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Cafe - Cakes - Takeaway - Franchise - Upper Nth Shore Nsw - Popular Franchise - Profit $1,570 Pw - Michels Patisserie. For Sale

Sydney, New South Wales, Australia
Asking Price:
$68,000 (AUD)
Sales Revenue:
$572,000 (AUD)
Cash Flow:
$81,640 (AUD)

Cafe - takeaway franchise selling 23 - 25 kgs. coffee p.w., hot and cold drinks, small cakes, macaroons, pies and other pastries. - Also sells large cakes for any occasion . - No cooking. - Open plan with a large display cabinet for cakes. - The franchise fee is 7% and 3% marketing fee. - The vendor owns all the cafe equipment including a new freezer. - Only cake shop in the local area and other nearby surrounding suburbs. - 28 seats inside.

Potential
New apartment buildings being built nearby will bring more customers. - Potential to do catering in the local area. - Would suit husband and wife and save on wages as currently mainly under management.

Features
Corner shop. - Long lease. - No heavy cooking. - Loyal clientele

Premises
Open plan seating with huge display cabinet and an area of 50 sq. mts.

Location
Situated in busy major shopping centre opposite large supermarket / liquor retailer.

Trading Hours
7 days - Mon. - Sun. - 6.30 a.m. - 6.00 p.m.

Lease
Current lease expires 2022 + option for 5 years. - 4% annual rental increases - $25000 rental bond.

Employees
One part time owners wife working minimal hours + 4 part timers + 2 casuals.

Comments

Property Information

Location:

Situated in busy major shopping centre opposite large supermarket / liquor retailer.

Business Operation

Expansion Potential:

New apartment buildings being built nearby will bring more customers. - Potential to do catering in the local area. - Would suit husband and wife and save on wages as currently mainly under management.

Trading hours:

7 days - Mon. - Sun. - 6.30 a.m. - 6.00 p.m.

Employees:
One part time owners wife working minimal hours + 4 part timers + 2 casuals.
Years established:
2007

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