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Franchise - Cafe - Takeaway - University - Piccolo Me - Cafe- Espresso - University -Sales $41,000 P.W. Nett $10,689 P.W. For Sale

Wollongong, New South Wales, Australia
Asking Price:
$649,000 (AUD)
Sales Revenue:
$2,132,000 (AUD)
Cash Flow:
$555,828 (AUD)

Cafe - Espresso - Franchise - Takeaway in University with 2 tenancies on one lease. - 1st shop does coffee / sweets and the 2nd store does all the hot food burgers / salads and sandwiches. Now selling coffee as well as full breakfast and lunch, sandwiches, salads, burgers, cakes, freshly baked muffins and snacks plus an Innovative concept of ready to go products - Currently doing 60 kgs. coffee + 24 kgs. of chocolate - Full kitchen with cool room and freezer - 30 seats inside and 45 seats outside - 5 day home delivery with Menu Log, Door Dash and Uber. Figures available after a meeting or Zoom with the vendor

Potential
Suit an owner operator or couple - This is a strong business that is still growing and sales increasing.- Expand catering and functions -Open weekends and extend hours as there is lots of foot traffic in the evenings. Also opening on the weekends to cater for students and staff who live on campus 3 mins walk to the store

Features
Location - Location - Low rent - Caters to university staff - Electricity is included in the rent - High foot traffic area - 2 shops merged together - Long lease - New store set up in 2020 - Captive market of customers - Home Delivery

Premises
A large seating area and outdoor area with umbrellas and tree lined views with the top position at the outside entrance of a food court with an area of 73 m2 plus seating area

Location
Situated in the heart of a large university and located at the 2 main entrance of a food hub in Wollongong area.

Trading Hours
5 days - Mon. - Fri. - 7 a.m. to 4 p.m. (Can open more days and soon to trial weekends)

Lease
12 year lease Feb 22 - Feb 26 +4 + 4 (vendor holds the lease ) - 2.5% annual increases - 3 month Bond

Employees
1 Manager + 3 full timers + 6 casuals

Comments

Property Information

Location:

Situated in the heart of a large university and located at the 2 main entrance of a food hub in Wollongong area.

Business Operation

Expansion Potential:

Suit an owner operator or couple - This is a strong business that is still growing and sales increasing.- Expand catering and functions -Open weekends and extend hours as there is lots of foot traffic in the evenings. Also opening on the weekends to cater for students and staff who live on campus 3 mins walk to the store

Trading hours:

5 days - Mon. - Fri. - 7 a.m. to 4 p.m. (Can open more days and soon to trial weekends)

Employees:
1 Manager + 3 full timers + 6 casuals
Years established:
Feb 2020

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