Internal Ref: F3441
Summary
SBX Code: F3441 - Well located in major shopping centre - sit down seating for 60 people - Profitable business with major cafe franchise - shop upgrade done in 2023 financial year.
Rent
$3,784 pw
Net Profit
$4,000 pw
Location Details
Great location in one of Gold Coasts leading shopping centres .
Potential
Opportunity to own an established and successful business.Could suit two owner operators and save on staff wages.
Hours
7 days - Monday to Saturday 8 am to 5 pm. Sunday 8 am to 3 pm. Kitchen open Mon. to Sat. - 8 a.m
Lease
Current lease expires on 17th December 2027 - 5 % annual rental increases - 3 month bond $42,692.
Employees
One owner works normally 5 days p.w. Wed to Sun. +1 cook + 1 barista + casuals as required.
About the Business
Cafe - Takeaway - Franchise - Gold Coast
SBX Code: F3441
Cafe - Franchise selling 50 kgs. premium coffee p.w. with a simple all day breakfast and lunch menu of melts on Turkish bread, gourmet salads, kids meals, burgers and sandwiches. Also sells smoothies, frappes, milkshakes, fresh juices and hot beverages, iced coffee, dessert, sliced cakes. The menu is simple, well thought out by the owner, uncomplicated and very popular with their local clientele. The compact size of 75 sq. mts. (including the kiosk and seating for 60 people ) allows the business to keep wage costs to a lesser minimum as opposed to larger cafe premises in square meterage size. Financials will be provided after a face to face meeting with the vendor and prior to the meeting interested purchasers have to sign an SBX two page confidentiality agreement. Please do not approach the owner or staff of the business and ask your SBX broker for a meeting with the owner.
Features
Low franchise fees of 4 % plus gst. The menu does not require a chef. Great google reviews from a loyal customer following. Compact size of the kiosk assists in keeping running costs to minimum. Short kitchen hours. Vendors own menu design. Brand new 7 year franchise agreement on settlement .Same original owner since 2014 .
Premises
The premises are approx. 75 sq. mts. with inside seating for 60 persons (30 each end of the kiosk) and includes kitchen facilities within the kiosk its self.
Comments
The franchisor subject to buyer being approved by the franchisor and landlord for assignment of the existing lease will offer a brand new 7 year franchise agreement on the day of settlement at an extra cost to the buyer of approx. $3000. Training will be provided by the franchisor at an extra cost to the buyer of approx. $7000. Misc.- 1- refers to 4% franchise fee of net sales .
SBX Code: F3441
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