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Awesome Taste Baguette Franchise Cafe For Sale in Sydney's Eastern Suburbs

$399,000

Waverley, New South Wales

Awesome Taste Baguette Franchise Cafe For Sale in Sydney's Eastern Suburbs

Popular and well reviewed Franchise Cafe selling approximately 30 kgs. of coffee, freshly baked baguette rolls and French style pastries. All day breakfast menu offered Bread and other pastries delivered fresh to the shop from franchise central kitchen. A fully equipped kitchen which includes a cool room. An upstairs residence is included in the lease also.

Typical Weekly Trading Figures

Weekly Takings (ex GST) - $21,000.00
Rent - $2,596 (Can be offset by renting out upstairs $500 to $600+ a week)
Outgoings - $400.00
Wage - $4,300.00
Franchise fees - $1,260.00
Miscellaneous - $400.00
Approximate Net Profit Range - $3,000 to $3,500

*Miscellaneous 1 Relate to Franchise Royalties and Marketing Fees based on above turnover figures

*Miscellaneous 2 Relate to estimated general business expenses

*Figures above will vary week to week and are based on a combination of typical expenses over that
period based on documented managerial reports

*Estimated Stock level is approximately $10,000

Potential

The new owner may wish to open for dinner to cater to the appetite of local customers for a local dinner eatery

Can be run as a Wine Bar in the evenings which would substantially increase revenue and profitability

Run as a dark kitchen during dinner time hours for online delivery services i.e. Uber Eats, Menulog and
Deliveroo

Features

- Beautifully Fitted/ Well-presented business which is one of the top cafes in the area.

- Flexible franchise terms from Franchisor with the ability to run the business with a high level of
autonomy and with minimal fees.

Location
Premium eastern suburbs location on the main road of densely populated and heavy foot traffic area.

Premises

- These premises are brand new and have been totally renovated and have an area of 133 sq. mts.

- 2 bedroom unit is included with the lease and can be rented out for approximately $500 per week.

Lease
Long Lease term to August 2033 including 2 x 5 Year Options. 3 Month Bond and 4% Annual Rent Increases

Sale Reason
Partnership Split

Employees
Two working owners and 4 casual staff on an alternating roster

Comments
Finance options available with this business. Speak to Michael at Biz Transfer for more information.

Business Links / Tools

Last updated: 19th February 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Waverley
State
 New South Wales
Price
$399,000
Category
  • Bakery
  • Cafe/Coffee Shop
  • Takeaway Food

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Agency

Business Brokers Network

Business Brokers Network

Contact

Michael Short