Ad ID: 72225
Greek Street Food Franchise for Sale Newcastle NSWEnquire about this "Greek Street Food Franchise for Sale Newcastle NSW" opportunity on aubizbuysell
ZUES FRANCHISE - UNDER MANAGEMENT - IN PRIME NEWCASTLE LOCATION
Business for Sale Description
Greek Street Food Franchise for Sale Newcastle NSW Asking: $360,000 + SAVThis highly profitably Zeus Franchise is perfectly located in one of Newcastle\'s largest shopping centres. After only a couple of short years, the business is already generating great revenue and providing the current owner high profits. The business is well managed by a quality team of Managers and casual employees and is perfectly positioned for the new owner to take the business to the next level. The current Owner doesn\'t work in the business, providing mostly management oversight to the Managers.
Sales have continued to grow, largely due to the brand\'s growing popularity and consumer demand, with current sales exceeding $29,000 per week. This business provides a very respectable investment return for an investor or, much more for a working owner. 2019 financials show an adjusted Net Profit for an owner at arm\'s length, circa $196,000.
Zeus is one of Australia\'s most exciting new franchise food brands. Zeus\'s relentless focus on authentic, fresh, flavoursome Greek street food coupled with a youthful, fun and vibrant experience, Zeus is carving a unique place for itself in the Australian food industry. If you\'re looking for a strong performing brand, a profitable and proven business, operating well under-management, then this is it! It not only offers a great business model, but the business is also positioned in a prime location in one of Newcastle\'s largest shopping centres.
The business continues to grow as a result of the expanding popularity of the brand and consumer\'s increasing appetite for authentic, quality Mediterranean-inspired cuisine.
The business has a strong lease providing the new owner comfort and a platform for long-term future success. Rent is less than 12% of turn over; valuable quality fit-out (circa $450k), great franchise brand and quality systems. It provides a great income and lifestyle with many opportunities to achieve even greater success in the future.
If you are interested in finding out more about this quality opportunity, visit www.merchantbrokers.com.au to simply register online. Alternatively, call Ian Jones on 1300 BROKER or 0402 111 500.
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