Cafe - Sales $11,000 pw - Cakes - Takeaway - Franchise - Michels Patisserie

25 days ago

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Internal Ref: F3161

Summary

SBX Code: F3161 - Cafe - Cakes - Takeaway - Franchise - Michels Patisserie Upper North Shore NSW in excellent condition No heavy cooking - Profit $1,570 pw .

Rent

$95,992 pa

Net Profit

$78,000 pa

Location Details

Situated in busy major shopping centre opposite large supermarket / liquor retailer.

Potential

New apartment buildings being built nearby will bring more customers. - Potential to do catering in the local area. - Would suit husband and wife and save on wages as currently mainly under management.

Hours

7 days - Mon. - Sun. - 6.30 a.m. - 6.00 p.m.

Lease

Current lease expires .09.2022 + option for 5 years. - 4% annual rental increases - $25000 r

Employees

One part time owners wife working minimal hours + 4 part timers + 2 casuals.

About the Business

Cafe - Cakes - Takeaway - Franchise - North West Sydney

SBX Code: F3161
Cafe - takeaway franchise selling 23 - 25 kgs. coffee p.w., hot and cold drinks, small cakes, macaroons, pies and other pastries. - Also sells large cakes for any occasion . - No cooking. - Open plan with a large display cabinet for cakes. - The franchise fee is 7% and 3% marketing fee. - The vendor owns all the cafe equipment including a new freezer. - Only cake shop in the local area and other nearby surrounding suburbs. - 28 seats inside.

Features
Corner shop. - Long lease. - No heavy cooking. - Loyal clientele .

Premises
Open plan seating with huge display cabinet and an area of 50 sq. mts.

Comments
Major franchise chain established since 1988 with over 300 stores across Aust. N.Z. and Indonesia. - Selling at less than fitout cost. - There is a fee payable of approx. $14,000 to train two people over a five week period. - Miscell. 1 franchise fee.

SBX Code: F3161

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