Hungry Jacks Restaurant / Drive through * 2
Hungry Jacks Restaurant / Drive through * 2
Industry :
Food/HospitalitySub Industry :
RestaurantRare opportunity to acquire sought after Hungry Jacks Franchise Restaurant / Drive through outlets
Note: Melbourne Victoria location advertised in multiple Capital City markets
Popular, well-recognised brand with more than 450 stores throughout Australia
Suit Owner Operators prepared to be actively involved in the daily operations management
Only 20% of all stores are franchised, so opportunities to join this iconic brand are very limited
To be Sold fully compliant with all Hungry Jacks Branding and Image requirements
Strong constant sales - Good potential for sales growth driven by Owner Operator
Store 1 - $2,990,000 - SE Suburbs
Store 2 - $2,490,000 - SE Suburbs
Loyal and growing customer base already exists Strong Franchisor support through National TV & multi media marketing program including elite sport sponsorship (AFL)
Comprehensive training program provided with access to developed products, marketing, training and business advice
Full business details will be made available to buyers including cash flows and EBITDA profit upon receipt of confidentiality and evaluated as suitable.
Note: Financial Capacity requirement LVR 50% or alternatively able to demonstrate significant complimentary income stream
Suitable applicants will be able to demonstrate Highly Developed Communication Skills, Financial Capacity, a passion for High Levels of Customer Service and be prepared to attend interviews in Sydney or other Capital City locations
Experience within the Franchise or Quick Service Restaurant setting, or High Transaction Customer Service Business highly desirable.
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Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$2,990,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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