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
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