Highly Profitable & Popular Cafe Located in the Heart of the City! Amazing 100% Return on Investment!*
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Well located on Genge Street, The Bearded Bean cafe has proven to be a hit with the local office workers and has become a highly successful and profitable franchise since opening its doors.
Serving breakfast and lunch, the menu has been kept simple using basic ingredients with big flavours. Described as 'fast & tasty' it is the perfect lunch option for busy workers and shoppers.
The business is set up to be run under management and the new owner can work minimal hours if so desired.
This particular franchise has been established with low franchise service fees, and the current owner is willing to provide ongoing support to the business if required.
With fantastic reviews from locals and visitors alike, this is an exceptional opportunity not to be missed!
Key Features & Benefits:
* the business is going from strength to strength with owner's profits in excess of $200,000 for the 2017 Financial Year, and tracking to be in excess of $360,000 for the 2018 Financial Year
* set up to be run under management
* highly desirable location in the heart of the city with a high volume of foot traffic passing by
* long lease in place until May 2021 with an option to renew for a further 5 years
* extremely low rent to turnover percentage
* brand new fit-out so nothing more to spend
* low franchise service fees of 4%
* training provided
* owner willing to provide ongoing support to the buyer
Secure your future by being part of this exciting new franchise brand! All the hard work has been done so don't delay making an enquiry TODAY!
Some financial institutions may lend up to 50% of the purchase price against the business to approved purchasers.
Sale price $367,000 + SAV
* 100% Return on Investment is based on the 2018 Financial Year 'Owners Adjusted Annualised Earnings' as calculated from the available Profit & Loss Statement.
For more information about this fantastic opportunity please call Michael Newham of Finn Franchis Brokers on 0419 263 014 or email email@example.com