A Mouth-watering Opportunity To Own A Unique Greek Doughnut Franchise - Motivated Vendor!

Chippendale, New South Wales 2008

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Unique Greek Doughnut franchise
  • Well located in Chippendale
  • Strong local customer base
  • Initial training and ongoing support provided
  • Simple operations with growth potential
  • 14 stores in operation
  • Turnover: $728,000
  • Net Profit: $65,000
  • Rent/Lease: Lease in place
  • Stock Value: Not disclosed
  • Established: 8 years

Business Details

Business Category Cafe Franchise Business Opportunities

Lukumades offers a unique Greek Doughnut variety - with the addition of great coffee, gelato ice cream and beverages to match. The business is well located in the new and revitalised area of Chippendale, which has a loyal following through both local residents and newly formed businesses who are now located throughout the immediate region.
The business started its journey in Australia, in 2015 with a food truck roaming across Melbourne, and quickly grew with a cult-like following. Today there are approximately 14 stores.
The new owner will be supported with initial training consisting of 2 weeks, and ongoing support with operations, marketing and business development. Although the business is simple in it's operations, all aspects will be well covered and reviewed. Eating the profits of this business maybe difficult, but the menu appeal is unmatched. Full financials available for viewing upon expressing your interest. This business is currently under management, so an owner operator could increase the profits by working in the business.
Weekly Sales = $14,000
Weekly Rent = $1,250
Weekly Wages = $4,000
Weekly Net Profit = $1,250
Now at a reduced price- motivated vendor!

What's Nearby

Contact Seller
Business Brokers Network Australia Business Brokers Network Australia
David Ciantar

Bsale ID: 580676