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Cafe & Coffee Shop business for sale in Bondi Junction

  • Cafe & Coffee Shop
  • Bondi Junction NSW 2022
  • $85,000 (GST na)

SF1030 - Business For Sale - Cafe Coffee Shop Michels Franchise Patisserie & Cafe- Bondi Junction Area - Sydney NSW

Franchise - Michels Patisserie - Cafe - Cakes - Takeaway - Eastern Suburbs
SBX Business Code: SF1030
Franchise Michels Patisserie cafe - Takeaway selling house roasted coffee, a variety of teas, hot chocolate, milkshakes and smoothies. - Well known for their excellent selection of pastries and cakes, also provides pies, quiches, sausage rolls with sandwiches, toasties prepared from a dedicated sandwich bar. - Shop has very good hot and cold display cabinets - Also sells birthday cakes. - No cooking. - Shopping centre seating -- Figures are based on the 2019 weekly average - please contact your broker for 2020/21 monthly sales

Potential
Would suit owner operator or couple - Do some advertising and marketing -Suitable for immigration purposes. - Upgrade required.

Features
Popular franchise - Good position - Strong Franchise brand with over 300 stores - High foot traffic - Profitable - Easy to run - Close to Aldi, Coles, parking and two large Gyms

Premises
Well positioned in food area with an area of 40 sq. mts. with 20 sq. mtr store room.

Location
Situated in a busy shopping centre in the Eastern Suburbs below residential units.

Trading Hours
7 days - Shopping centre hours

Lease
March 2017 - March 2021,New lease with refurbishment is required - 4% Increases, 3 Month Bond

Employees
1 Owner - 1 full timer + 2 casuals

Comments
Misc. 1 - Franchise fees - 7% sales and 3% marketing.-Misc 2 - Other general expenses . - Recently renovated shopping centre with a large new major retailer and many other retail shops. Suitable for immigration purposes - A $25,000 New Franchise agreement is payable. There is a new lease commenced March 2017 To Complete the refurbishment an approx $50K will need to be paid by the purchaser for renovation/upgrade - This has been taken into account with the listed selling price - A must to inspect but please be discreet
Figures
Weekly Sales $12200
Rent (ex GST) $1800
Wages $2100
Profit $3060

SBX Business Code: SF1030

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Business Highlights

Business ID2011290956
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Category
Last updated  3 May 2019
Map for Bondi Junction NSW 2022
Map for Bondi Junction NSW 2022Bondi Junction NSW 2022
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Business Highlights

Business ID2011290956
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  3 May 2019
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
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