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$320,000
$1,360,000
29% ROI is definitely not to be sniffed at! This is a high-performing and very stable business that is fully managed and that delivers delicious profits!
This is an exceptional franchise business and a brand that is rarely on the market. This particular store has been running for 16+ years and it continues to grow!
Very few staff are needed here, costs are well controlled, and the rent is just over 5% of sales. This is currently fully managed, and you can keep it that way. If you choose not to work here, you will enjoy an EBITDA of $279,000 and that’s a highly respectable 29% Return on Investment! If you replace the Manager, you would earn a surplus in excess of $320,000 per annum.
Full training and support will be given by this highly respected franchise company. Hospitality or retail experience would be preferred but it is your dynamic and motivated personality along with your general management skills that will ensure that you are successful here.
BUSINESS HIGHLIGHTS
This is an exceptionally good option if you are looking for a simple business that has been well-proven. This business has been going for 16 years and the current owner has enjoyed it for 8 of those.
These are business that always fetch a premium price because they are so simple and so solid! Even so, we have kept the price of this one competitive! This is also a premium brand and a Franchise so the banks will look favorably on funding this one.
Asking $950,000 plus stock
Rafiq Bhamani, 021 129 1916, rafiq.bhamani@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business
#cake #baking #franchise #waitakere
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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