Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
Nets Owner/Operatore $162,000 PA
Brand New 6 year lease!
Base Rent only $72,721 PA
Under Full Management!!!!!
Up to 70% unsecured finance available. Just ask the broker for more information.
Brand new 6 year lease at a reduced rent makes this such a great opportunity.
HUGE Improvements for owner/operator. LINK Business has historically seen improvements of between 30-120% with managed stores that have been taken over by hands on operators.
Current owner will complete extensive required refurbishments and pay for new franchise agreement at current asking price (Valued at $67,500 approx)
Current asking price is well positioned based on the net profits indicated.
Great manager in place and has worked in the business daily for the last 6 years.
Lease includes Kiosk and large seating area.
As the most recognised coffee franchise available in Australia, this business enjoys the brand power and marketing that the franchisor provides as well as the ongoing training and support.
Ideal as a quality return on investment with minimal input or as a stable earner for those entering the industry who would not normally have the experience and/or know how to attain and prosper as an independent.
#10821
Broker: Mark Jason
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/10821
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
*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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