Bargain – Act Quickly
This business is priced to sell –
- T/O $914k FY 21
- Net Profit $126k FY 21 *
- New lease available
- Kiosk in prime position
- Located large centre 45 minutes south CBD
- Seating for 80
- 50 kgs of coffee av sales per week
- Cash offer only
- Seller advised no re-fit required
This business is for sale at a Bargain price. The owner is a FIFO worker. The owner’s FIFO hours have increased in the last twelve months and she no longer has the time to manage the business plus FIFO commitments. Therefore, decided to sell the business after many years of ownership. Jamaica Blue cafes cost $400k – $500k to set up new. Existing businesses have sold in previous years for over $600k +
A new lease for two years has been agreed, which will coincide with a new Franchise agreement. At the end of the two year period the Franchisor will then in conjunction with the new franchisee potentially, negotiate a further lease.
This particular Jamaica Blue has consistently been a strong performer. The kiosk is well located in the middle of a busy thoroughfare in one of Perth’s largest and busiest shopping complexes.
The Foodco group is renowned for its quality food and coffee. The support and training offered to its Franchisees is second to none.
The high T/O reflects the repeat clientele that the business has established.
The business enjoys seating for 80 providing ample space for customers to sit and relax while they enjoy the fare on offer.
Best features of the business franchise are high foot traffic, location within the centre, ongoing support.
This very well presented Cafe is in a top location in a prominent shopping centre.
*Net Profit stated above has allowed for new lease rent reduction agreed for a Buyer from time of settlement.
Act quickly to secure this opportunity of food franchise for sale Perth.
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