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Cafe - University - Foyer - Under Management- Franchise - Takeaway - Cafe - Franchise -Sales $21,000 P.W. - Netts $5,104 P.W. - University For Sale

Wollongong, New South Wales, Australia
Asking Price:
$498,000 (AUD)
Sales Revenue:
$1,092,000 (AUD)
Cash Flow:
$265,408 (AUD)

Cafe in a busy Business Park at a University - Franchise - Espresso - Selling 40-50 kgs. coffee p.w. as well as sandwiches, pasta, salads, cakes, pastries and cold drinks - Innovative concept of ready to go products as well as a 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 Jan 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 - 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
Current lease expires July, 2027 - 4% Increases - 6 month bond (Sub lease from University)

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

Comments

Property Information

Location:

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

Business Operation

Expansion Potential:

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

Trading hours:

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

Employees:
1 Manager + 1 assistant Manager + 1 full time chef / cook + 4 casuals
Years established:
Nov 2018

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