Exclusive Business Opportunity – Thriving Franchise near Bankstown!
1SELL Listing Number: 1AU0130
Are you ready to seize an exciting business opportunity in the heart of the Sydney Metropolitan region? We present a well-established franchise, a beloved local cafe and ice cream venue strategically located in a bustling shopping centre built in the 1980s, near the vibrant Bankstown area. Priced at $279,000 + SAV, this could be your chance to own a piece of a thriving business with a proven track record.
Business Highlights:
Business: Local-loved Cafe/Ice cream venue
Location: Shopping centre built in the 1980s near Bankstown, Sydney Metropolitan area.
Financial Overview:
Yearly Performance:
– Total Sales: $715,000
– Gross Profit: $495,000
– Net Profit before Taxes: $120,745 (+ Owners Salary: $48,000)
Monthly Performance:
– Total Sales: $59,583
– Gross Profit: $41,250
– Net Profit before Taxes: $10,062 (+ Owners Salary: $4,100)
Weekly Performance:
– Total Sales: $13,750
– Gross Profit: $9,519
– Net Profit before Taxes: $2,322 (+ Owners salary: $960)
Business Potential:
Untapped Opportunities: Explore the potential for expansion by introducing items like hot dogs, meat pies, and sandwiches, taking advantage of additional revenue streams.
Stable Operations: Despite the owner’s decision to sell due to health reasons, the business has consistently thrived since 1995.
Additional Information on the Shopping Centre near Bankstown:
Age: This Shopping centre is a local-favorite 38-year-old establishment.
Major Outlets: Anchored by Woolworths, Aldi, and Kmart, the centre boasts over 50 specialty stores.
Car Park Accessibility: The centre offers over 1,000 car parking spaces, open 24/7, providing convenient access for customers.
Foot Traffic: With an estimated 50,000 weekly visitors, the Centre is a bustling shopping destination.
Cultural Diversity: According to the 2021 census, the top five ancestries in the area include English, Irish, Lebanese, Chinese, and Italian. The diverse immigrant population suggests a varied customer base. A significant proportion of the area’s population is born overseas, emphasizing the cultural diversity of the shopping centre customer base.
Cost to Acquire:
– Asking Price: $279,000 + SAV
– Document fees: $3,300 incl. GST
– Training Fees: $13,200 incl. GST
For further details on this incredible business opportunity or any inquiries, please don’t hesitate to contact:
Ricky Khurana (please quote 1SELL Listing ID: 1AU0130)
Business Sales Specialist
M: 0414 866 262
E: ricky@1sell.au
IN: https://www.linkedin.com/in/ricky-khurana-3aaa57194/ (follow me on LinkedIn for latest updates)
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.
