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Established Franchise Cafe - High Traffic Area Invercargill

$110,000

Profit $70,000

 

Join a well-known café franchise brand that has been operating in NZ for many years.

This is a great opportunity to acquire an established franchise café in an excellent location in Invercargill that has high foot traffic. The business has been operating for 5 years.

 

Background
With the first Covid lockdown happening just months after this café opened, the owners were placed in a difficult situation. The owners capitalised on the Covid government loans, wage subsidies, and resurgence support.

 After going further into debt with the NZ government loans the left the owners were left unable to reinvest in quality staff, local awareness/marketing, or the energy needed to revive the business to its true potential.

 With a strengthening NZ economy, NOW is the perfect time to buy this business at the low point and capitalise on a brighter future.  

 

Benefit from:

·      Strong brand & systems

·      Franchise support

·      Comprehensive initial training from the franchisor

·      In-store support on the takeover

·      Ongoing support

 

This business requires no previous experience in commercial baking, cooking, or business for a new owner to take this franchise to the levels it is capable of. This business provides an outstanding opportunity for anyone looking to get into the food/hospitality industry.

 

With such a low cost to acquire this business, it presents a rare opportunity for a buyer to start their hospitality career and business ownership dreams. The asking price reflects the opportunity on offer and is underpinned by assets that are higher in value than the asking price.

 

You may never see an opportunity like this again. For more information, contact Garth Milicich on 0277229503.

 

Details

Address Invercargill City, Southland
Price $110,000
Business ID 247

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