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Cafe/Coffee Shop Food/Hospitality Business

WEST RYDE 

Sold on 23 Aug 2017
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    Cafe/Coffee Shop Food/Hospitality Business in WEST RYDE

    Franchise Coffee House / Cafe for Sale - Great Profits - Run Under Management!

      The opportunity exists to purchase a successful and well-established Franchise Coffee House/Cafe in the popular Sydney suburb of West Ryde. The business has successful revenue streams with a close proximity to major stores further aiding surrounding foot traffic.

      Financials:
      Recent record year to date, weekly gross takings was achieved of more than $21,000 in June 17 and an annualized adjusted Profit margin of around 30%, whilst under management for Financial Year ending 2017.

      Assets:
      All assets are included in the sale price; a full asset list is available to view upon request.

      Location Details:
      This cafe is perfectly located within West Ryde's biggest shopping malls. The business is surrounded by major stores and benefits from the consistent high volumes of foot traffic.

      Potential:
      The potential here is to own your very own cafe in a growth suburb of inner west Sydney. Currently, run under management. This presents a huge opportunity to continue the success with the same core team or run as an owner operator.

      Skills:
      Hospitality experience would be ideal. Business can continue to run under management for a savvy investor or light touch manager overseeing investment. Management training and business advice can be sought from the Franchisor at their head office and training center in Parramatta.

      Lease:
      Current lease expires 2022

      Employees:
      1x Store coordinator / Manager
      16x Casual Staff

      The reason for Sale:
      Business owner wishes to focus on the development of other business investments.

      About the Business:
      This is a huge opportunity to acquire your very own store under a popular and reputable growing coffee / cafe franchise. The franchisor provides all the necessary training and support to ensure a smooth transition into management as well as a sustained growth throughout the future.

      The business is positioned perfectly inside a major shopping center in Sydney's growing suburb of West Ryde. The surrounding footfall traffic benefits the cafe immensely with revenues consistently reflecting the loyal clientele and strong reputation.

      The business is currently run under management which presents a strong 30% ROI with minimal effort required. There is also scope to run the business as owner operated which would further increase revenues.

      A few facts about the business:

      - Popular Coffee / Cafe franchise.

      - Business is run under management.

      - Reliable, confident core team of staff.

      - Located adjacent to a large supermarket store.

      - Popular with locals / Great reputation.

      - All assets included / Training & Support included.

      For more information on this opportunity, please contact the undersigned:

      Richard Ames
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0421 490 501 T: 1800 858 696 E: richard.ames@raywhite.com

      For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1712989 to search for the business.

      Disclaimer:
      Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

      Categories:

      Cafe/Coffee Shop, Takeaway Food, Franchise