Business Summary

Famous Licenced Restaurant in a Prime location for sale in Sydney

Well presented licenced popular Franchise setup with option to change the brand or operate as an independent business.

1SELL Listing Number: 1AU0124

Asking Price $650,000

About the Business:

- Great opportunity to acquire well known Café Franchise Business in popular western suburbs of Sydney.

- Well presented popular Franchise setup with option to change the brand or operate as an independent business.

- Set franchisee fee of only $300 including GST per week irrespective of the revenue.

- Licensed premises only $3600 rent per week

- Currently operated fully under management.

- Weekly rent around $3,600 including GST

- Monthly revenue over $115,000 approx.

- Hours of Operation: 7 days: Mon- Sun: 8:30 AM-10 PM

- Over $1.38 million in annual sales

- Full training provided to eligible candidates.

- Great opportunity for owner-operator or under management asking price is $650,000.

- Long lease.

Earnings:

- Sales = $115,000/month or more approximately

- Net income before tax = approx. $18,000/month under management. Over $348,000/per year before taxes approximately, If owner-operated (currently it is $18,000/month before taxes under management).

- Annual income may be over $350,000 before taxes for owner-operator.

Cost to acquire:

- Business: $650,000 + Stock at value

- Legal fees for buying the business and lease.

- Rental Bond

- Stock At Value.

Note: All genuine records are in place. It can be supplied to serious prospective buyers after a site visit and personal interview.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Property Code: 134

Property Details