Almost new cafe franchise - big price reduction

City Centre, Christchurch City

$400,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c55gfv

This superbly presented business is ideally located in a major mall, in north Christchurch.

I have sold this premium franchise in this mall several times in the last 25 years, and I am pleased to be asked to sell it again.

The premises are immaculate, and will not have any refurbishment needed for many years. There is a long lease term in place. The design of the store is to the latest flagship design being introduced nationwide by the Franchisor.

My vendor has a new opportunity to pursue, so is highly motivated to sell this profitable business. The price has just been reduced from $460,000 to $400,000 to reflect his motivation. At this price it is close to what he paid for it when brand new, despite it producing significant sales and profits in its first year of trading, which will impress your accountant.

Full training is provided by the Franchisor, plus ongoing help and support if needed. The business is trading well, and annual revenue should continue to increase from the current $800,000 + GST being achieved.

A detailed information memorandum is available. .

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