Coco Cubano Franchise sale in Western Sydney CBD
Well-presented licenced Franchise setup with option to change the brand or operate as an independent business.
1SELL Listing Number: 1AU0124.
Asking Price $497,000
About the Business:
- Great opportunity to acquire this Franchise Business in popular western suburbs of Sydney.
- Well-presented popular Franchise setup with option to change the brand or operate as an independent business.
- Set franchisee fee of only $300 including GST per week irrespective of the revenue.
- Currently operated fully under management.
- Monthly revenue over $115,000 approx.
- Hours of Operation: 7 days: Mon- Sun: 8:30 AM-10 PM
- Over $1.38 million in annual sales
- Full training provided to eligible candidates.
- Great opportunity for owner-operator or under management asking price is $497,000.
- Long lease.
Earnings:
- Sales = $115,000/month or more approximately
- Net income before tax = approx. $18,000/month under management. Over $348,000/per year before taxes approximately, If owner-operated (currently it is $18,000/month before taxes under management).
- Annual income may be over $350,000 before taxes for owner-operator.
Cost to acquire:
- Business: $497,000 + Stock at value
- Legal fees for buying the business and lease.
- Rental Bond
- Stock At Value.
Note: All genuine records are in place. It can be supplied to serious prospective buyers after a site visit and personal interview.
Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
Property Code: 134
