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Zambrero Manuka, Canberra

$260,000

Zambrero Manuka

Zambrero Manuka: The flavour of success

Zambrero is Canberra’s own franchise. It all began in Canberra, and the head office is in Canberra. Buy a Zambrero franchise in the ACT and you won’t feel like you’ve invested in a forgotten outpost on the outskirts of a vast empire. No, you’ll be in amongst the action, and that’s an experience very rarely found in a Canberra franchise.

A relatively new sensation, Zambrero is set to expand considerably over the next few years. Here’s a chance to buy the existing outlet in Manuka including the exclusive right to open other outlets in Canberra’s Inner South, home to five of Canberra’s largest (and wealthiest) schools. Your profits will be augmented by the large population of young people with deep pockets.

The existing store alone is very well situated. Two new nightclubs have just opened in Manuka, and the nearby Manuka Oval is planned for re-development in the coming years. Kingston, also in the Inner South, is an area scheduled for even more significant development and likely to do exceptionally well should the new owner choose to open there.

Sales are already increasing quickly with the new franchisor marketing campaigns. The last calendar year saw $100,000 greater sales than the financial year 6 months earlier. The new owner will be in a position to see the already solid figures improve even further in the near future

This business has already built up a database of around 50 clients who regularly request catering and being a franchise means you’ll have access to training, marketing and other support from the franchisor and franchise network.

The owner is relocating overseas, and must regrettably leave at this exciting point in the life of the business.

In brief

  • Gross sales in 2011 exceeding $500,000
  • Gross sales for the 2011 calendar year exceeding $600,000
  • Gross profit of 62.04%
  • Owner’s earnings over $97,000
  • Monthly rent of $5559.50 (incl. GST)

Asking $260,000 plus SAV
Stock around $6,000

Asking price includes assets worth more than $115,000 (cost price) and the fit-out would cost over $150,000 in design and labour to install today.

Buy a franchise and an existing business at the same time – the best of both worlds! Express your interest by using the ‘enquire’ form on this webpage or alternatively enquire via email to sales@capitalcommercial.com.au

Our friendly sales team is on standby to provide a detailed business dossier containing financial and operational information for this business. Email is the best avenue, but we are also contactable by telephone on 02 6253 4664.Lead agent Ian Lampl

0413 969 408
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Agent Details

Capital Commercial Business Sales

P: 02 6253 4664
F: 02 6253 4665
E: sales@capitalcommercial.com.au

Suite E1, 1 Hall Street Lyneham ACT 2602
www.capitalcommercial.com.au

Capital Commercial Canberra Pty Ltd
Licensed Agent
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $260,000)

Stamp duty $7,900
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $26,000
  Total initial payment:   $36,055

Monthly Repayments (assuming deposit of $26,000 and sale price of $260,000)2

Loan repayments on $234,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $1,549 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 29/7/11, last updated on 19/3/12, and has been viewed 2203 times. Please note the counter is not updated immediately.

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