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Restaurant business for sale in Waverley

  • Restaurant
  • Waverley NSW 2024
  • $899,000+ SAV

Crust Pizza Restaurant for sale in Sydney - 1SELL Listing Number: 1AU0109

Crust Pizza Restaurant for sale in Sydney - 1SELL Listing Number: 1AU0109

Asking Price $899,000

About the Business:

- Great opportunity to acquire CRUST Pizza Franchise Business in eastern suburbs location.

- Currently operated fully under management.

- Monthly revenue over $116,500 approx.

- Total rent is approx. $7,689/month Includes outgoings.

- Hours of Operation: 7 days: Sun- Thurs 4:30 PM-9 PM, Fri-Sat 12-10 PM; potential to extend hours as this CRUST Pizza is in a main location which attracts heavy traffic.

- Over $1.4 million in annual sales

- Full training provided by CRUST to eligible candidates for 6 weeks.

- Great opportunity for owner-operator or under management asking price $899,000.

- Long lease.

Revenue and expenses:

- Sales = $116,500/month or more approximately

- Expenses = approx. $89,345/month

- Net income before tax = approx. $27,650/month under management. Over $400,000/per year before taxes approximately, If owner-operated (currently it is $27,650/month before taxes under management).

- Annual income may be over $409,500 before taxes for owner-operator.

Cost to acquire:

- Business: $899,000

- Training cost: $15,000

- License, transfer fees and other associated fees: $10,000 approx.

- Stock At Value.

Note: All genuine CRUST 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: 123

Business Highlights

Business ID2018796997
Floor AreaAsk Business Broker
Category
Last updated  7 Mar 2024
Map for Waverley NSW 2024
Map for Waverley NSW 2024Waverley NSW 2024

Business Highlights

Business ID2018796997
Floor AreaAsk Business Broker
Category
Last updated  7 Mar 2024
1SELL
Suite 9, Level 1/2 Horwood Pl Parramatta NSW 2150

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