Almost New Muffin Break In Perth For Sale

Business description

Priced to Sell – 7 yrs left on lease – 9 yrs on Franchise agreement - $329k + sav

• Located in the growth corridor of Perth’s Southern suburbs
• Cheaper than setting up a new location
• Sales currently at $10k per week and showing constant growth
• Rent good value at $65k + o/g
• Long lease until 2019
• Prime position in middle of the food court in front of Coles

This Muffin Break opened December 2010. All the hard work of setting up and establishing the business is done The business has shown consistent growth and is expected to keep increasing over the next 12 months.

The kiosk features top quality fixtures and fittings.

With 9 yrs left on the Franchise agreement and 7 yrs on the lease, there is ample time for a buyer to stamp their mark on the business and reap the rewards.

A great opportunity to join one of the most popular Franchise groups in Australia. Food Co is well known for its quality food & coffee. The support and training offered to its franchisee’s is second to none.

Muffin break is located in the middle of the main food court. The Centre offers all 5 major banks, Coles, Woolworths, Big W and 60 specialty stores.

This business offers real value for money. Contact Angela by clicking on the contact seller button below.

Property information

Real Estate:

Lease

Lease terms:

8 year lease with 7 years left.

Leasehold rent:

$65,000 per annum

Location:

Busy shopping centre - south of the river.

Premises details:

Kiosk

Business Operation

Expansion potential:

All the hard work is done. Sales showing consistent growth and lots of opportunity to increase sales through marketing and centre promotions.

Trading hours:

Mon - Wed 7.30 - 5.30 Thu 7.30 - 9 pm Fri 7.30 - 5.30 Sat 7.30 to 5.00 pm

Employees:

1 Full time owner operator - 12 casuals

Years established:

One

Franchise terms

Franchise opportunity:

Yes

10 year franchise agreement with 9 years left on agreement.

Other information

Support & training:

Food co provide excellent training prior to purchase and on-going support and training to all their franchisees.

Financing available:

Finance broker can be recommended if required.

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$6,000