This Bakery & Cafe store established in 2011 and is the first official flagship store of 85 Degrees Bakery & Cafe. Untill now, this franchiser has 16 stores in Australia. Thia business is very stable and there is no competition around.
the Local Council approves that activities can be held in front of the store every two weeks, and the income of each activity is $10,000 per month. In addition, I have monthly income from parties and business activities.
High profit margins - Great location - Well designed modern fit out
The store has three floors, and the Ground floor is for garage and storage, which can park two cars side by side.The business area is 350 sqm with 30 seats. The store mainly sells bread, cake, coffee, milk tea, juice and so on. The first floor is an office area, 260 sqm, which was rented out in 2018 at a rent of 104,000 a year for backroom escape activities (this part of the income is not included in the weekly revenue statement)
The store is located at the corner of busy road in Chinese area, near shopping and railway station.
7 days - Week Day 7:30am-9:00pm | Weekend 8am-8:30pm
5 year lease expires April 2021 - CPI rental increases
1 Manager + 3 Full time + 2 casuals.
Misc.- 1- marketing fees
85 Degrees Bakery & Cafe
Figure Display Type Regular Weekly Takings $39,150 Cost of Goods $15,070 Gross Profit $24,080 Rent (ex GST) $6,855 Outgoings $2,080 Wages $7,250 Telephone $15 Insurance $200 Electricity $500 Gas $450 Misc 1 $1358 Misc 2 $ Total Expenses $33,795 Nett Profit $5,355
Estimated Stock (additional)