- Listing ID: 884253
- (Seller ref: Oil & Ving)
Oil & Vinegar Culinary Gifts Price Reduced Price For Sale
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Summary
- Asking price:
- $245,000 (Furniture / Fixtures included)
- Sales revenue:
- Available on request
- Cash flow:
- Available on request
- Franchise opportunity:
- Yes
- Years established:
- One
- Employees:
- One owner operator and 4 casuals
)
Business description
Oil & Vinegar – Culinary Gift Shop - Top Eastern Suburbs Centre - $245,000 Plus SAV - Priced Reduced by $50,000 - Will Consider all Offiers!
This business is part of the world-wide Franchise group Oil & Vinegar.
• One year into 5 yr lease
• Low rent of $55,000 per annum
• Stunning New Fit-out
• Top location in the food court of one of the most up-market centres in the Eastern suburbs
• $200,000 in depreciable assets
• Ticks all the boxes for business visa purchasers
Owner is reluctantly selling due to family commitments. All the hard work and expense has been done. New owners can reap the profits of Xmas trading and expand on what has been established.
Franchise terms
11% T/O
Property information
- Real Estate:
- Lease
- Lease terms:
- 3.5 yrs left on lease
- Leasehold rent:
- $55,000 per annum
- Location:
- Next to the food court in one of Melbourne's best centres in the Eastern Suburbs.
- Premises details:
- Shop one year old - stunning fitout and presentation.
Other information
- Expansion potential:
- Plenty of room to grow and develop the business thorugh advertising and promotion.
- Competition / Market:
- Unique concept and product.
- Support & training:
- Provided by franchisor
- Reasons for selling:
- Family committments.
- Trading hours:
- Centre hours
- Furniture / Fixtures value:
- $200,000 (included in the asking price)
- Inventory / Stock value:
- $25,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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