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 3 shifts and 18.5 hours p.w. plus 1 day and 1 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 . Menue includes pizzas, pastas, chicken wings, baked chips, garlic bread, cookies, ice creams, desserts, juices and drinks. Ordering with 2 point of sale systems for walk-ins and a fully integrated online website ordering system and also mobile phone apps. 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 franchisor website and 15 % are walkins . One owner only works 18.5 hours total p.w over 3 shifts 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 $20,000 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 .
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