Muffin Break Franchised cafe on sale. Famous brand in Australia for over 200 stores in Australia. Location in the Hyperdome shopping centre, best location in the centre, this cafe in the current location for over 15 years for only 3 owners (include current owner).And have a lots of loyalty customers. Open for 7 days Opptunity for employer nomination visa for bakers SALE OVER $700,000 Most time under management, owner just work part-time. Owner can choice work more time for more benefit. It a good opportunity for partner or family. Current owner just updated: Brand new Turbo fans Oven. ($6,000) Brand new 3-head Coffee machine. ($6,500) All the fridge/freezer has been serviced at last 6 months.
Sales Price $150,000-$290,000 include stock. This cafe have to have a reestablishment for under $140, 000, before that, you only need to pay $150,000, after reestablishment finish, it's worth $400,000+
The Normal brand new franchise CAFE is $400,000-$500, 00 depend brand and location, but without any existing customers, it has higher risk.
New owner will be guaranteed a new contract before start the reestablishment. New 5 years contract (not sign yet, still on negotiation ) Base rent $115,000 +GST at first YEAR. The reestablishment fee is limited up to $140,000. (Normally $110,000, depends the plan.) After reestablishment, the sales could have 10-15% increase.
New owner will be guaranteed a new contract agreement by company. The new contract will start at 2016/2017
Private sale Genuine enquiry only, I need to see the bank statement/finance statement before we start talk the situation. You also need to sign the confidentiality agreement. Please contact me 0450833818 10am-5pm only
No open times scheduled. Contact Agent to arrange a viewing.