Industrial Cafe – Franchised (Rydalmere)

Price: $98,800 Location: Parramatta, NSW Ref: 5014635
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Industrial Cafe – Franchised (Rydalmere)
Price :
$98,800
Category :
Food/Hospitality, Franchise, Retail, Cafe/Coffee Shop, Food/Beverage
Full Description :

Cafe located on busy industrial street with great exposure.

The cafe has been operating since 2013, with a great loyal customer base serving 35KG of coffee a week.

The franchise is operated by one owner who employs a team of 3 staff. 

The cafe also is supported by a great franchisor who assists with training and operations (only 4% F.Fee).

Purchasing this business means you are joining a strong franchisor who is rapidly expanding in various locations across the country. 

The business operates over 6 days and opens daily from 7am – 3pm. 

The franchise agreement is in line with the term of the lease, up to January 2024.

All equipment is owned outright.

The franchise group started in 2007 with their first store in Darling Harbour. Since then the company now enjoys a group of some 60 stores, with more planned. 

Their mission is simple, provide the best coffee with the best service to spread their instiable love for coffee across Australia. With the brand being 100% Australian owned it also means that the valuable support from head office is never too far away. 

Cool warehouse style fit out. 50 seats. 200sqm with great storage.

5 car spots out front with abundant street parking.

Friendly staff and quality service are sure to provide you with a relaxing and delicious coffee experience. 

Menu flexibility permitted. Currently some American BBQ offerings hugely popular. 

The business is well priced to sell for someone who loves the retail and cafe industry. Experienced staff also make the business easier to run. 

  

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5014635#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5014635#enquire-now

Annual Rent : $49,000 - Weekly Rent : $942

Annual Turnover : $468,000 - Weekly Turnover : $9,000

Annual Gross Profit : $330,000 - Weekly Gross Profit : $6,346

Annual Ebit : $108,000 - Weekly Ebit : $2,077

Premise : Leased

Lease Commencement : Jan 2019

Lease End : Jan 2024

Current Outgoings pa: $5,000

Total Land Area : 200 Square Metres

Total Floor Area : 200 Square Metres

Total No of Parking : 5

Franchise : Franchise Resale

Franchise Royalties : $18000

Approximate Stock Value : $3,000

Year Purchased : 2013

Year Established : 2013

Days Trading : 6

Staff : 3 Full Time

Staff Salaries : $130,000

Reason for Sale : other business interests

Location : Rydalmere

Business Potential : abundant catering opportunities from nearby business, cross promotions, loyalty programs, Uber Eats, Increase Social Media profile

Parking Comments : 5 cars - Abundant street parking

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