Nets Owner/Operator $316,000 PA
Turnover: $1,200,000 PA
LONG 15 year lease with rent of 6.5% of turnover
SOLID – CONSISTENT – STABLE – GOLDMINE
TOP 5 store year after year. Very Very consistent store.
Rare opportunity to own one of the most sort after stores in the entire GJ portfolio
Very long lease and extremely low rent and low occupancy costs.
Vendors not working a full week, which highlights savings and potential improvements
COG’s are high for a store of this size, leaving a new owner room for improvement.
Figures are exactly as per the financial statements & without adjustment. Clean books
Good group of managers in place that are quite capable of handling the business.
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. Now with 917 stores worldwide and 485 in Australia.
Ideal as a quality return on investment with minimal input or as a strong earner with brand presence for those entering the industry with limited experience.
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.