XKR1017 - Well known franchise cafe -Easy to operate - Nett profit $5,059 PW

Overview
Well known franchise cafe - More than 70 years -  mainly selling coffee, pies, hot dogs, coffee and soft drinks, etc. - Easy cooking. - Most products are pre-made and ordered in. - no chef required. - 50 seats inside - 40 seats outside. This business has an area of 986 sq. mts. 90 sq. mts. inside the dining area, 40 sq. mts. kitchen, cool room, storage area. Plenty of parking area. Great size for function parties.  Prime location on the main street in Inner West with easy access. There are potentials on online marketing for catering or establish own online delivery. The owner has no time to manage due to new business commitments, has to sell.

 

Features
- Well established 

- Easy to operate.

- Busy location on the main traffic road.

- No chef required. 

 

Trading Hours
7 days.- Mon.-Thurs.- 8:30 a.m.- 12:00.p.m - Fri.- Sat.- 8:30 a.m. - 3:00 a.m- Sun- 8:30 a.m. - 1:00 a.m

 

Lease
Current lease expires April, 2020 + 4 + 4 year options - C.P.I. increases every year - No bond

 

Employees
2 owners (part time) + 1 casual + 3 full timers

 

Comments
Misc.-1 -franchise fee and marketing fee, together 2% of sales. - Full training and ongoing support will be provided. - All financials will be provided after meeting with the vendor.

XKR1017 - Well known franchise cafe -Easy to operate - Nett profit $5,059 PW

$268,000.00Price
  • Figure Display Type   Regular
    Weekly Takings   $20,000
    Cost of Goods $7,100
    Gross Profit $12,900
    Rent (ex GST) $2,332
    Outgoings $393
    Wages $4,128
    Telephone $26
    Insurance $66
    Electricity $456
    Gas $40
    Misc 1 $400
    Misc 2 $
    Total Expenses $7,841
    Nett Profit $5,059

    Price

    $400,000

    Estimated Stock(additional )

    $12000

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Suite 302, 7 Railway St, Chatswood  - New South Wales - Australia  - COMPANY INTRANET