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ACT
Prop ID: 260731
SALE
Cash is King...
ACT
Sale Price:
$690,000 (GST n/a)
And what is better when that cash cow business requires no specific technical skills, apart from a passion to lead and grow this already proved and proven business.
Reclaim your weekends and night’s! What is the benefit of owning a business or working a job, when that very job or business steals your time, or even worse, steals time from your loved ones or passions? One of the clear reasons that this business should be on the top of your lifestyle shopping list, is the fact that it is, 5 days a week and 8am to 5pm.
It’s a franchise, so you’ll get all the support offered by a growth and innovation focused network of operators.
Just some of the business benefits:
• 5 day a week 9-5 business .
• Located outside of a major centre with secure, competitive lease in place.
• 3 committed staff in place working “in the business”.
• On the approved franchise list for Bank West. Frank Walmsley from Peter Blackshaw has had discussion with financial institutions and there is strong likelihood of securing finance of up to 50% on the business.
• Proprietors earnings including add backs and owners wages :
2007:$274,683 2006:$310,696 2005:$281,768 2004:$278,313 2003:$256,213
• Minimal investment required in plant and equipment.
• Expansive and exclusive franchise territory.
After 5 plus years the current franchise operator is ready for new business opportunities and is motivated for different pastures– but will stay on to train and handover. Some vendor finance maybe offered depending on the strength of the purchaser and the terms agreed.
This business is truly distinctive in the marketplace that it competes in, and is ideally suited to Canberra’s high concentration of government and institutional clients. It’s on the approved franchise list for Bank West, and finance on the business is a very real possibility.
Sales terms:
• Asking price $690,000.
• Method of determine asking price: $274,683 multiplied by 2.5.
• Subject to transfer of lease.
• Subject to franchisor approval.
• Handover period offered.
• Franchise transfer fees payable by purchaser.
Contact Frank Walmsley Exclusive Marketing Agent from Peter Blackshaw on 0400446605 or email fw@bel.peterplackshaw.com.au .
Agent Details
Peter Blackshaw Real Estate
11-13 Lawry Place
Tel: 0262532499
Fax: 0262531422
Contact:
Frank Walmsley
Mobile: 0400 446 605
General: (02) 6251 9111
Sales: (02) 6251 9111
Rental:
Technical:
Fax: (02) 6251 9112
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Peter Blackshaw Real Estate, Macquarie
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Property for sale - ID 260731
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