Listing #:4772947450
Franchise Hospitality. Managed Profit $279k.
Location: | Auckland City, Auckland |
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How do you fancy a super simple 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
• Leave it managed and earn $279,000
• Work here and enjoy a surplus of $320,000
• Recently refurbished
• Weekly sales over $26,000 including GST
• Exceptionally simple business model
• Very strong history of success
• Excellent Financial Accounts
• Low rent at just over 5% of sales
• Strong training and support
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 favourably on funding this one.
Asking $950,000 plus stock
Rafiq Bhamani, 021 129 1916, rafiq.bhamani@linkbusiness.co.nz
Agency reference #: EL04218
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
• Leave it managed and earn $279,000
• Work here and enjoy a surplus of $320,000
• Recently refurbished
• Weekly sales over $26,000 including GST
• Exceptionally simple business model
• Very strong history of success
• Excellent Financial Accounts
• Low rent at just over 5% of sales
• Strong training and support
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 favourably on funding this one.
Asking $950,000 plus stock
Rafiq Bhamani, 021 129 1916, rafiq.bhamani@linkbusiness.co.nz
Agency reference #: EL04218
Business buyer’s checklist
Asking price: $950,000
Listed: Fri 21 Jun, 2:38 pm
Rafiq Bhamani
Link Business Broking Ltd
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Contact details
- (09) 5556031
- (021) 1291916
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Expires: Thu 17 Oct, 11:51 pm