Desserts – Churros – Takeaway

For Sale

·
Sydney CBD

Business Code: FN1319

$199,000
+ Estimated Stock (SAV) $3000
Key Features: Very unique and popular product.- Prime CBD location with top-quality fit-out.- Easy to manage with simple employee structure.-Broad customer appeal across all ages.-Low rent and high net profit margin..
State: NSW
Suburb: Sydney
Location: Situated in Sydney CBD on the main path to Darling Harbour, located on the ground floor of a hotel with constant heavy foot traffic from tourists and locals
Premises: Approx. 28 sq.m with excellent exposure
Price not disclosed

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Owner focusing on developing the franchise business.

Sale Reason

10/2024

Established

1 car space

Parking

Under Management - ( 1 Manager + 1 casual)

Employees

7 days - Monday to Sunday: 12:00 p.m - 11:00 p.m.

Trading Hours

5 year lease commenced July 2024 - 4 months bond - 4% annual increases

Lease

Franchise takeaway business specialising in a range of churros and drinks. A unique concept with a growing franchise presence. Operates with a kiosk order system, allowing efficient operations with low food cost and minimal labour requirements. Designed for ease of management, this business delivers strong profitability and smooth day-to-day operation.

Features

Very unique and popular product.- Prime CBD location with top-quality fit-out.- Easy to manage with simple employee structure.-Broad customer appeal across all ages.-Low rent and high net profit margin..

Potential

Business is still in growth stage.- Excellent opportunity for a couple to operate and increase profits.- Owner-operation will further improve efficiency and earnings.

Comments

Franchise joining fee ($30,000), transfer fee ($15,000), and training fee ($7,000) will be waived. Launched in South Korea in 2014, this franchise has grown to 148 stores. Expanded internationally with stores in Japan, China, Vietnam, and 4 stores already in Australia.

Misc. 1: 3% franchise fee, Misc. 2: Other costs

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$1500
Gross Profit
$8500
Rent
$1800
Wages
$2000
Telephone
$20
Insurance
$30
Electricity
$100
Misc 1
$300
Misc 2
$250
Total Expenses
$4500
Estimated Stock
(Additional)
$3000
Net Profit
$4000
Price
$199,000
+ Estimated Stock (SAV) $3000
Price
$199,000
+ Estimated Stock (SAV) $3000
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