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Pizza - Takeaway - Home Delivery - Under Semi Management - Pizza Hut Gold Coast - Sales $18887 Pw - Profit For Part Time Owner Net $2264 Pw For Sale

Gold Coast Mc, Queensland, Australia
Asking Price:
$199,000 (AUD)
Sales Revenue:
$982,124 (AUD)
Cash Flow:
$117,728 (AUD)

Pizza Hut franchise with a dedicated service zone providing both in-house and home delivery. The menu includes pizzas, pastas, chicken wings, baked chips, garlic bread, cookies, ice creams, desserts, juices, and drinks. Ordering is done via two point-of-sale systems for walk-ins, a fully integrated online website ordering system, and a mobile phone app. The open-plan kitchen and preparation areas provide customer interaction with staff for walk-in orders, a large cool room, and a freezer. Peak periods are between 5 p.m. and 8 p.m. Approximately 85% of orders are received online through the franchisor's website and 15% are walk-ins. One owner only works 14 hours total per week, so the business can easily be run under full management for a much better return on investment when compared to other types of investments. Sales of $18,887.00 per week are excluding GST.

Potential
Two hands-on owners or a husband and wife team can dramatically reduce their weekly wages bill if they choose to do so by working shifts in the business. International customers returning from overseas, as pre-COVID restrictions are now lifted, will organically help grow the annual sales.

Features
Low weekly rent for the prime location, new fit-out, and long franchise agreement. Plenty of off-street undercover parking for both owners and staff at the rear of the premises. Brilliant lifestyle location to own a business.

Premises
New premises fully fitted in July 2021 with an area of 72 sq. m. Established in July 2021.

Location
Prime location in a great, centralised location and close to many high-rise hotels on the Gold Coast.

Trading Hours
7 days: 11 a.m. to 11 p.m., except for Friday and Saturday, when it's 11 a.m. to midnight.

Lease
The current lease for 10 years commenced in July 2021 and expires in July 2031, with 3% annual rental increases. There is currently no bond. A new 10-year franchise agreement commenced in July 2021.

Employees
The current owner only works part-time due to working in his other shop. The business has one night manager plus casual staff as required during peak times.

Comments
The franchisee pays a weekly royalty, advertising contribution, and purchasing contribution to the franchisor, all of which are based on a percentage of total net sales (11.85%). A training fee of $8,000 to $12,000 at another Pizza Hut Store is extra to the selling price shown. People from other states are moving to the Gold Coast for the great weather.

Franchisees receive ongoing training and support for the life of their investment.

A robust supply chain is supported by a global network. Both national and local marketing and advertising initiatives. A large, targeted range of technology solutions helps reduce franchisees' operating costs and improves the customer experience to drive your future success.

Property Information

Location:

Hot location in great centralised location and close to many high-rise hotels on the Gold Coast.

Business Operation

Expansion Potential:

Two hands-on owners or husband and wife team can dramatically reduce their weekly wages bill if they choose to do so by working shifts in the business. International customers returning from overseas, as pre-COVID restrictions have now been lifted, will organically help grow annual sales.

Trading hours:

7 days - 11 AM to 11 PM - except Friday and Saturday 11 AM to midnight.

Employees:
Current owner only works part time due to working in his other shop - has one night manager plus casuals at peak times as required working in the shop.