Asking Price: $285,000
Weekly Sales: $12,200 (exc gst): $20k (precovid)
Lease Details: 5 year lease term, commenced 1 Oct 2020Base Rent: $110,000 pa + gst + outgoingsAnnual 4% increase
Business Details: 5 year lease term, commenced 1 Oct 2020Base Rent: $110,000 pa + gst + outgoingsAnnual 4% increaseLocated in busy food court of shopping centreKiosk formatCurrent owners been operating for 12 yearsSuitable to operate under management - owners living in MelbourneWell trained staff will remainThis is a well respected location with a highly profitable trading historyTrading history over recent years;Sales 2019-20 $726k paSales 2018-19 $879k paSales 2017-18 $966k paSales 2016-17 $1,031k paOpportunity to pick up a very successful business as well as relocate to regional VictoriaGenuine Vendors looking to retire after 12 years.Franchise Royalties = 7%, Marketing = 3%Training: 2 weeks Sydney Head Office plus 2 weeks in your store
Please call the Broker Ahmet Ali on Mob. 0400650770 to discuss further OR to arrange an inspection OR to make an offer. Happy to assist!
