PRICE REDUCED FOR QUICK SALE
Our Vendor has other commitments and this has been priced for a quick sale and represents exceptional value with a 1 year ROI!
This franchised burger business is located in a busy inner north Canberra location with strong foot traffic and good local exposure.
The business is currently averaging approximately $15,000 per week in sales and operates from a fully equipped commercial kitchen with a liquor licence in place.
One of the key advantages of the opportunity is the exclusivity of the brand across the ACT, providing future growth potential for an incoming owner.
The lease terms are attractive for the area, with rent sitting at approximately $7,124 per month plus minimal outgoings, and there is a long lease in place providing security moving forward.
The business has been well managed operationally, with cost of goods sitting at approximately 31%, with further work currently being done to improve margins even further. Franchise fees are also attractive at just 6%.
The business has built a strong local reputation and currently holds a positive 4.7-star Google rating.
This opportunity would suit an owner operator looking to step into an established hospitality business with systems and branding already in place. Based on the current figures, there is potential for a working owner to earn approximately $1,900 per week.
Key Features:
Averaging approximately $15,000 per week in sales
Fully equipped commercial kitchen
Exclusive ACT rights to the brand
Liquor licence in place
Long lease with attractive rent
Minimal outgoings
Low 6% franchise fees
Approx. 31% cost of goods
4.7-star Google rating
Busy inner north location with strong foot traffic
Approximate working owner return of $1,900 per week
This opportunity would be well suited to an owner operated with some industry experience looking for their first business and would benefit from ongoing support from a franchise.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Staff No
1 x Fulltime Owner 1 x Part Time Owner 9 x Casuals
Lease Info
5 + 5 Year Lease Commenced February 2025 Base Rent $7,124 per month plus GST Outgoings - $218 per month
Trading Times
Sunday - Thursday 11am - 9pm Friday - Saturday 11am - 10pm
***Weekly Sales & Turnover***
Net Profit: $1,940
Turnover (inc GST): $15,000
Rent: $1,640
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