 200m2 plus a large seating area.
Comments
Misc. - 1 - A Franchise fee 7% and 2% marketing fee - Misc.-2- Other general expenses - The 3 group coffee machine and grinders are owned by the coffee company. A must to inspect but please be very discreet!
SBX Code: SFD1069
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