Link Business

Pizza Franchise, ~3.5% Turnover is Rent, Semi-Managed

$449,000HamiltonListing: #BPW00456


Hamilton businesses for sale 


$449,000

Food/Hospitality businesses for sale
Takeaway Food businesses for sale, Hamilton
$132,000


About this business for sale

Pizza Franchise, ~3.5% Turnover is Rent, Semi-Managed


A well known franchised pizza restaurant in Hamilton is available to purchase after seven years of trading by the current owner. Located in a busy shopping centre frequented by Hamiltonian's, the pizza shop opened in the early 2000's.

Some key features of the business:

  • Rent is about 3.5% - 3.7% of the sales, which is considered to be one of the lowest on the market.
  • Weekly turnovers over $15,000 (gst incl)  Financial Year 2017.
  • Average turnover of first 4 months of Financial Year 2018 (April - July 2017) increased by 21%.
  • Annual cash surplus for a part time working owner is over $120,000 (estimated to be $132,000 if full time).
    Imagine how much this figure could be if the growth continues through the whole financial year?
  • Excellent franchise training and on-going support.
  • One of the leading pizza brands in NZ with strong reputation locally and nationwide.
  • Hundreds of customers in database for caterings.

​Hospitality experience is preferred but not essential. Suitable for a husband and wife team or investors looking for a profitable growing business.

Due to personal issues, the owner said must sell.

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.



***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.

Waikato
paul.lu@linkbusiness.co.nz
+64 7 579 4994
+64 21 047 4988

Paul Lu

*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.