Iconic Beach Location - with choice of franchise
/restaurant

Industry: Food/Hospitality - Restaurant, Franchise - All, Food/Hospitality - All | Listed by: ABBA Group
Key Strengths
About this business

Business Headline : Iconic Beach Location - with choice of franchise /restaurant


Price : $499,000


Category : Food/Hospitality, Retail, Franchise, Restaurant, Food/Beverage


The current business is trading as a Hog\'s Breath franchise. There are some options with this iconic location purchase:


1. Purchasing as is - operating as a current Hog\'s Breath Franchise


2. Purchasing the business and operating as a unique restuarant, sports bar, or funky food offering. 


The location is right across the Cronulla main beach area, with water views of the beach. There is adjacent parking on the Kingsway and Elouera road which is only a 100 metre walk from the location. 


The precinct is pleasant and inviting, and is in an iconic area of the Sutherland shire. 


The restaurant underwent an extensive refurbishment in 2018, and is well maintained and works nicely with the surrounding beach area. It is very easily adaptable to the region and offers great choices to the new owner. 


The owners have been in the business since 2005 and are highly regarded by the local community. A 4.2 star rating based on visits. It would not take much for prospective buyers to really see the underlying potential of this location. It would suit a new incoming person into a restaurant business, or an entrepreneur who can see the amazing potential for a possible new concept. 


The current business is supported by the franchisor in terms of training and operations, and is operating above the average stores in the group as a current well regarded Franchise business. 


P.O.A - a great opportunity in Cronulla 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4919498#enquire-now

Annual Rent : $278,758 -
Weekly Rent : $5,361


Annual Turnover : $999 -
Weekly Turnover : $19


Annual Gross Profit : $888 -
Weekly Gross Profit : $17


Annual Ebit : $777 -
Weekly Ebit : $15


Premise : Leased


Lease Commencement : Dec 2015


Lease End : Nov 2020


Lease Option:
5 years


Current Outgoings pa: $8,500


Outgoings Paid by : Tenant


Total Land Area : 320 Square Metres


Total Floor Area : 300 Square Metres


Total No of Parking : 3


Tenancy : Vacant Possession


Tenancy Options :
Direct lease



Franchise : Franchise Resale


Franchise Royalties : $105000


Approximate Stock Value : $20,000


Year Purchased : 2005


Year Established : 1995


Days Trading : 7


Staff :
2 Full Time - 17 Part Time - 5 Casual


Staff Salaries : $470,000


Property Url : www.hogsbreath.com.au


Reason for Sale : moving on to new venture


Business Potential : different branded restaurant

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Business Name / Ref #:
Contact Advertiser
Location:
CRONULLA
NSW
Asking Price:
$499,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
278758
Trading Hours:
Website:
Contact Details:
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Advertiser Details

Sales, Mergers & Acquisitions
Location: Level 1, 183 Harris Street
PYRMONT NSW 2009, New South Wales
2009, Australia

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Iconic Beach Location - with choice of franchise /restaurant ListingImage
About this business

Business Headline : Iconic Beach Location - with choice of franchise /restaurant


Price : $499,000


Category : Food/Hospitality, Retail, Franchise, Restaurant, Food/Beverage


The current business is trading as a Hog\'s Breath franchise. There are some options with this iconic location purchase:


1. Purchasing as is - operating as a current Hog\'s Breath Franchise


2. Purchasing the business and operating as a unique restuarant, sports bar, or funky food offering. 


The location is right across the Cronulla main beach area, with water views of the beach. There is adjacent parking on the Kingsway and Elouera road which is only a 100 metre walk from the location. 


The precinct is pleasant and inviting, and is in an iconic area of the Sutherland shire. 


The restaurant underwent an extensive refurbishment in 2018, and is well maintained and works nicely with the surrounding beach area. It is very easily adaptable to the region and offers great choices to the new owner. 


The owners have been in the business since 2005 and are highly regarded by the local community. A 4.2 star rating based on visits. It would not take much for prospective buyers to really see the underlying potential of this location. It would suit a new incoming person into a restaurant business, or an entrepreneur who can see the amazing potential for a possible new concept. 


The current business is supported by the franchisor in terms of training and operations, and is operating above the average stores in the group as a current well regarded Franchise business. 


P.O.A - a great opportunity in Cronulla 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4919498#enquire-now

Annual Rent : $278,758 -
Weekly Rent : $5,361


Annual Turnover : $999 -
Weekly Turnover : $19


Annual Gross Profit : $888 -
Weekly Gross Profit : $17


Annual Ebit : $777 -
Weekly Ebit : $15


Premise : Leased


Lease Commencement : Dec 2015


Lease End : Nov 2020


Lease Option:
5 years


Current Outgoings pa: $8,500


Outgoings Paid by : Tenant


Total Land Area : 320 Square Metres


Total Floor Area : 300 Square Metres


Total No of Parking : 3


Tenancy : Vacant Possession


Tenancy Options :
Direct lease



Franchise : Franchise Resale


Franchise Royalties : $105000


Approximate Stock Value : $20,000


Year Purchased : 2005


Year Established : 1995


Days Trading : 7


Staff :
2 Full Time - 17 Part Time - 5 Casual


Staff Salaries : $470,000


Property Url : www.hogsbreath.com.au


Reason for Sale : moving on to new venture


Business Potential : different branded restaurant

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:278758

Trading Hours:

Website:

$499,000

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