Merrimac, Queensland 4226
$295,000
Key Features
AI generated. Contact seller to confirm.
- International Pizza Hut franchise with 19,866 stores worldwide
- Gold Coast location in a tourist precinct
- Situated on a major arterial road facing busy traffic
- Mostly under management with staff in place
- Potential for working couple to reduce wages
- Excellent lease through to 2031
- Turnover: $Over $18,000.00 per week; sales of up to $25,000.00 over Christmas
- Net Profit: $Over $162,000.00 p.a. nett, partly under management
- Rent/Lease: Rent $39,360.00 p.a. + GST; lease expires 2031
- Established: Well-established
Business Details
Business Category Cafe Catering Franchised Food Outlets Takeaway
Opportunity to be part of this International Pizza Franchise that boasts 19,866 Stores around the world!
This store is located on the Gold Coast on a major arterial road in a group of shops that faces this very busy road and tourist hub.
Pizza Hut Franchisor’s figures show current average weekly sales of over $18,000.00 and owner states sales over Christmas of up to $25,000.00!
Suit a hands-on-owner operator as current wages of over $4,000.00 per week.
The owner states the nett partly under management of over $162,000.00 p.a. as shown on financials (after staff wages of over $237,000.00 per annum!).
Well-established with an excellent lease to 2031 – very cheap rent of only $39,360.00 p.a.!!
Broker’s Comments:
Great location – in the heart of the tourist precinct. Just move in and start making money from day one – Be quick!
Overview:
The owner states nett weekly sales of over $18,000.00 & showing nett of over $162,000.00 partly managed by staff - Opportunity for a working couple to save on wages.
Price: Only $295,000 plus SAV & Franchisor fees for training and legals.
Lease: Expires 2031.
Rent: Only $39,360.00 p.a. + GST
Code: 303773
Disclaimer: Interbiz Business Brokers recommends that any decisions made on the basis of this listing’s content and projections should be made only after validating the conclusions set out here with an Accountant, Financial Planner or a qualified Tax Advisor, and on the basis of commercial judgement. Interbiz Business Brokers is in no way responsible for the accuracy of the information or projections contained herein and is in no way liable for any loss or damage arising from decisions made on the basis of this advertisement.
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