Purchased May 2023. Partnership hasn't worked out. Last 10 months Gross Sales $685k - Sale Price $110k +SAV This franchise was established in April 2014 in this Major Shopping Centre in this busy & highly desired District in Canberra ACT. Features & Benefits * Established since 2014. * Good Profits with Good management * Excellent healthy proven tasty products * Excellent cafe location within this large Westfield Shopping Centre. * The business has always had consistent sales. * An Owner/Manager who enjoys working in hospitality will be able to maximize further on the Café's location and improve sales and profits. * Easy to manage franchised business. No experience required. Full initial & ongoing training provided by head office. * Low Franchise Fees. 4% of Sales only * Reasonable asking price. $110k Neg. * All employees are happy to continue working for the new owner if required. * Long lease which expires in June 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 & by the landlord as a lessee 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.
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