Rarely does a gastro bar of this calibre hit the market, so act swiftly! The Franklin Taphouse & Kitchen checks all the right boxes.
Nestled in the picturesque suburb of Beachlands, it enjoys the advantage of being situated in a growing area with many housing developments.
With solid weekly sales of $40,000, this establishment is poised for tremendous growth as the surrounding area expands.
While it's difficult to find fault with this thriving business, one area for improvement is the cost of goods, which currently stands at 37.5%. A savvy new owner could easily optimize this figure to around 30%, thereby significantly enhancing profitability. Sounds like an opportunity to me!
The Franklin is the go-to spot for the Beachlands community, regularly hosting lively events and showcasing live sports on its two large projector screens.
Key Business Features:
• Weekly Sales of $40,000
• Long Lease secured until 2041
• Reasonable Rent - coming in at 7.5% of revenue
• Prime Location in a high-growth area
• Capacity to accommodate events for up to 300 people.
Seize this opportunity without delay; reach out to Jeff today - 021 555 384.
Asking Price $750,000 + stock.
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34837
