For Sale- Pizza Hut Store with Dine-In Buffet offering! – Regional NSW location
Asking Price $339,000 WIWO.
Are you looking for a lucrative opportunity to own a successful and proven business? Look no further! We are delighted to present to you this fantastic Pizza Hut business, located in the beautiful City of Regional, NSW.
Operating for over 10 years. Dine-in buffet offering! Buffet style pizza, pasta, salad, dessert, and unlimited soft drinks.
Key Highlights:
1. Long Term Lease: This Pizza Hut franchise has a secure and long-term lease in place, ensuring stability and continuity for the new owner. The lease terms are favorable and provide an ideal business environment for growth and profitability.
2. Established for over 20 Years: With a rich history of more than two decades, this Pizza Hut business has built a solid reputation in the local community. It has become a go-to destination for pizza lovers, providing consistent quality and excellent service.
3. Exceptional Team: The business is backed by an exceptional team of qualified and experienced staff, ready to assist the new owner. From skilled chefs to friendly customer service representatives, the team ensures seamless operations and customer satisfaction.
4. Prime Location: Situated in the heart of the City of Regional NSW, this Pizza Hut benefits from high visibility and foot traffic. The store is strategically located in a bustling commercial area, surrounded by popular retail outlets, offices, and residential neighborhood’s.
5. Strong Online Presence: The business has embraced the digital era and has developed a robust online presence, including an informative website and active social media profiles. This allows for effective marketing and customer engagement, resulting in increased brand visibility and sales.
6. Multiple Revenue Streams: In addition to the traditional dine-in option, this Pizza Hut offers takeaway, delivery, and catering services. These additional revenue streams provide diversification and further growth potential.
7. Training and Support: As part of the Pizza Hut franchise, the new owner will receive comprehensive training and ongoing support from the franchisor. This includes operational guidance, marketing strategies, and access to a network of experienced professionals.
8. Growth Opportunities: The City of Orange is experiencing significant growth, with a thriving tourism industry and a steadily increasing population. This presents ample opportunities for expanding the business and capturing a larger market share.
• Franchise Agreement Expire May 2024. Option to renew or rebrand.
Revenue and Expenses
• Store sales- over $121,000/month with the GP of 72%
• Rent per Month = $10,500/month + GST+ Outgoing approx.
• Wages expenses = $37000/month approx.
• Monthly net earnings for under management before tax= $16000/month, under management if Owner’s couple operated $26000/month before tax. approx.
Cost to Purchase
• Business: $399,000
• 3-month lease bond: $30,000
• 1 Month rental advance $10500
• Stock: $15,000-$20,000
• Franchise Agreement renewal cost $50,000-$60,000
• Legal fees for buying the business and lease.
Call Kalpesh Patel on 0433 619 873 for a confidential chat & quote Listing Number: 1AU0129.
Note: All genuine 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.
