Local-loved Cafe/Ice cream venue Franchise resale - 1SELL Listing Number: 1AU0130

$279,000 + SAV

Exclusive Business Opportunity – Thriving Franchise near Bankstown!

1SELL Listing Number: 1AU0130

Are you ready to seize an exciting business opportunity in the heart of the Sydney Metropolitan region? We present a well-established franchise, a beloved local cafe and ice cream venue strategically located in a bustling shopping centre built in the 1980s, near the vibrant Bankstown area. Priced at $279,000 + SAV, this could be your chance to own a piece of a thriving business with a proven track record.

Business Highlights:

Business: Local-loved Café/Ice cream venue

Location: Shopping centre built in the 1980s near Bankstown, Sydney Metropolitan area.

Financial Overview:

Yearly Performance:

- Total Sales: $715,000

- Gross Profit: $495,000

- Net Profit before Taxes: $120,745 (+ Owners Salary: $48,000)

Monthly Performance:

- Total Sales: $59,583

- Gross Profit: $41,250

- Net Profit before Taxes: $10,062 (+ Owners Salary: $4,100)

Weekly Performance:

- Total Sales: $13,750

- Gross Profit: $9,519

- Net Profit before Taxes: $2,322 (+ Owners salary: $960)

Business Potential:

Untapped Opportunities: Explore the potential for expansion by introducing items like hot dogs, meat pies, and sandwiches, taking advantage of additional revenue streams.

Stable Operations: Despite the owner's decision to sell due to health reasons, the business has consistently thrived since 1995.

Additional Information on the Shopping Centre near Bankstown:

Age: This Shopping centre is a local-favourite 38-year-old establishment.

Major Outlets: Anchored by Woolworths, Aldi, and Kmart, the centre boasts over 50 specialty stores.

Car Park Accessibility: The centre offers over 1,000 car parking spaces, open 24/7, providing convenient access for customers.

Foot Traffic: With an estimated 50,000 weekly visitors, the Centre is a bustling shopping destination.

Cultural Diversity: According to the 2021 census, the top five ancestries in the area include English, Irish, Lebanese, Chinese, and Italian. The diverse immigrant population suggests a varied customer base. A significant proportion of the area's population is born overseas, emphasizing the cultural diversity of the shopping centre customer base.

Cost to Acquire:

- Asking Price: $279,000 + SAV

- Document fees: $3,300 incl. GST

- Training Fees: $13,200 incl. GST

For further details on this incredible business opportunity or any inquiries, please don't hesitate to contact us.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Details

Suburb Bankstown
Property Type Business
Category Food/Hospitality, Food/Hospitality, Food/Hospitality

Tools

Share This Business

analytics