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2016 Net Profit $86,000 – fully managed.
2015 Net Profit $83,000 – fully managed.
* Since opening in 2009, sales have increased every month and continue to show strong growth
* Business operates under full management with great staff. Owner does not work in the business and only does payroll and rosters
* Head Office of this franchise group provides total support to all franchisees and supplies excellent systems and procedures
* Very strong brand name with over 150 locations across Australia
* Business is located in one of Brisbane’s busiest shopping centres with almost 4 years left on lease. Head Office arranges new 5 or 6 year lease for each franchisee
* Current owner has multiple outlets and is selling this one at an extremely low price
Asking Price: $139,000 plus stock
For full details contact Myron Plumb
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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