Currently, this franchised business is fully 100% managed, but the owners are over committed and the business would ideally suit an owner/operator away from the La Porchetta franchise, who can grow a business from the large trading foundation already established and at a fraction of the initial setup costs.
A long and secure lease is in place with plenty of immediate and surrounding car parks for customers. A fully equipped, no-expense-spared open format kitchen accompanies the immaculately presented restaurant that has a large seating capacity for over 200 people. The well organised and efficient kitchen can easily pump out some serious cover numbers.
The attraction to this opportunity is the premises. If one doesn't wish it to remain a La Porchetta branded business, then it can be re-branded and a new concept introduced. The fit out alone cost over $850,000 just over 3 years ago, so asking of $399,000 is for removable plant and chattels value only.
What an opportunity!
Price $399,000 + estimated stock value $20,000