This is an excellent opportunity for a new owner-operator to take over an established business model that has been successful since 1989.
The key features of this opportunity include:
Low-risk business model with low royalties (8% ) and Mkt fees (2%).
Current Lease Expire July 2027 with 5 Years Renewal option, only 3 % annual increase.
Weekly sales average $17k, Weekly Rent $2100, Wages $3900 ,others $7,000
Net Return to Owner $2500 weekly
Four Full time staff in place
The business is located on the busiest street with enormous foot traffic and is surrounded by several varieties of retail outlets.
An owner-operator can utilize economies of scale and improve efficiencies by focusing on improvements to a store currently under management.
Listing ID: NSW11203
Broker: Sudip Dhakal
Phone: +61 421 460 335
Email: sudip.dhakal@linkbusiness.com.au
To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
Keywords: franchisee, profitable cafe , undermanagement
Ref: NSW11203
Ref: NSW11203
Timestamp: 20240507123004
