Business Code:
Other business interests.
Sale Reason
07.2021
Established
Plenty of under cover parking for both owners and staff at rear of premises.
Parking
Current owner only works 14 hours p.w.1 daytime manager and one night manager plus casuals at peak times as required .
Employees
7 days - 11 a.m to 11 p.m. - excepting Friday and Saturday 11 a.m to midnight .
Trading Hours
Current lease for 10 years commenced July, 2021 - expires July, 2031 - 3 % annual rental increases - currently no bond - New 10 year franchise agreement commenced in July 2021 -
Lease
Pizza Hut franchise with dedicated service zone providing both in house and home delivery. Menu includes pizzas, pastas, chicken wings, baked chips, garlic bread, cookies, ice creams, desserts, juices & drinks. Ordering with 2 point of sale systems for walk-ins and a fully integrated online website ordering system & also a mobile phone app. Open plan kitchen and preparation areas providing customer interaction with staff for walk in orders, large cool room and freezer. Peak periods between 5 pm to 8 pm. Approximately 85% of orders are received online through the franchisors website and 15 % are walk-ins. One owner only works 14 hours total p.w so the business can easily be run under full management for a much better return on investment when compared to other types of investments. Please do not approach vendor or staff of the business under any circumstances -. Only contact the SBX agent, a two-page confidentiality agreement will be required to obtain financials. Sales of $18887.00 pw are excluding gst.
Features
Low weekly rent for the hot location, new fit out and long franchise agreement. Plenty of off-street undercover parking for both owners and staff at rear of premises. Brilliant lifestyle location to own a business.
Potential
Two hands on owners or husband and wife team can dramatically reduce their weekly wages bill if they choose to do so by working shifts in the business. International customers coming back from overseas as pre covid restrictions are now lifted will organically help grow the annual sales.
Comments
The franchisee pays a weekly royalty, advertising contribution and purchasing contribution to the franchisor, all of which are based on a percentage of total net sales 11.85 % -Training fee $8000 to $12000 at another Pizza Hut Store is extra to selling price shown. - People from other states are moving to the Gold Coast for the great weather.
