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Cafe - Business Park - Foyer - Under Management - Franchise - Takeaway - Cafe - Franchise -Sales $23,100 P.W - Business Park - 5 Days - 50 Kg Coffee P.W. For Sale

Wollongong, New South Wales, Australia
Asking Price:
$438,000 (AUD)
Sales Revenue:
$1,201,200 (AUD)
Cash Flow:
$280,020 (AUD)

Cafe in a busy Business Park at a University - Franchise - Espresso - This is the No 3 store in the Franchise brand - Currently selling 50 kgs. coffee -.-.--- 5 kg chocolate as well as breakfast, sandwiches, pasta, salads, cakes, pastries and cold drinks - Full kitchen plus cool room - Fully licensed - 100 seats inside and large communal area of outside seating. - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor -Sales shown are current till June 2021 and Pre Covid sales where approx $30K p.w. Lockdown August & September sales approx $10,000 p.w. - Nov 2021 Sales $15K p.w. - Vendor finance may be available up to 50% with collateral

Potential
Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple who would be able to reduce costs and increase sales and profit - 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
June 2021 - July 2031 - 4% Increases - 6 month bond (Sub lease from University)

Employees
1 Manager + 1 assistant Manager + 1 full time chef / cook + 3- 4 casuals

Comments

Property Information

Location:

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

Business Operation

Expansion Potential:

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

Trading hours:

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

Employees:
1 Manager + 1 assistant Manager + 1 full time chef / cook + 3- 4 casuals
Years established:
Nov 2018

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