Very Profitable Franchise in Prime Location
About this business for saleVery Profitable Franchise in Prime Location
Considering to invest in a business with sustained high profitability, but do not want to spend too much time running it?
You are in the right page. Just keep reading.
As one of the leading pizza brands in NZ, this franchise group has opened manysuccessful pizza outlets throughout the entire country. Good brand awareness, strong franchise support and a proven business model, surely it would be a good idea to add one of the restaurants into your investment portfolio or buy yourself a job and enjoy the substantial retained profit of being a boss.
The good news is one of its restaurants located in a prime site in Hamilton city is waiting for it new owners.
Here are some key facts about the business:
- 2016-2017, weekly turnover $15,000 to $16,000 including GST, increased by around 7-9% compared to previous12 months
- Rent is approximately only 4-5% of the turnover
- One owner only works part time (approx 20 hours a week)
- Very efficient labour expenses, below 20% of the turnover (without GST)
- Cash surplus for one full time working owner would be over $140K in 2016
With the turnover increase, the cash surplus in 2017 will be over $150K, it may even reach $160K-$170K, or even more.
Interested? Do not hesitate to contact your experienced business broker Paul Lu for further information. This kind of the quality business will be sold sooner than you think.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.