Sumo Salad Tuggeranong; a successful absentee owner food franchise.

Business Details

If you’ve been looking for a food franchise that can deliver reliable and steady profits without your day to day, minute to minute supervision then start with Sumo Salad Tuggeranong.

The owner of the virtually brand-new shop puts in minimal hours and the staff successfully run the business for him. His involvement is limited to basic admin and cover employee’s shifts when required.

The most recent monthly rental invoice that included GST and outgoings was a very reasonable $6230. Rent is very affordable and the lease terms a long, extending until late October 2021.  We all know that rent money is dead-money when it comes to these types of businesses and having these very reasonable rental terms in place can give you confidence moving forward.

The financial returns in the 2015-2016 year were very attractive, with sales exceeding half a million and the operating profit (with minimal owner involvement) sitting above $70k.

If you require bank finance major lenders are prepared to lend 50% to this proven food franchise enterprise.
 
To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.

Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2016 Weekly Average 2015 Weekly Average Weekly Average
Sales $511,271.00 $9,832.13 $350,998.00$6,749.96 $0.00 $0.00
Gross Profit $274,125.00 $5,271.63 $240,301.00$4,621.17 $0.00 $0.00
PEBITDA $75,704.00 $1,455.85 $71,940.00$1,383.46 $0.00 $0.00
Rent $58,880.00 $1,132.31 $46,156.00$887.62 $0.00 $0.00
Wages and salary $62,932.00 $1,210.23 $47,132.00$906.38 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Fast food franchises.
  • The premises is subleased.
  • Premises: Anketell Street & Reed Street, Shop K0018, Greenway ACT 2900
  • Sublease commenced on: 29/10/2014
  • Sublease expires on: 28/10/2021
  • Term of the lease: Seven (7) years
  • Base rent: $55,000 per annum (GST inclusive)
  • Monthly rent: $5,053 plus GST
  • Outgoings payable: $349 plus GST
  • Base rent review rate: 5% per annum
  • Percentage Rent rate: 8%
  • Promotion Contribution: $2,750 per annum
  • Bond/Bank guarantee: $17,500 including GST
  • SQM: 28 square meters
Employees consist of: 1 store manager 1 assistant manager 7 Salad artists
Monday 9:00 AM 5:30 PM Tuesday 9:00 AM 5:30 PM Wednesday 9:00 AM 5:30 PM Thursday 9
Franchise

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty with sav

Investment Amount : $295,000+SAV

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au