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Mawson Cafe - Must be Sold ASAP due to Health Reasons For Sale
DUE TO PERSONAL REASONS
THE VENDOR MUST SELL THEIR BUSINESS ASAP
Mawson Café and Bakehouse is part of the Coffee Guru franchise system. It was started September 2017 and with the support of the franchisor has built a strong and loyal customer base along with good systems and staff in place. The owner works approx. 24 hours a week in the café and the business generates good profits for an owner only working part time hours in the business. Key points on this café are:
Open 7 days a week
Excellent lease
Fit out in great condition
Consistently busy
Coffee sales averages 40kg per week
Plenty of upside for a more hands-on owner
The owner is selling due to personal, medical reasons that mean she can no longer run the store part time. The owner also runs a 2nd business, and following a medical procedure will only be able to continue with one, so the café must be sold ASAP.
This is one of those deals you will not want to miss as you are buying a strong café with an excellent fit out which makes the owner good profits.
Potential
The 2nd business the owner runs takes a majority of the time so the café has always come second. A more hands-on owner will be able to drive further improvement on this already profitable business.
The business is now in a strong position and a new owner can continue to build on. It takes at least 3 years to establish a café. A new owner can walk in knowing all the hard work has been done as staff mainly run the café with good systems in place.
Location
Mawson
Trading Hours
7 Days
Closed Public Holidays and Christmas
Lease
New 5 year lease with option
$56,000 + GST per year
Financials
Weekly sales averaging $11,300
Gross Profits averaging 72%
Owners profit over $72,000
Price
$65,000 + SAV
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Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
