Owner Works 10 Hours/Week - $200,000+ Cash Surplus

Whangarei

$650,000

Proposed Usage
Retail
Description:
Property ID
1c608md

Owner Works 10 Hours/Week - $200,000+ Cash Surplus

2019 Turnover: $803,293 excluding GST
Wage to Turnover Ratio: 22%
Lease to Turnover Ratio: 2.9%
Gross Margin: 65%

Located in the hot sun in the winterless Whangarei is an exceptional franchise hospitality business that provides an owner with an extremely healthy return, working only 6-10 hours per week in store!

In operation for a number of years, this business has been a constant performer, proven by its track record. With a great long lease in place until 2033, the future is very secure.

If you are looking to move up north, or if you are a local looking to become your own boss, do not hesitate and get in touch with me now, this business will not be on the market for long.

If you are on the ABC Business Sales website, please sign the confidentiality agreement below and I'll be in touch with you once completed.

Brock Sibbick, hospitality business sales specialist - 021 181 5457.

Price $650,000 + stock
.

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