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Franchise - Cafe - Takeaway - University - Piccolo Me - Cafe - Espresso - University - Wollongong -Sales $21,000 P.W. For Sale

Wollongong, New South Wales, Australia
Asking Price:
$480,000 (AUD)
Sales Revenue:
$1,092,000 (AUD)
Cash Flow:
$301,548 (AUD)

Cafe - Espresso - Franchise - Takeaway in University with 3 tenancies on one lease. - 1st shop does coffee / sweets and the 2nd store does all the hot food burgers / salads and sandwiches. - The 3rd store is currently a seating / dining area 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 36 kgs. coffee + kgs. of chocolate - Pre Covid was 65 kgs. coffee + 8 kgs. chocolate p.w. - Full kitchen with cool room and freezer - 30 seats inside and 45 seats outside - 5 day home delivery in Lockdowns 2021 with Menu Log, Door Dash and Uber

Potential
Buyer could make the seating room as a separate store ( This area is fully structured, just needs a front counter to start trading or sublease for about $450/week rental income) - Suit an owner operator or couple - This is a strong business that is still growing and sales increasing.- Expand catering and functions

Features
Location - Location - Caters to university staff - Electricity is included in the rent - High foot traffic area - 3 shops merged together - Long lease - New store set up in 2020 - Captive market of customers - Home Delivery

Premises
3 shops in 1 with 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 105 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 expires 2032 - 2.5% annual increases - 3 month Bond

Employees
1 Manager + 2 full timers + 4 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:

Buyer could make the seating room as a separate store ( This area is fully structured, just needs a front counter to start trading or sublease for about $450/week rental income) - Suit an owner operator or couple - This is a strong business that is still growing and sales increasing.- Expand catering and functions

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 + 2 full timers + 4 casuals
Years established:
Feb 2020

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