Highly Profitable Cafe Miligram Franchise In Very Busy Shopping Centre For Sale

Business For Sale St Ives, New South Wales 2075

Business Category Cafe and Coffee Shop Franchise Business Opportunities Restaurant

$260,000

Description

Highly Profitable Cafe Miligram Franchise In Very Busy Shopping Centre For Sale

Currently with Owner/Manager 2024 Sales $1,124,521 - Sale Price $260k +SAV Operating Profit $290k for Owners/Managers
This franchise was established May 2017 in this major shopping centre on Sydney's Upper North Shore Suburb.
Features & Benefits
• Established since 2017.
• Good Profits and ROI. 2024 Sales $1,124,521
• Excellent cafe location within this large Shopping Centre.
• The business has always had consistent sales since opening.
• An Owner/Manager who enjoys working in hospitality will be able to maximize further on the Café's location and improve sales and profits further.
• Easy to manage franchised business. No experience required. Full initial & ongoing training provided by head office.
• Reasonable asking price.
• All employees are happy to continue working for the new owner if required.
• Long lease which expires in 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
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.
Contact Seller
Frank Sassin

Bsale ID: 642732
Broker REF: 22072

Business Brokers Network Australia
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