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Jesters Pies Franchise For Sale

$159,000 +Stock North Shore CityListing: #NS00532

$159,000 +Stock

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About this business for sale in North Shore City

Jesters Pies Franchise For Sale

The Hard work is done.  After 2 years this well -established Jesters Franchise is turning a profit and is showing great increases year on year.  It also has a well-established customer base running an on-line loyalty card with over 2700 members.

Jesters Pies started in Australia and has been established in NZ for over 16 years with over 19 franchises.  This franchise is the newest off the block with all the new branding and café style set up.  Jesters Pies Brand is now owned by No 8 Retail who is a larger retail group that own Caltex’s and Subways as well as some Burger Fuels over the North Island and Australia. The Brand is going places as it is selling Jesters Pies at many Caltex garages and looking for further expansion. 

The area is still growing with a new major retailer opening next door early this year along with a 30 shop mall and another major retailer is in planning opposite which is bound to help increase sales.  The current lease has another 6 years to run with a right of renewal for 2 x 8 years but the landlord is happy to sign a new lease to the purchaser.

This franchise is also running a mobile pie truck which delivers hot pies with a capacity of up to 250 to local businesses daily which accounts for a third of the T/O and has room for expansion should the purchaser wish to.  It also regularly attends events in the summer.  The possibilities are endless.

The current Owners need to sell due to personal commitments

If you want an easy to run business with a great future don’t miss out on this opportunity.

Auckland - North Shore
+64 9 930 0200
+64 21 800 280

Craig Zhu

*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.