Asking Price: $185,000
Weekly Sales: $13,500
Lease Details: 20 Year Lease commenced 1 May 2008Lease & Franchise term expires 30 April 2028Annual Review = 4%Approx 90 Sq MetresRent $1,500 pw + gst + outgoings
Business Details: 20 Year Lease commenced 1 May 2008Lease & Franchise term expires 30 April 2028Annual Review = 4%Approx 90 Sq MetresRent $1,500 pw + gst + outgoingsSOLD! No Onsite baking - all products delivered fresh dailySeating inside = 25, Outside = 15 customersHighly respected franchise brand with 75 stores around VictoriaSells approx 16 kgs of coffee weeklyAll products including pies and cakes baked daily in Franchisor owned huge factory premises in KeilorApplication Fee is $22,000 (inc gst) to cover training and legal documentation)Security Deposit = $30,000 (held by Franchisor) to cover landlord and food supply from factoryCurrently one owner working approx 30 hrs supported by an experienced team of staff working on a roster basisShopfit enhancement will be completed by Jan 2022.
Contact Broker Ahmet Ali on Mob. 0400650770 to discuss further OR to arrange an inspection OR to make an offer to suit your requirements. Happy to assist.
