Listing ID: 133078 (Last updated: Mar 08, 2016)

Franchise Business For Sale, Newton SA

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FRANCHISE $506,000 + GST
  • Franchise Yes

2 /81 Newton Road, Newton 5074, SA

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Cibo espresso franchise opportunity

Brand new CIBO ESPRESSO greenfield site, excellent retail location, hugely popular brand

SNAPSHOT
- Brand new franchise, asking price: $506,000 plus GST
- Average annual sales in network: $1.25m per annum
- 7 years + 7 years Franchise Agreement
- 8% Royalty Fee, 3% Marketing Levy
- Premises is 120 sqm in size
- Open 7 days per week

LEASE
- Due to commence 31 March 2016
- Lease term: 7 years
- Options: 7 years + 7 years
- Rental: $60,000 plus GST per annum (just $5,000 per month)
- Outgoings: nil
- Promotional Levy: nil
- Full details of lease available upon application

CIBO ESPRESSO FRANCHISE
- Born from a passion to share the simple pleasures of the Italian lifestyle - wonderful coffee and quality food in a modern, stylish bar setting
- Well known and established brand in South Australia that is now spreading Australia wide
- Comprehensive training, operational support and strong business growth

STRENGTHS/ BENEFITS
- Greenfield site in prime location with exceptional lease terms on offer
- Perfect for a first time buyer or experienced operator. No additional expenditure required
- Become part an ongoing relationship of training, support and growth. The CIBO franchise model and brand is already a proven winner

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on 0411 145 114 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1187.

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Boyd Ryan Business Sales

Contact Details

Boyd Ryan Business Sales

Level 7, 470 Collins Street
Melbourne, VIC
3000

Agency Profile
Listing ID: 2633279

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