Skip to main content

Cafe & Coffee Shop business for sale in Wollongong

  • Cafe & Coffee Shop
  • Wollongong NSW 2500
  • $498,000 (GST na)

SF1595 - Business For Sale - Cafe Coffee Shop Cafe - Franchise -Sales $23,100 p.w - Business Park - 5 Days - 50 kg Coffee p.w.

Cafe - Business Park - Foyer - Under Management- Franchise - Takeaway - Wollongong Illawarra
SBX Business Code: SF1595
Cafe in a busy Business Park at a University - Franchise - Espresso - This is the No 3 store in the Franchise brand - Currently elling 50 kgs. coffee p.w.and 5 kg chocolate as well as breakfast, sandwiches, pasta, salads, cakes, pastries and cold drinks - Full kitchen plus cool room - Fully licensed - 100 seats inside and large communal area of outside seating.- Vendor finance may be available - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor -Sales shown are current in June 2021 and Pre Covid sales where approx $30K p.w.

Potential
Excellent potential to increase sales and profit. - Very suitable for an owner operator or couple who would be able to reduce costs and increase sales and profit - Open more hours - Huge opportunities to do catering, functions and online sales - Do some marketing and advertising - Add pizza

Features
Under Management - Top business park location with strong well known tenants - Very little competition - Reasonable rent - Function area - Lifestyle location.

Premises
Very luxurious, spacious, modern and well designed premises in a business park with large glass windows, views and a captive market of customers and an area of 243 m2 plus communal seating

Location
Prime location in a near new business park which is part of a large University campus in the North of Wollongong

Trading Hours
5 days - Mon. - Fri. - 7 a.m. - 4 p.m.

Lease
June 2021 - July 2031 - 4% Increases - 6 month bond (Sub lease from University)

Employees
1 Manager + 1 assistant Manager + 1 full time chef / cook + 3- 4 casuals

Comments
Misc.- 1 - franchise fee of 7% and a marketing fee of 2% p.w. - Misc.- 2 - Other general expenses and gst. - Pizza oven is included but not currently being used -Vendor Finance may be available. - Franchise agreement and training costs are extra and can be discussed at a meeting with the Franchisor - Training rooms located upstairs brings in lots of customers and catering potential as there is very little competition in the centre. - The Managers wage of $2000 p.w. has been removed and shown in profit as for an owner operator - A parking space is available for a fee of $1,500 per year if required. - A must to inspect but please be discreet - Captive market of customers and located in the business park -One of the leading coffee destinations on this campus, currently fully managed
Figures
Weekly Sales $23100
Rent (ex GST) $1730
Wages $4900
Profit $5385

SBX Business Code: SF1595

SBX Business Brokers - Sydney Business Exchange

SBX Website
SBX Business Brokers
SBX Website
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers

Business Highlights

Business ID2016152479
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  17 Oct 2020
Map for Wollongong NSW 2500
Map for Wollongong NSW 2500Wollongong NSW 2500
Looking to buy this business?

powered by

So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.

Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!

SBX Website
SBX Business Brokers
SBX Website
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers

Business Highlights

Business ID2016152479
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  17 Oct 2020
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
SBX Website
SBX Business Brokers
SBX Website
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers
SBX Business Brokers

Ask SBX Website about this business

SBX Website

SBX Website

SBX Business Brokers

SBX Business Brokers

SBX Business Brokers

SBX Business Brokers

Call Broker
0294394403
CallEmail