Crust Pizza Restaurant for sale in Sydney

Price: $899,000 + Stock
Crust Pizza Restaurant for sale in Sydney – 1SELL Listing Number: 1AU0109

Key Sale Highlights

Business Overview

Crust Pizza Restaurant for sale in Sydney – 1SELL Listing Number: 1AU0109

Asking Price $899,000

About the Business:

Great opportunity to acquire CRUST Pizza Franchise Business in eastern suburbs location.
Currently operated fully under management.
Monthly revenue over $116,500 approx.
Total rent is approx. $7,689/month Includes outgoings.
Hours of Operation: 7 days: Sun- Thurs 4:30 PM-9 PM, Fri-Sat 12-10 PM; potential to extend hours as this CRUST Pizza is in a main location which attracts heavy traffic.
Over $1.4 million in annual sales
Full training provided by CRUST to eligible candidates for 6 weeks.
Great opportunity for owner-operator or under management asking price $899,000.
Long lease.
Revenue and expenses:

Sales = $116,500/month or more approximately
Expenses = approx. $89,345/month
Net income before tax = approx. $27,650/month under management. Over $400,000/per year before taxes approximately, If owner-operated (currently it is $27,650/month before taxes under management).
Annual income may be over $409,500 before taxes for owner-operator.
Cost to acquire:

Business: $899,000
Training cost: $15,000
License, transfer fees and other associated fees: $10,000 approx.
Stock At Value.
Note: All genuine CRUST records are in place. It can be supplied to serious prospective buyers after a site visit and personal interview.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

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