Cafe - University - Foyer - Under Management- Franchise - Takeaway - Cafe - Franchise -sales $21,000 P.w. - Netts $5,104 P.w. - University

Business For Sale Wollongong, New South Wales 2500

Business Category Cafe and Coffee Shop

$498,000

Description

Cafe - University - Foyer - Under Management- Franchise - Takeaway - Cafe - Franchise -sales $21,000 P.w. - Netts $5,104 P.w. - University

Cafe - University - Foyer - Under Management- Franchise - Takeaway - Wollongong Illawarra - Agent SBX Code Number: SF1595

Cafe in a busy Business Park at a University - Franchise - Espresso - Selling 40-50 kgs. coffee p.w. as well as sandwiches, pasta, salads, cakes, pastries and cold drinks - Innovative concept of ready to go products as well as a full kitchen plus cool room - Fully licensed - 100 seats inside and large communal area of outside seating.- Vendor finance may be available - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor -Sales shown are current in Jan 2021 and Pre Covid sales where approx $30K p.w.

Potential
Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple - Open more hours - Huge opportunities to do catering, functions and online sales - Do some marketing and advertising - Add pizza

Features
Under Management - Top business park location with strong well known tenants - Very little competition - Reasonable rent - Function area - Lifestyle location.

Premises
Very luxurious, spacious, modern and well designed premises in a business park with large glass windows, views and a captive market of customers and an area of 243 m2 plus communal seating

Location
Prime location in a near new business park which is part of a large University campus in the North of Wollongong

Trading Hours
5 days - Mon. - Fri. - 7 a.m. - 4 p.m.

Lease
Current lease expires July, 2027 - 4% Increases - 6 month bond (Sub lease from University)

Employees
1 Manager + 1 assistant Manager + 1 full time chef / cook + 4 casuals

Comments
Misc.- 1 - franchise fee of 7% and a marketing fee of 2% p.w. ( The marketing fee of 2% begins 1 year after purchase and is waived for the first year) - Misc.- 2 - Other general expenses and gst. - Pizza oven is included but not currently being used -Vendor Finance may be available. - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor - Training rooms located upstairs brings in lots of customers and catering potential as there is very little competition in the centre. - The Managers wage of $2000 p.w. has been removed and shown in profit as for an owner operator - A parking space is available for a fee of $1,500 per year if required. - A must to inspect but please be discreet - Captive market of customers and located in the business park -One of the leading coffee destinations on this campus, currently fully managed

Agent SBX Code Number: SF1595 - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 535124
Broker REF: SF1595

SBX Business Brokers
Make Enquiry

Thank you, your enquiry has been sent now.

Cookie Consent

To deliver the best possible experience on Bsale.com.au, we and our partners use cookies to store information. By clicking 'Accept and Close' you agree to the use of Cookies. Read our Cookie Policy.


Accept and Close