Name of the franchise company: AFC = Advanced Fresh Concepts (http://www.sushiizu.com.au/)
Location: in Woolworths Melville, (corner of Leach hwy& Stock Road)
Sale price: $150,000 payable to current seller / franchisee, including all equipment & other necessary tools to operate plus 2 weeks’ stock.
Sale price does not include:
-Deep fryer lease payment ($300+ monthly, pay out in Nov 2017):
-Additional $15,000 + GST ($1500) franchise fee (ONE OFF - 5 years contract) payable to franchisor AFC SUSHI IZU. This will be subject to the current terms and conditions of the new contract issued from the franchisor.
Benefits of buying;
- High foot traffic independent Woolworths = very stable sales from local customers, no competitor since it is an independent Woolworths, not in a shopping center;
- 7 days a week with more than 12 hours a day of trading, take away, self-serve display;
- No cash, no till/cash register needed = low risk to operate;
- Top 3 store in WA, sales increased in 2016;
- Very stable and excellent team;
- Staff trainings can be conducted locally at franchisor’s training centre. No concern on training new staff.
- Commission of 33% of gross sale payable to Master Franchise to cover royalties, marketing, Facebook, Instagram, rental, electricity, water and no other fixed expenses.
- NET SALES AFTER GST: $13000-$16000 weekly
This business may be suitable for below potential buyers:
- Owner Operated Business (self-wage + net profit);
- New Starters wanting to Walk in an easy operation;
- Investors who live nearby wanting an easy investment;