Price
$399,000 + Stock
Profit *
$197,000
Sales Revenue
$1,350,000
Location
Southland Region, Invercargill
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
EL04471
This is an unbelievable price for this business BUT the Franchisor owns it themselves and they want a good owner operator in there.
If you are after a beautifully presented Franchise business that is nicely bedded-in and achieves steady weekly sales and decent profit then this it!
Sales are a really impressive $26k per week and that's en steady over the last 10 months. Because it is a company owned store, wages are running a little too high but it is still making $200,000 profit!
Now is your chance as a new Franchisee and you can expect to control the wage side better and make some significant increases to that bottom line! Even at $200k surplus this unbeatable buying.
This is a strong company that really cares about its Franchisees. It offers superb training and support.
BUSINESS HIGHLIGHTS
This is a nice, solid cafe business that has been nicely bedded-in. The location is superb and the lease is fantastic for such a location. This is a solid investment that you can grow over time, make more profitable, and then reap the rewards of capital gain if you choose to down the line.
We have priced this one unbelievably low at $399,000 and it's ready and waiting for a new owner. The banks will favour this being a proven franchise. The price reflects the Franchisor's desire to find the 'right' buyer.
Asking $399,000 plus stock
Nick Giles, 021 676 832, [email protected]
***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.
#wesellbusinesses #invercargill #cafe
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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.
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