Jamaica Blue

$370,000.00 Tax includes

Ambarvale

SKU: FQ1015 Categories: ,

Description

General Description
Franchise Jamaica Blue cafe selling 45 kgs. coffee p.w., smoothies, soft drinks, ice chocolate, tea, fruit juices etc. – Also serves a menu of salads, on-toasts, burgers, sandwiches, pies, pancakes & breakfast selection. – Sales up by 50% in the last 12 months. – Flexible franchise – Vendor decides on pricing and menu.

Potential
More growth can be achieved from menu extension and rotation. – Use of online ordering websites such as UberEats, Foodora, Menulog etc. – Extend morning and closing trading hours.

Features
Full financials available – Ranked top 10 cafe in N.S.W. in franchise group . – Almost $1m annual turnover – Full franchise support – Easy to run.

Premises
Refurbished in 2017 – This business has a near new fit-out with a very attractive presentation and an area of 60 sq. mts.

Location
Situated in a busy shopping centre in one of the fasting growing areas of South West Sydney.

Suburb
Ambarvale (Hidden)

Trading Hours
7 days – Mon. – Sat. – 8 a.m.- 5:30 p.m. – Thurs. – 8 a.m.- 9 p.m. – Sun. – 9 a.m. – 5 p.m.

Lease
Current lease expires Nov. 2022 – C.P.I. increases. – Franchisor owns the head-lease & lease approval is assured.

Sale Reason
Investing into another business.

Employees
1 owner + 2 parttimers + 8 casuals.

Comments
Turnover is $965,000 for 2017/2018 financial year – Misc.-1 – refers to franchise payments – Misc.-2 – refers to estimated gst and tax payments. – Franchise agreement matches lease terms – Franchise: 6% royalty, 3% marketing. – Very flexible franchise with strong support. – Extensive franchise training. – Owner willing to train as well. – Full financial figures available. – Vendor has requested high confidentiality – please do not approach staff. – Priced to sell.

 

Figure Display Type Regular
Weekly Takings $18,557
Cost of Goods $4,300
Gross Profit $14,257
Rent $3,398
Outgoings $
Wages $3,900
Telephone $15
Insurance $70
Electricity $400
Gas $
Misc 1 $1,700
Misc 2 $600
Total Expenses $10,083
Nett Profit $4,174
Price $370,000
Estimated Stock $5000
(Additional)
Equipment $
(Included)
Residence 0
Premium no
Undisclosed no

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