Visit this listing at https://www.sbx.com.au/business?id=SF1638

Business Code: SF1638

Key Features: Takeaway - Franchise - Pizza Hut - City Fringe Sydney - Net Sales $12,200 p.w.

State: NSW

Suburb: Surry Hills, 2010

Location: Prime location close to a built up residential and commercial area and near a large Meriton, banks, University and a busy train station in the City Fringe

Description

Takeaway Pizza Hut Franchise - 2 shops in 1 - Selling a full range of pizza, convenience food, garlic bread, soft drinks and dessert. This franchise business is the largest pizza chain in the world - CCTV with back to base security - Full kitchen and cool room - 20 seats - Sales shown are ex gst - 3 scooters included in the sale - 2016 Tonelli 125cc Scooter - 2019 Kymco Agility Carry-On - 2018 Kymco Agility Carry-On - 2nd shop could be sublet or changed (STA) - Sales shown of $12,200 p.w. are ex gst

Summary

  • Features: Easy to operate. - Very popular and well known franchise - Profitable - Great location - New modern fitout - Good street frontage - Excellent store presentation - Close to train and tram lines - Well established in the area
  • Potential: Could be operated by a couple or two owners and save on wages. - Add more marketing and corporate catering - 2nd shop could be sublet or changed (STA) - Potential to grow the deliveries in this territory.
  • Premises: Two shop fronts on a busy main road location with good exposure and signage. This business has an area of 114 m2.(double shop)
  • Trading Hours: 7 days - Mon. -Tues. - Wed. & Sun. - 11:30 a.m.- 10:00 p.m. - Thurs. - 11:30 a.m.- 11:00 p.m. - Fri. & Sat. - 11:30 a.m -12 midnight
  • Lease: New 5 years lease expires in Oct 2026 + 5 year option - CPI increases - Currently 1 month bond
  • Employees: 1 owner + 4 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$12,200

Cost of Goods

$3,200

Gross Profit

$9,000

Rent

$1,250

Wages

$2,350

Outgoings

$622

Telephone

$30

Insurance

$45

Electricity

$295

Gas

$150

Misc1

$1,930

Total Expenses

$6,672

Estimated Stock (Additional)

$8,000

Net Profit

$2,328

Price

$178,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Franchise - Pizza - Delivery - 2 Shops

Business Code: SF1638
Price: $178,000
+ Estimated SAV $8,000

Key Features: Takeaway - Franchise - Pizza Hut - City Fringe Sydney - Net Sales $12,200 p.w.

State: NSW

Suburb: Surry Hills, 2010

Location: Prime location close to a built up residential and commercial area and near a large Meriton, banks, University and a busy train station in the City Fringe

Parking: 2 car parking spaces and street parking .

Description

Takeaway Pizza Hut Franchise - 2 shops in 1 - Selling a full range of pizza, convenience food, garlic bread, soft drinks and dessert. This franchise business is the largest pizza chain in the world - CCTV with back to base security - Full kitchen and cool room - 20 seats - Sales shown are ex gst - 3 scooters included in the sale - 2016 Tonelli 125cc Scooter - 2019 Kymco Agility Carry-On - 2018 Kymco Agility Carry-On - 2nd shop could be sublet or changed (STA) - Sales shown of $12,200 p.w. are ex gst

Summary

  • Features: Easy to operate. - Very popular and well known franchise - Profitable - Great location - New modern fitout - Good street frontage - Excellent store presentation - Close to train and tram lines - Well established in the area
  • Potential: Could be operated by a couple or two owners and save on wages. - Add more marketing and corporate catering - 2nd shop could be sublet or changed (STA) - Potential to grow the deliveries in this territory.
  • Premises: Two shop fronts on a busy main road location with good exposure and signage. This business has an area of 114 m2.(double shop)
  • Trading Hours: 7 days - Mon. -Tues. - Wed. & Sun. - 11:30 a.m.- 10:00 p.m. - Thurs. - 11:30 a.m.- 11:00 p.m. - Fri. & Sat. - 11:30 a.m -12 midnight
  • Lease: New 5 years lease expires in Oct 2026 + 5 year option - CPI increases - Currently 1 month bond
  • Employees: 1 owner + 4 parttimers
  • Sale Reason: Retirement
  • Comments: Misc.-1 - Franchise fees 6% and 5.5% Marketing fee. plus other general expenses - License agreement renewed till 2028 with an option to renew - Training costs are extra and is provided by head office by negotiation - POS is under lease and is approx. $3,500 per year extra.
    Delivery scooters with the big boxes at the back (3 scooters) - ( Approx. value is $4,000 each) - IM available on request to your broker - A must to inspect but please be very discreet.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures exclude GST

Weekly Takings

$12,200

Cost of Goods

$3,200

Gross Profit

$9,000

Rent

$1,250

Wages

$2,350

Outgoings

$622

Telephone

$30

Insurance

$45

Electricity

$295

Gas

$150

Misc1

$1,930

Total Expenses

$6,672

Estimated Stock (Additional)

$8,000

Net Profit

$2,328

Price

$178,000
+ Estimated SAV $8,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.