Rental Business with Established Cashflow For Sale - Melbourne
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Over $900,000 plus in written contracts Sale Price $330,000
This business was recognised as one of the top performing outlets in a network of over 100 outlets across Australia in its first year of operation. The owner was looking forward to continue the rate of growth but was forced to slow down earlier in 2016 due to health reasons. As his health situation has not improved over time, he has not much choice but to sell this business.
Existing rental contracts of between 1 to 3 years in duration provide over $900,000 plus of revenue
Proven performance with potential for further growth and profit improvement by a new owner
Be part of a successful franchise system and brand, with business procedures and state of the art computer software already in place.
Fully set up operation that can be operated by an owner/operator or satellite owner with minimum staff and attractive rent of $17,000 per annum plus outgoings.
An attractive country lifestyle with metropolitan amenities, plus a lower cost of living.
Training will be provided with ongoing support by the franchisor
The owner has done all the hard work to establish this business, and was not able to continue due to health reasons. This is reflected in the asking price as the new owner will benefit from the substantial investment upfront by the current owner with the contracts already in place for its future revenue streams.
Asking Price $329,000 including all assets