This business operates as a specialist retailer of fresh yoghurt and yoghurt associated products and is run partly under management with the current vendor working 20 hours per week.
This business is currently operated under licence but will be sold to a purchaser who will be required to bring it under the group banner as a franchise. As a franchise it will continue to operate in the same way that is has under licence in that the franchise fee will be incorporated within the cost of the goods purchased from the group.
Simon Winter 0419 828 689
|Plant & Equipment||$1,500|
|Stock at valuation (approx)||$6,000|
||Sales||Return to Owner||Return on Owner's Investment|
Nine casual staff plus one vendor working approx. 20 hours per week.
|Current Rent||$1,684.63 per month + GST|
|Lease Term||5 years|
|Lease Commencement||August 2010|
|Lease Expiration||August 2015|
|Right of Renewal||1 x 5 years|
|Current Rent||General Outgoings: $472.32 per month + GST Promotional Levy: $84.22 per month +GST|
|Adjustments||3% per annum and reviewed to market at renewal period|