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Listing Id: 33831 Last Refreshed: 07/11/2024 Total Views: 3 Broker Ref: 22072

Highly Profitable Cafe Miligram Franchise in Very Busy Shopping Centre For Sale

Upper North Shore, SydneyYogurt Shops
Asking Price: $260,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Currently with Owner/Manager 2024 Sales $1,124,521 - Sale Price $260k +SAV Operating Profit $290k for Owners/Managers
This franchise was established May 2017 in this major shopping centre on Sydney's Upper North Shore Suburb.
Features & Benefits
* Established since 2017.
* Good Profits and ROI. 2024 Sales $1,124,521
* Excellent cafe location within this large Shopping Centre.
* The business has always had consistent sales since opening.
* An Owner/Manager who enjoys working in hospitality will be able to maximize further on the Café's location and improve sales and profits further.
* Easy to manage franchised business. No experience required. Full initial & ongoing training provided by head office.
* Reasonable asking price.
* All employees are happy to continue working for the new owner if required.
* Long lease which expires in 2027. With good tenant conduct, there should be no issue with getting another 5 years term at the end of this lease.
Buyer needs to be approved by Head Office as a franchisee
This business is a great opportunity for someone looking to buy an established and profitable Coffee franchise at a very reasonable price. A passionate, fully dedicated and passionate owner will certainly be able to improve this business further and reap the rewards.

Business Operation

Yes, this is franchise business.
Franchise
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