Crust Pizza Restaurant for sale in Sydney - 1SELL Listing Number: 1AU0109

Waverley NSW
Asking Price $899,000+ SAV
About
Crust Pizza Restaurant for sale in Sydney - 1SELL Listing Number: 1AU0109

Asking Price $899,000

About the Business:

   -  Great opportunity to acquire CRUST Pizza Franchise Business in eastern suburbs location.

   -  Currently operated fully under management.

   -  Monthly revenue over $116,500 approx.

   -  Total rent is approx. $7,689/month Includes outgoings.

   -  Hours of Operation: 7 days: Sun- Thurs 4:30 PM-9 PM, Fri-Sat 12-10 PM; potential to extend hours as this CRUST Pizza is in a main location which attracts heavy traffic.

   -  Over $1.4 million in annual sales

   -  Full training provided by CRUST to eligible candidates for 6 weeks.

   -  Great opportunity for owner-operator or under management asking price $899,000.

   -  Long lease.

Revenue and expenses:

   -  Sales = $116,500/month or more approximately

   -  Expenses = approx. $89,345/month

   -  Net income before tax = approx. $27,650/month under management. Over $400,000/per year before taxes approximately, If owner-operated (currently it is $27,650/month before taxes under management).

   -  Annual income may be over $409,500 before taxes for owner-operator.

Cost to acquire:

   -  Business: $899,000

   -  Training cost: $15,000

   -  License, transfer fees and other associated fees: $10,000 approx.

   -  Stock At Value.

Note: All genuine CRUST records are in place. It can be supplied to serious prospective buyers after a site visit and personal interview.

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.

Property Code: 123
        
Ref Num: onesell_51_97
Contact this seller
Listed By:
Contact this seller
Listed By: