Price
$850,000
Profit *
Refer to Broker
Sales Revenue
$2,340,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02569
Currently on offer is a well-known Malaysian restaurant belonging to a successful franchise. It has been operating since 2020 and has enjoyed the support of loyal customers.
*$45,000 average weekly takings
*$5,700 average weekly net profit
*6-year lease
*$450,000 worth of plant and equipment
The business is known for providing its customers a taste of delicious Malaysian hawker food, packed with delightful flavours. Favourites include curry laksa, roti canai and chicken rice.
The business is ideally located at the suburb's most prominent shopping destination. Within a shopping centre, the business is surrounded by food, fashion and entertainment establishments that constantly expose it to high rates of passing traffic daily, enabling it to operate seven days per week.
Operating the business are four full-timers, four part-timers and 10 casuals. It is fully-under management, enabling the staff members to operate independently from its owner.
The franchisor will be providing the support needed for the purchaser to successfully transition into ownership. Moreover, the franchisor will be providing an S.O.P. programme to help the purchaser easily manage the entire business.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details to help you progress through the sale process.
Listing ID: ME02569
Broker: Andre Pudebat
Phone: 0489 195 651
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*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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