PappaRich Franchise Westfield Sydney

Price: $150,000 Location: Sydney City, NSW Ref: 4904400
Amy Li
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Business Headline :
PappaRich Franchise Westfield Sydney
Price :
Category :
Food/Hospitality, Restaurant, Takeaway Food
Full Description :

PappaRich as a brand is synonymous with Malaysian cuisine, with a vision of “Bringing Malaysian Delights to the World”. Since founding in 2005, PappaRich now has almost 100 outlets across Malaysia and the rest of the world. Now it is excited to see PappaRich in all Australian major cities including Sydney, Melbourne, Canberra, Perth, Brisbane and Adelaide. PappaRich is famous for delivering authentic and quality Malaysian food to all customers and to be a brand that is genuinely Malaysian.

Key Features:

  • A well located business in one of Sydney’s best shopping centres – Westfield Sydney.
  • The business has a loyal customer base given the location of the store.
  • Long lease – 5 years.
  • Brand new plant equipment, furniture and fittings are included.
  • Assistance with training and operations from the franchisor offered. Easy to run business with great margin on products.
  • The price includes initial franchise fee and training fee.
  • You are buying the existing fixtures and fittings at absolute clearance rates!

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Annual Rent : $211,150 - Weekly Rent : $4,061

Annual Turnover : Not Disclosed - Weekly Turnover : Not Disclosed

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : Not Disclosed - Weekly Ebit : Not Disclosed

Premise : Leased

Lease Commencement : Jan 2018

Lease End : Jun 2024

Current Outgoings pa: $59,784

Total Floor Area : 71 Square Metres

Franchise : Franchise Resale

Franchise Royalties : $6

Approximate Stock Value : $5,000

Year Established : 2018

Days Trading : 7

Reason for Sale : Company strategy changed

Location : Sydney

Business Potential : Online promotion

Parking Comments : Shopping centre parking

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